Financial Services

May 15, 2018

Nigeria Update: Diamond Bank posts N203.3billion gross earnings in full year

Diamond Bank Plc has achieved nine per cent increase in gross earnings from N187.3billion in 2016 to N203.3billion in 2017. Specifically, the bank’s audited result for […]
May 15, 2018

Nigeria Update: Risks in Nigeria, China $2.5b currency swap deal

For the country to achieve full benefits from the recent currency swap deal, it must develop competitive advantage in the production of certain exportable goods that […]
May 11, 2018

World Update: Moody’s cuts Nigerian banks’ risk outlook on rising oil prices

The outlook for the Nigerian banking system remains stable, as banks’ foreign currency liquidity risks moderate due to rising oil prices and a more liberal foreign […]
May 11, 2018

Nigeria Update: Banks are sabotaging our efforts on new notes – CBN

The Central Bank of Nigeria (CBN) has blamed commercial banks for sabotaging its efforts in replacing mutilated notes with new ones in the country.Mr Isaac Okorafor, […]