Latest articles from Nigeria

Double whammy hurts Nigerian banks’ ROE

October 15, 2021

Access Bank, the country’s largest lender by total assets, saw ROE fall from 16% in 2019 to 14.1% in 2020.

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Financial services FDI to South Africa surges despite pandemic

March 22, 2021

Total financial services capital investment into South Africa rose 41% last year, while Nigeria saw a 57% drop.

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Nigeria’s central bank clamps down on cryptocurrencies

February 18, 2021

CBN’s effort to force financial institutions to close cryptocurrency accounts has sparked angry backlash.

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Nigeria’s fintech scene booms despite economic woes

December 11, 2020

Investment surges as start-ups seek to tap 40% of country still unbanked amid rising internet use.

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Nigeria’s banks grapple with Covid-19 and oil price slump

November 27, 2020

Lenders' profitability set to weaken on the back of higher impairments and lower net interest margins.

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Jaiz Bank CEO on reaching Nigeria's unbanked citizens

September 7, 2020

There's overlap between Islamic finance and the UN SDGs, says managing director Hassan Usman.

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FirstBank CEO views Nigeria future with optimism

March 6, 2020

The CEO of First Bank of Nigeria talks about the outlook for consolidation in the country's banking sector, and whether payment service lenders present a threat.

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Central bank governor seeks to keep Nigeria on steady path

November 1, 2019

Nigeria’s central bank governor discusses moves to encourage greater private sector lending and a push towards a cashless economy.

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Nigeria's information minister looks to maintain crackdown on corruption

July 2, 2019

Nigeria’s minister of information and culture discusses the government’s priorities for its second term in office. 

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FirstBank CEO looks to blend experience and youth in Nigeria

April 1, 2019

Nigeria's oldest financial institution, FirstBank, may have notched up a century and a quarter, but its workforce and ideas are both young, CEO Adesola Adeduntan tells The Banker.

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