The market capitalization of the top five banks declined to N2.46 trillion...
By June 2020, improvements were noted, the NPL ratio stood at 8.8%....
Last year, minister of communications and digital economy, directed the NCC to audit the subscriber registration database....
CBN governor, Godwin Emefiele said that he CBN will continue to channel weekly allocations of dollar sales to commercial banks to meet legitimate FX demands....
The Group stated that the summit would be a collaboration between the public sector and the organised private sector....
Godwin Emefiele disclosed this at the Monetary Policy Committee meeting on Tuesday, 27th July 2021....
The CBN receives about 574 license applications from BDCs every month....
NIPC disclosed the full list of the companies in its report on pioneer status incentive applications for Q2 2021....
Emefiele said the decision was based on BDC operators’ involvement in illegal financial flows and money laundering....
This disclosure is contained in a document obtained from the Federal Ministry of Finance, Budget and National Planning....
