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FG Seals $3.5B Deal with Afrexim for Textiles, CNG Vehicles; Cooking Gas Prices Soar 70%
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The rating action reflects the banks’ financial profiles
This news was received with mixed feelings from fintech stakeholders and the general public.
Hassan said there is a need for bank customers to be enlightened on bank charges.
The number of ATM points in Nigeria fell by 649 to 18,810 in 2020.
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%.
The GMD said such a form of investment is needed to enable the continent to achieve its full potentials.
This was disclosed via a statement issued by the apex bank's Acting Director of Corporate Communications Department.
With this issuance, NGX has supported Federal Government and corporates to raise over N4.7Trillion from the capital market
GTB is adjusting its operating model and service offerings to remain relevant in the financial services sector.