Tag: deposit

CBN’s loan to deposit ratio requirement credit negative for Nigerian banks – Fitch

Fitch Ratings says the requirement for Nigerian banks to have a loan-to-deposit ratio of at least 60 per cent at the end of September is credit-negative for Nigeria's banking sector. Muyiwa Oni, Regional Head; Equity Research at Standard Bank Group joins CNBC Africa for more.

Improving payment services in Nigeria

The Central Bank of Nigeria has directed Deposit Money Banks to offer mobile money wallets without prior approval. Chidinma Lawanson, Financial Services Consultant at International Finance Corporation (IFC) joins CNBC Africa for more.
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