Tag: Nigerian banks
As Nigeria’s banking industry responds to impact by the COVID-19 pandemic, Ayokunle Olbunmi, Head of Financial Institutions Ratings at Agusto & Co joins CNBC Africa to assess to what extent current efforts can absorb shocks brought by the pandemic.
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.
Amid currently challenging macroeconomic dynamics in Nigeria as well as losses to bad loans among Nigerian banks, Chigozie Muogbo, Head of Research and Economic Intelligence at Diamond Bank joins CNBC Africa to discuss winning strategies banks can leverage to stay afloat in 2019.
Nigerian banks' non-performing loans hit 10-month high
MSCI deletes 4 Nigerian banks from frontier market index