October 7, 2019/UBA Plc Pan African Financial services institution, United Bank for Africa is joining the rest of the world to celebrate the 2019 Customer Service Week, themed, “Magic Happens Here”, with recognitions for staff who have excelled in excellent service delivery. The event which is commemorated all over the […]
Money Market
Nigerian Banks Improve NPLs Post-recession
Culled—Proshare October 4, 2019 By Coronation Research Nigerian banks have improved non-performing loans (NPLs) post-recession. However, our study shows certain sector NPLs have deteriorated. Real Estate, a significant component of GDP, has also recorded impressive moderation in NPLs, notwithstanding its declining contribution to GDP. FX So far in September, the […]
Forex Intervention: CBN Injects $311.5m, CNY15m into Retail SMIS
Culled—Proshare October 4, 2019 By CBN The Central Bank of Nigeria (CBN) on Friday October 4, 2019, made an intervention of $311.5million in the retail Secondary Market Intervention Sales (SMIS) and CNY 15million in the spot and short-tenored forwards segment of the inter-bank foreign market. The Director, Corporate Communications Department […]

