September 30, 2019/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. Click here to read full PDF copy of […]
Money Market
CBN Direct Banks to Report Transactions Listed on UN Security Council Resolution 1718
September 30, 2019/CBN Further to the provisions of Regulation 11 of the CBN AML/CFT Regulations, 2013 and our previous Circulars on targeted financial sanctions, we write to remind all financial institutions on the need to increase surveillance and report all transactions involving persons and entities designated under the United Nations […]
Nigerian Banking Sector Update: Resilience Will Be Tested as Risks Rise
September 30, 2019/Cordros Report In this report, we discuss the outlook for the banking sector, specifically discussing commercial banks. Sector Growth Remained Resilient Through Tumultuous Periods Resilience has become the foreword for the industry since the banking crisis of 2008/2009, as industry players shrugged off the recession in 2016/2017 […]
