Banking and Finance

Customers hit GTB with 1051 suits, demand N427.9bn, $83.96m

Fidelity Bank grants loans to staff at 3.5% but lends to manufacturers at 36%

Shareholders may dump bank stocks on report of Zenith, FirstHoldco, Access dividend payment suspension

FCMB, Rand, Zenith, Sterling, Fidelity, Eco Bank, FBN impose ‘very high’ lending rates on manufacturers

Zenith Bank pays N14.65bn for FX violations, commits 9 other infractions

Zenith Bank charges manufacturers 38.5% for loans but managers continue to get credit at 4%

Again, economists question integrity of National Bureau of Statistics’ inflation, job data

Nigeria’s external reserves are falling fast as CBN supports weak naira