Banking

The Central Bank of Nigeria (CBN) has announced that 20 deposit money banks (DMBs) have fully complied with the new...

The Nigeria Deposit Insurance Corporation (NDIC) has announced a second liquidation dividend of N24.3 billion for distribution to former customers...

A high-stakes legal showdown is unfolding in Abuja as Nigeria’s top financial regulators move to shut the door on a...

Financial institutions across Nigeria are intensifying efforts to cultivate sustainable, non-interest income streams, as the extraordinary foreign exchange revaluation gains...

Ah, Detty December. That glorious time of year when the Harmattan wind starts whispering promises of owambe parties, asoebi outfits...

Central Bank of Nigeria Governor Olayemi Cardoso on Tuesday revealed that the apex bank has recovered roughly N2 trillion from...

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has announced that 16 commercial banks have successfully...

The naira ended the week on a softer note, depreciating by nearly 1% against the U.S. dollar in the official...

The Central Bank of Nigeria (CBN) has officially declared Zuldal Microfinance Bank Limited an illegal entity, stating that it has...

The country’s largest commercial banks—Access Holdings, United Bank for Africa, Guaranty Trust Holding Company, Zenith Bank, and First Bank Holdings...