Banking

The Nigeria Deposit Insurance Corporation (NDIC) has provided an update on its efforts to reimburse depositors of the defunct Heritage...

The Central Bank of Nigeria (CBN) has released a new circular providing clear guidelines on the procedures and documentation required...

In a significant move to stabilize Nigeria's financial sector, the Central Bank of Nigeria (CBN) has approved a N700 billion...

In the first half of 2024, five Nigerian banks collectively reported foreign exchange gains amounting to N67.89 billion. This represents...

The Nigerian banking sector has experienced a significant boost in customer deposits, reflecting renewed confidence in the industry during the...

United Bank for Africa (UBA) has emerged as the most visited banking website in Nigeria, according to recent data from...

Leading Nigerian banks are making significant moves to raise N1.26 trillion in compliance with the Central Bank of Nigeria’s (CBN)...

In a startling revelation, Interpol has announced that millions of dollars are laundered out of Nigeria every hour, highlighting the...

In response to recent directives from the Central Bank of Nigeria (CBN) concerning dormant accounts, numerous bank customers flooded their...

The Securities and Exchange Commission (SEC) has approved a 14-day extension for Fidelity Bank’s combined offer, which was initially set...