Banking

In response to a significant fraud and forgery loss of ₦685 million ($594,943) in 2023, Wema Bank, a prominent Nigerian...

Fidelity Bank has announced a significant increase in its proposed dividend payout to shareholders for the 2023 financial year. The...

The restricted deposit held by ten banks with the Central Bank of Nigeria (CBN) surged to N17.1 trillion in 2023,...

United Bank for Africa (UBA) Plc has assured its investors of its capability to meet the new capital base set...

The Nigerian Exchange Limited (NGX) witnessed a second consecutive week of losses, with banking stocks leading the downturn, according to...

First Bank Holding Plc has announced plans to seek shareholders' approval for a capital raise of N300 billion. The decision...

In an effort to tackle excess liquidity within the banking sector, the Central Bank of Nigeria (CBN) has reported a...

In a promising development, the Nigerian naira continued its upward trajectory, marking its highest level against the dollar since its...

The Central Bank of Nigeria (CBN) has unleashed a wave of stringent capital requirements, shaking up the country's banking sector....

In a move that could reshape Nigeria's banking landscape, the Central Bank of Nigeria (CBN) has announced an upward review...