Tag: banks

Fitch Ratings has raised concerns over the growing risks faced by Nigerian banks, citing their heavy reliance on government debt ...

Ten commercial banks listed on the Nigerian Exchange (NGX) have collectively incurred N3.77 trillion in loan impairment charges from 2023 ...

On June 4, 2025, data from the Central Bank of Nigeria (CBN) revealed that commercial banks’ deposits with the apex ...

The Nigerian Communications Commission (NCC) has authorized mobile network operators, including MTN, Airtel, Globacom, and 9mobile, to disconnect the USSD ...

In a move to ease cash availability, Deposit Money Banks in the Federal Capital Territory have raised their maximum over-the-counter ...

In a notable financial turnaround, six prominent Nigerian banks have reported substantial increases in pre-tax profits for the first half ...

In a remarkable turn of events, Nigerian banks experienced a substantial decrease in financial fraud losses during the first quarter ...

In a remarkable trend reflective of the robust nature of Nigeria's banking sector, commercial banks in the country experienced a ...

Nine financial institutions in Nigeria paid fines totaling N678 million in 2023 for regulatory violations, a significant decrease from the ...

In a recent announcement, the Governor of the Central Bank of Kenya (CBK) revealed plans to raise the capital requirements ...