Tag: Nigerian banks

The amount of currency circulating outside the Nigerian banking system surged to a new peak of N3.71 trillion in May ...

In a striking display of resilience and profitability, Nigerian banks have kicked off the year 2024 with impressive financial performances, ...

Nigerian bank stocks are experiencing another round of losses as investors grapple with the implications of impending bank recapitalization plans ...

In 2023, Nigeria's leading banks collectively generated N392 billion from electronic business, driven by a shift towards cashless transactions encouraged ...

Nigerian banks faced a challenging April, marked by losses across major banking stocks, coinciding with the first month-to-date decline in ...

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

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 ...

Nigerian banks have embarked on the process of reclaiming loans disbursed to individuals and businesses as part of the COVID-19 ...

Nigeria's banking sector has displayed remarkable resilience and financial strength, with at least six of the top banks in the ...