Customer Complaints Soar by 117% at Nigerian Banks, Reaching N326.11bn in Claims
Customer complaints registered with five leading Nigerian banks have surged by a staggering 117 percent year-on-year, as of June 2023, ...
Tag: Nigerian banks
Banks Non-Performing Loans hits N1.5 Trillion, Central Bank Reports
Banks in Nigeria have been actively writing off debts and debiting accounts of non-cooperative debtors from other banks, in a ...
GTCO, FBN, FCMB, and Fidelity Bank Non Performing Loan Hits N413 Billion in H1 2023.
Nigeria's banking sector, Guaranty Trust Bank Holding Plc (GTCO), FBN Holdings Plc, FCMB Group Plc, and Fidelity Bank Plc have ...
First Bank, Ecobank, 4 Others Generate N891bn from Loan to Customers in H1 of 2023
Nigerian Banks Record 47% Increase in Loans Amid Regulatory Measures In a notable development, six major Nigerian banks collectively reported ...
Banks Release $533.48 Million for Foreign Education through Central Bank of Nigeria.
In a bid to cater to the increasing demand for foreign education, Nigerian banks have disbursed a total of $533.48 ...
CBN Mandates Approval from Central Bank for Acquiring 5% Stake in Nigerian Banks
In a bid to enhance corporate governance and safeguard the interests of shareholders in Nigerian banks, the Central Bank of ...
Cybercriminals Pilfer Funds from More Than 1000 Nigerian Bank Accounts Using BVN-linked Numbers.
The Nigeria Police Force (NPF) has announced the successful arrest of two suspects believed to be part of a criminal ...
Nigerian Banks Pay N1.39 Billion to Auditing Firms in Q1 2023
Seven commercial banks listed on the Nigerian Exchange Group have collectively paid a total of N1.39 billion to auditing firms ...
Rising AMCON Expenses Pose Future risk for Nigeria’s Banking System.
The escalating expenses incurred by Nigerian banks for the Asset Management Corporation of Nigeria (AMCON) and deposit insurance premiums in ...
Nigerian Banks to Demand Tax Clearance Certificate Before Customers Can Buy Dollars, Other Foreign Currencies
Nigerian banks have implemented a new requirement for customers engaging in foreign exchange transactions. Customers are now mandated to present ...
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