Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Banking 1 min
CBN revises dormant account guidelines, drops affidavit requirement
By Tobi Tunji
Banking 1 min
CBN sets N20,000 transaction limit for new mobile banking app activations
By Samson Akintaro
Banking 1 min
CBN tightens BVN rules, introduces fraud watchlist for banking customers
By Kelechi Mgboji
Banking 1 min
CBN says banks may raise additional capital after stress tests
By Samson Akintaro

More Stories

Banking

CBN to restrict banking services to all non-performing bank debtors

Financial Services

Nigeria’s Banks place N7 trillion excess cash on CBN’s deposit facility

Financial Services

Meet the women shaping Nigeria’s insurance industry  

Bank Recapitalization

Parallex Bank completes recapitalisation, surpasses N50 billion threshold

Banking

CBN cracks down on money laundering with new rules 

Banking

Sterling Bank system glitch: Court orders final forfeiture of stolen N81.1 million

Appointments

Jaiz Bank names Omolara Ismail Executive Director to drive retail growth

Bank Recapitalization

FCMB meets CBN capital requirement after completing N500bn recapitalisation

Health

Health insurance coverage in Nigeria rises to 21.7m in 2025- Report 

Bank Recapitalization

CBN: 30 banks meet recapitalisation threshold as verification continues