Financial Services

The Central Bank of Nigeria (CBN) has firmly denied allegations suggesting that it plans to revoke the licenses of three...

Ten commercial banks in Nigeria contributed a total of N33.7 billion to the Nigeria Information Technology Development Fund (NITDEF) in...

The Nigeria Deposit Insurance Corporation (NDIC) has said that it has started the liquidation process of Heritage Bank Plc following...

The Central Bank of Nigeria (CBN) has lifted its ban on OPay, Moniepoint, Kuda, Palmpay, and Paga, clearing the way...

The Central Bank of Nigeria (CBN) has revoked the licence of Heritage Bank Plc with immediate effect.

Intense public outcry and mounting pressure from various stakeholders have compelled the National Assembly to suspend the proposed amendments to...

After an impressive financial performance in 2023, banks have continued to record impressive figures in the first quarter of the...

Commercial banks spent a total of N799.8 billion on staff salaries in 2023, representing a 44.3% increase when compared to...

The Management of First City Monument Bank (FCMB) has disclosed plans to raise N150 billion between now and September 2024....

The Nigerian Senate has introduced a bill to amend the Central Bank of Nigeria (CBN) Act of 2007, proposing a...