Banking, Insurance and general financial services news
CBN raises interest rates for deposits it gets from commercial banks to 26.5% from 19%
GTBank admits challenges in core banking transition, apologizes to customers
CBN sets new guidelines for FX trading via EFEMS, mandates $100,000 minimum trade
No going back on orthodox monetary policy, CBN governor says
Concerns as fraudsters increase attacks on banks, N115.9 billion on target in Q3 2024
Access Bank debunks allegation of missing N500 million customer’s funds
NDIC goes after debtors of Heritage Bank, vows to pay uninsured depositors, creditors
Nigerian fintechs need to stop free services and focus on profitability—Stanley Jacob
Police exit from contributory pension scheme will destabilize Nigeria’s financial system – PenOP
CBN refutes allegations of withholding foreign currency transfers
CBN alerts Nigerians on fraudulent contracts and financial intervention schemes