Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Financial Services 1 min
Nigerian Banks are resilient, did not fail CAR test – CBN
By David Olujinmi
Appointments 1 min
FirstBank Group announces Olukorede Adenowo as new CEO of FirstBank UK
By David Olujinmi
Financial Services 1 min
Opay, FairMoney, Palmpay, others not affected by the NIBSS circular  
By David Olujinmi
Currencies 1 min
CBN extends timeline for issuance of letters of credit to five working days as FX crisis persists in Nigeria 
By Sami Tunji

More Stories

Financial Services

Non-deposit financial institutions to be taken down from fund transfer channels – NIBSS 

Financial Services

Nigerian banks are on track to beat their profit margin outlooks for 2023 

Breaking News

CBN to “PND” any bank account or wallet without BVN/NIN from 2024

Financial Services

NDIC mulls increments in depositors’ insurance compensation to reflect impact of macroeconomic developments 

Financial Services

Customers of liquidated banks unwilling to repay N400 billion debts – NDIC

Currencies

Old naira notes: CBN affirms Supreme Court’s ruling, directs banks in Nigeria to comply 

Currencies

Old naira notes to remain legal tender until further notice, Supreme Court rules 

Budget

AfDB approves $80 million for Ekiti knowledge zone project 

Company News

FCMB achieves 108% year-on-year profit growth in nine months of 2023 

Financial Services

Nigerian banks “are sound” as CAR rise to 14.2% – CBN