According to a circular from the Nigeria Interbank Settlement System Plc (NIBSS), banks in Nigeria have been directed to take...
Read moreAs per the financial reports spanning January to September 2023, Nigerian banks are poised to surpass their anticipated profit margins...
Read moreThe central bank has announced that all bank accounts without BVN and NIN will be placed on “Post no Debit”...
Read moreNDIC is preparing to increase the maximum deposit insurance coverage to account for the effects of recent economic changes.
Read moreThe Nigeria Deposit Insurance Corporation (NDIC) has said it is recovering over N400 billion from debtors of liquidated banks, who...
Read moreThe Central Bank of Nigeria (CBN) has affirmed the Nigeria Supreme Court’s ruling on Wednesday that the Old Naira notes...
Read moreThe Nigeria Supreme Court ruled on Wednesday that the Old Naira notes will remain legal tender of the country till...
Read moreThe African Development Bank (AfDB) Group has approved an $80 million loan to fund the Ekiti Knowledge Zone project in...
Read moreFCMB Group Plc posted a pre-tax profit of N55.1 billion in the nine months ending September 2023, marking a year-on-year...
Read moreIn a recent statement coinciding with discussions on a new round of bank recapitalization, the Central Bank of Nigeria (CBN)...
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