New CBN Circular aims to curb Banks’ forex speculation, issues guidelines to stop it
The Central Bank of Nigeria (CBN) has released a new circular addressing suspected cases of excessive foreign currency speculation from ...
News and stories about Nigerian banks
The Central Bank of Nigeria (CBN) has released a new circular addressing suspected cases of excessive foreign currency speculation from ...
Nigerian banks will deduct the backlog of EMTL on old foreign currency transactions carried out by Nigerians on January 31, ...
After the CBN governor gave a hint on the recapitalization exercise for Nigerian banks, talks have been raised about the ...
Nigerian banks continued to leverage fintech in the nine months of 2023, generating a total revenue of N265.269 billion from ...
Nigerian banks continued to harness fintech in H1 2023, reaping a substantial N192.010 billion in revenue from electronic ventures.
The Infrastructure Bank is set to provide financial assistance to the tune of N13billion to mitigate the consequences of the ...
In a move aimed at bolstering the financial stability of one of Nigeria's key energy companies, ten Nigerian banks have ...
The Nigeria Inter-Bank Settlement System (NIBSS) has stated that banks in the country have lost about N9.5 billion so far ...
Nigerian banks sacked 15 of their staff members between January and March this year for using their access to perpetrate ...
Ten banks paid N227.3 billion to AMCON as sector resolution cost in 2022, led by Access Bank, Zenith Bank, and ...
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