Tag
NIGERIAN BANKS
News and stories about Nigerian banks
Nigerian banks are currently pushing their customers to come and link their NIN and BVN as the March deadline fixed by the CBN approaches.
As the value of the naira erodes on an almost daily basis, economists warn that the trend will affect the savings culture of Nigerians, and ultimately, impact the economy negatively.
The Central Bank of Nigeria (CBN) has released a new circular addressing suspected cases of excessive foreign currency speculation from Nigerian banks.
Nigerian banks will deduct the backlog of EMTL on old foreign currency transactions carried out by Nigerians on January 31, 2024.
After the CBN governor gave a hint on the recapitalization exercise for Nigerian banks, talks have been raised about the capital bases of Nigerian banks.
Nigerian banks continued to leverage fintech in the nine months of 2023, generating a total revenue of N265.269 billion from their electronic businesses
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 fuel subsidy removal.
In a move aimed at bolstering the financial stability of one of Nigeria's key energy companies, ten Nigerian banks have joined forces to restructure Oando PLC's Medium-Term Loan.
The Nigeria Inter-Bank Settlement System (NIBSS) has stated that banks in the country have lost about N9.5 billion so far in 2023.
Nigerian banks sacked 15 of their staff members between January and March this year for using their access to perpetrate fraud.
Ten banks paid N227.3 billion to AMCON as sector resolution cost in 2022, led by Access Bank, Zenith Bank, and UBA.