Nigerian bank customers have expressed support for the Central Bank of Nigeria (CBN) imposing fines on banks that fail to…
Browsing: banks
The combined market capitalization of eight leading Nigerian banks has surged to ₦7.2 trillion, reflecting increased investor confidence and strong…
The Federal Competition and Consumer Protection Commission (FCCPC) has announced plans to sanction banks in Nigeria for recurring service disruptions…
In 2023, eleven Nigerian banks incurred a total of N575.168 billion in taxes, marking a significant 175% increase compared to…
About 150 banks have expressed interest in participating in the lending ecosystem for the newly launched Consumer Credit Scheme. This…
The Federal Government said on Wednesday it had made significant progress in discussions with Development Finance Institutions to establish a…
Financial analysts have stressed that Nigeria requires a cumulative 750 basis points interest rate hike implemented over the last three…
Amidst challenges in the foreign exchange market and a potential fresh decline in the value of the naira, Nigerian banks…
After the CBN governor dropped hints about an upcoming recapitalization exercise for Nigerian banks, discussions have intensified regarding the capitalization…
In the initial nine months of 2023, Nigerian banks continued to harness the power of fintech, reporting a substantial total…