Urgent reforms needed in Nigeria’s banking sector to avert economic crisis – Experts
Experts have sounded an alarm over the state of Nigeria’s banking sector…
Otedola backs FG’s windfall tax, says banks spend $50m yearly maintaining jets
Femi Otedola, chairman of Geregu Power Plc, has expressed his support for…
CBN to sanction banks, BDCs for rejecting old, lower dollar denomination
The Central Bank of Nigeria (CBN) has threatened to sanction banks and…
CBN asks banks to suspend processing fee on deposits until September 30
The Central Bank of Nigeria (CBN) has suspended charges on cash deposits until September…
Banks’ loans to private sector dropped by nearly N10trn in March – CBN
The Central Bank of Nigeria (CBN) has disclosed that banks reduced loans…
High-interest rate may prevent Nigerian banks from giving credit – KPMG
KPMG Nigeria says the monetary tightening efforts by the Central Bank of Nigeria (CBN)…
CBN unveils new minimum capital requirements for banks, gives 24 months to recapitalise
Days after urging Nigerian banks to expedite action on the recapitalisation of…
Notify customers before debt recovery moves, CBN tells banks
The Central Bank of Nigeria has instructed regulated entities to provide customers…
Banks, others pay N200m penalties for data breaches
Not less than seven banks and other institutions have paid over N200m…
FG approves NIN, debit card merger
Nigerians can now request their commercial banks to provide them with a…
