Tag: Banks

Bank recapitalisation raises N1.682trn via e-Offering – SEC

Dr. Emomotimi Agama, the Director-General of the Securities and Exchange Commission (SEC),

Kayode Ogundele Kayode Ogundele

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

Kayode Ogundele Kayode Ogundele

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

Adebisi Aikulola Adebisi Aikulola

CBN to sanction banks, BDCs for rejecting old, lower dollar denomination

The Central Bank of Nigeria (CBN) has threatened to sanction banks and

Kayode Ogundele Kayode Ogundele

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

Friday Ajagunna Friday Ajagunna

Banks’ loans to private sector dropped by nearly N10trn in March – CBN

The Central Bank of Nigeria (CBN) has disclosed that banks reduced loans

Kayode Ogundele Kayode Ogundele

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)

Adebari Oguntoye Adebari Oguntoye

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

Adebisi Aikulola Adebisi Aikulola

Notify customers before debt recovery moves, CBN tells banks

The Central Bank of Nigeria has instructed regulated entities to provide customers

Adebisi Aikulola Adebisi Aikulola

Banks, others pay N200m penalties for data breaches

Not less than seven banks and other institutions have paid over N200m

Friday Ajagunna Friday Ajagunna