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…
No major fraud committed without connivance of bank officials, says EFCC
The Economic and Financial Crimes Commission (EFCC) says there is no major…
Naira scarcity: Lagos vows to shut down banks that reject old naira notes
Lagos State Governor, Babajide Sanwo-Olu, has directed residents of the State to…
FG says bank branches in Lagos, FCT, Ogun can open from Monday
The presidential task force on COVID-19 says bank branches in Lagos, Ogun…
COVID-19: Banks to run skeletal services during 14-day lockdown
The Central Bank of Nigeria (CBN) and ministry of finance, budget and…
NDIC liquidates 425 banks in 32 years
The Nigeria Deposit Insurance Corporation has carried out liquidation activities on 425…