CBN suspends application for new intervention loans
The Central Bank of Nigeria has announced a suspension of applications for…
24 banks lose N9.75b in Q2 2023 as fraud rises 277%
Deposit money banks in Nigeria have reported a sharp rise in fraud…
Bank customers get N115bn, $22.7m refund for failed transactions
The Central Bank of Nigeria has said that it received no fewer…
Banks take N11.57tr loan from CBN in six month, says report
The Central Bank of Nigeria (CBN) loaned N11.57 trillion to Deposit Money…
No going back on cashless policy, says CBN
The Central Bank of Nigeria, CBN on Friday said it would continue…
CBN unveils 5-year agenda, targets fresh banks recapitalisation
Godwin Emefiele, governor of the Central Bank of Nigeria, says there are…
Cyber Threat: CBN directs banks’ directors to protect data
Bank directors will henceforth be responsible for the protection and security of…
Magu raises alarm, says some Nigerian banks Weak, may collapse
The Economic and Financial Crimes Commission (EFCC), has raised an alarm over…
Failed banks depositors’ claims on NDIC exceed N100bn
The Nigerian Deposit Insurance Corporation (NDIC) said it has paid more than…
Rumpus in banking system as court grants orders for forfeiture of deposits not linked to BVNs
The Abuja Division of the Federal High Court has granted a request…