Banks

Pressure on Nigeria’s Tier-2 banks is intensifying as the Central Bank of Nigeria’s (CBN) March 2026 recapitalisation deadline approaches.New research by SBM Intelligence warns…
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There is panic in the Nigerian banking industry as the Economic and Financial Crimes Commission, EFCC, says it would soon begin the prosecution of some banks’ top officials for aiding…
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There are indications that the Central Bank of Nigeria, CBN has directed banks to trade foreign exchange at any exchange rate in the Investors & Exporters window based on a willing…
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Telecom companies have issued Deposit Money Banks (DMBs) disconnection notice amid a disagreement over Unstructured Supplementary Service Data (USSD) service debt running to over…
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Francis Nwifuru, Ebonyi State governor, has ordered a freeze of all bank accounts operated by the state government.Monday Uzor, chief press secretary to the governor, said the…
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Except for those with verifiable constraints such as lacking supplies from the CBN, Borno State Governor, Professor Babagana Umara Zulum has directed that any bank which refuses to…
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The Central Bank of Nigeria (CBN) has raised the alarm that Financial Technology initiatives or companies popularly called FinTechs will soon start doing better than traditional banks…
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Deposit Money Banks in Nigeria sacked a total 1,936 workers in 2021, according to a report published by the National Bureau of Statistics.The affected members of staff include…
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Turkey’s booming wartime trade with Moscow took a giant step back on Wednesday with confirmation that the last three banks still processing Russian card payments were pulling out under…
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NOVA Merchant Bank, a leading merchant bank in Nigeria will be hosting the 52nd Quarterly General Meeting of the Association of Chief Audit Executives of Banks in Nigeria on Thursday,…
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