Banks

Recapitalisation: Fresh Mergers Loom For Tier-2 Banks As Deadline Nears – Report

Pressure on Nigeria’s Tier-2 banks is intensifying as the Central Bank of Nigeria’s (CBN) March 2026 recapitalisation deadline approaches. New…

11 months ago

Panic, Fear Grip Erring Banks, Officials Over Money Laundering As EFCC Begins Probe

There is panic in the Nigerian banking industry as the Economic and Financial Crimes Commission, EFCC, says it would soon…

2 years ago

Breaking: CBN Directs Banks To Trade Forex At Any Rate

There are indications that the Central Bank of Nigeria, CBN has directed banks to trade foreign exchange at any exchange…

3 years ago

Telcos Issue Banks USSD Disconnection Notice Over Debt

Telecom companies have issued Deposit Money Banks (DMBs) disconnection notice amid a disagreement over Unstructured Supplementary Service Data (USSD) service…

3 years ago

Nwifuru Orders Banks To Freeze All Ebonyi Accounts

Francis Nwifuru, Ebonyi State governor, has ordered a freeze of all bank accounts operated by the state government. Monday Uzor,…

3 years ago

Dispense New Notes Or We Revoke Your Land-Zulum

Except for those with verifiable constraints such as lacking supplies from the CBN, Borno State Governor, Professor Babagana Umara Zulum…

3 years ago

Fintechs May Crash Commercial Banks – CBN

The Central Bank of Nigeria (CBN) has raised the alarm that Financial Technology initiatives or companies popularly called FinTechs will…

4 years ago

How Nigerian Banks Sacked 1,936 Workers In 2021 – NBS

Deposit Money Banks in Nigeria sacked a total 1,936 workers in 2021, according to a report published by the National…

4 years ago

Turkey Bows To Pressure, Cuts Russian Bank Ties

Turkey’s booming wartime trade with Moscow took a giant step back on Wednesday with confirmation that the last three banks…

4 years ago

Nova Merchant Bank To Host Chief Audit Executives Of Banks In Nigeria

NOVA Merchant Bank, a leading merchant bank in Nigeria will be hosting the 52nd Quarterly General Meeting of the Association…

4 years ago

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