According to a document by the Monetary Policy Committee of the Central Bank of Nigeria, Deposit Money Banks in Nigeria offered 130,854 new credits worth N947.46bn...
Dr. Adaora Umeoji, the Deputy Managing Director of Zenith Bank Plc, has retired from the bank following the new tenure limits.
In a bid to strengthen its capital base and increase lending to Nigerian Small and Medium Enterprises (SMEs), Wema Bank Plc has announced the issuance of...
Nigeria’s leading financial institution, Zenith Bank Plc has received approval in principle to operate a non-operating Financial Holding Company structure. The bank disclosed this in a...
The figures revealed that the industry's total assets grew by 24.24% or N14.36tn, rising from N59.24tn in December 2021 to N73.59tn during the corresponding period in...
The latest data from the Central Bank of Nigeria (CBN) has indicated that bank loans to the private sector have grown to N42.25tn as at the...
As part of its resolve to increase electronic payment and curb money laundering in Nigeria, Banks will begin the implementation of a no cash withdrawal directive...
Stanbic IBTC Bank has expressed readiness to enhance the cashless policy of the Central Bank of Nigeria with hitch-free digital transactions. Stanbic IBTC bank further called...
The Central Bank of Nigeria (CBN) has revised the regulatory requirements for the tenure of Executive Management and Non-executive Directors (NEDs) of deposit money banks (DMB)...
Deposit Money Banks (DMBs) in Nigeria have announced they will be closing early on Friday, a day ahead of the presidential polls holding nationwide on Saturday....