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....
The Central Bank of Nigeria’s (CBN) cashless policy, which aims to reduce the amount of cash in circulation, has faced challenges due to unreliable digital banking...
FBN Holdings, a leading financial institution in Nigeria, has come out to dismiss a fake report circulating online that it released N400 billion new notes to...
Kaduna State Governor Nasir el-Rufai has accused the Central Bank of Nigeria (CBN) of withdrawing N2 trillion from circulation and replacing it with only N400 billion,...
