In the last five years, the banking sector has attracted $15.8 billion in Foreign Direct Investment (FDI)
The Central Bank of Nigeria (CBN) has now increased the minimum interest rate payable on savings deposits from 0.15% to 4.2%
The Central Bank of Nigeria (CBN) has said the assets of Nigerian banks grew by N11.15 trillion to N64.32 trillion in the 12 months ended in...
The number of unbanked adults in Nigeria continues to decline as the Federal Government through the Central Bank of Nigeria (CBN) intensified financial inclusion efforts.
The Nigeria Deposit Insurance Corporation (NDIC) Managing Director, Mr. Hassan Bello has stated that Covid 19 posed the ultimate test of resilience to the financial system...
The management of Guaranty Trust Holding Company Plc (GTCO Plc) announced the bank’s payment subsidiary, HabariPay Limited has received final approval from the Central Bank of...
The Central Bank of Nigeria (CBN) has said credit to the private sector rose to N37.13tn as of April 2022 as banks increase lending to the...
The Central Bank of Nigeria has said the enforcement of Section 3.1 (a) of the extant guidelines on Credit Risk Management System (CRMS) that captures the...
Jubilation erupts as the bank representatives received a judgment in their favour as the National Industrial Court ordered the Central Bank of Nigeria (CBN) and the...
The Nigerian Microfinance Bank (MFB) subsector has been assigned a financial institutions risk score of 3.0, 0.5 below the 3.5 assigned for Nigerian Deposit Money Banks...