Access Bank Warns Customers Against Falling Victim Access Bank Plc has joined the number of banks advising customers to stay vigilant amid rising cyberfrauds. Mr. Victor...
Banks Start Debiting Debtors’ Other Bank Accounts Deposit Money Banks (DMBs) has commenced the implementation of the new Central Bank of Nigeria’s Global Standing Instruction directive...
COVID-19 Drags Down Barclays’s Profit by 66% in H1, 2020 Barclays Bank, one of British leading banks, on Wednesday said its first half of the year...
Banks Cut Non-Performing Loans to N1.2 Trillion in the First Quarter 2020 The total non-performing loans in the banking sector moderated to N1.2 trillion in the...
Foreign Assets of Banks Surged by 10.2% in Q1, 2020 The Central Bank of Nigeria has said net foreign assets of Nigerian banks rose by 10.2...
Commercial Banks Write Off N1.9trn in Bad Debts Agusto & Co, a credit rating agency, said banks have written off about N1.9 trillion bad loans from...
Access Bank Completes Acquisition of Kenya’s Transnational Bank Access Bank Plc on Monday said it has completed the acquisition of Transnational Bank (Kenya) Plc after obtaining...
The Central Bank of Nigeria on Monday released the guidelines aimed at reducing non-performing loans in the banking sector and monitoring chronic loan defaulters. The CBN...
Bankers’ Committee, CBN to Spend About N25bn on National Theatre The Central Bank of Nigeria and the Bankers’ Committee on Sunday said they plan to spend...
Energy Companies Owe Nigerian Banks N5.59 Trillion -CBN The Central Bank of Nigeria has said energy firms owed banks N5.59 trillion as of May 2020. The...