Jaiz Bank Shareholders to Get First Dividend Next Year Barring any unforeseen contingencies, shareholders of Jaiz Bank Plc will receive their first-ever dividend from the bank...
60% of Nigerians Lack Access to Finance –NDIC Nigerians still do not have access to finance despite the proliferation of commercial banks in the country over...
GTBank Branches to Close Early on Friday Guaranty Trust Bank (GTBank) Plc, one of Nigerian leading financial institutions, announced its plan to close early on Friday,...
CBN to Embark on Another Recapitalisation Program In a move to reposition Nigerian banks among global counterparts, the Central Bank of Nigeria on Monday announced it...
Banks’ Capital Adequacy Ratio Rises to 15.60% The Capital Adequacy Ratio (CAR) of commercial banks improved from the 15.14 per cent it was as of February...
Nigeria Banking Outlook Stable, Says Moody’s Investors Global rating agency, Moody’s Investors is keeping its outlook on the Nigerian banking system stable to reflect its resilient...
Instant Bank Transfers Rise to N41.48tn in Five Months The value of transactions via the Nigeria Interbank Settlement System Instant payment system rose to N41.48tn in...
NIPOST, Fidelity Bank Deploy Banking Service to 266 Rural Communities The Nigeria Postal Service and Fidelity Bank Plc on Thursday entered into a collaboration to deploy...
Banks Begin Disbursement of Creative Industry Intervention Fund The Bankers Committee of the Central Bank of Nigeria on Thursday said it was set to commence the...
Union Bank Shareholders Okay N54.4bn Share Premium Reduction Shareholders of Union Bank of Nigeria Plc have approved the proposed reduction of N54.4bn from the bank’s share...