CBN: MfBs in 774 Local Councils Coming The Central Bank of Nigeria (CBN) yesterday said it plans to establish Microfinance Bank (MfBs) in all the 774...
Currency in Circulation Drops N189.33bn in January The total currency in circulation fell by N189.33 billion from N2.329 trillion recorded in December 2018 to N2.139 trillion...
Sterling Bank Reaffirms Pledge for Sustainability Sterling Bank Plc, has become a participatory member of the United Nations (UN) Global Compact, the world’s largest sustainability initiative,...
Banks Lose N25b to Fraud in Five Years, Says CIFIAN Banks in Nigeria may have lost about N25 billion to fraudulent activities in the last five...
Skye Bank Chairman Tunde Ayeni Took N17.5bn Cash in One Year The Economic and Financial Crimes Commission has accused, Mr Tunde Ayeni, the chairman of the...
Cheque Transactions Decline as Electronic Payments Surge The size of cheques cleared in the Nigerian banking sector declined as more bank customers adopt electronic payments for...
BVN: Banks Linked 36.8 Million Accounts Banks across the country have linked 36.8 million bank accounts to the Bank Verification Number as of February 17, 2019,...
Are Banks Taking Advantage of Graduates? Contract Staff Jumps to 43% in Q4 2018 The numbers of contract staff within the banking sector continue to rise...
Banks: Capital Adequacy Ratio Improves to 15.26% The Central Bank of Nigeria (CBN) has disclosed that the Capital Adequacy Ratio (CAR) of commercial banks in Nigeria...
Corporate Green Bond: Access Bank to Issue First in Africa Access Bank Plc has announced it will issue the first corporate green bond in Africa. The...