Defunct Skye Bank’s Directors Being Probed for Insider Abuse, Others — NDIC The Nigeria Deposit Insurance Corporation and the Central Bank of Nigeria are monitoring the...
NSE Fines Eight Banks N102 Million The Nigerian Stock Exchange has fined eight banks a total of N102.7 million for failing to file their financial results...
Failed Banks: NDIC Assures Depositors of Full Compensation The Managing Director, Nigeria Deposit Insurance Corporation, Mr Umaru Ibrahim, has said that it will soon commence claims...
Nigerian Banks Must Reform to Survive Fintech Revolution – Osinbajo The Vice-President, Prof. Yemi Osinbajo, has stressed the need for banks in the country to carry...
CBN Warns On Impending Threats In The Banking Sector The Deputy Governor, Corporate Service Department of the Central Bank of Nigeria (CBN), Mr Edward Adamu in a...
Banks Lost N12bn to Robbery, Fraud in Six Months – CBN Losses recorded by banks from armed robbery cases and other criminal activities perpetrated by members...
NIRSAL Facilitates N85.5bn from Banks to Agric Sector The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending says it has facilitated a total amount of N85.5bn...
Chinese Bank Mulls Buying African Infrastructure Debts African governments could get access to more Chinese debt if a plan by a leading Chinese banking conglomerate to...
Publishing Debtors’ List Will Enhance AMCON’s Debt Recovery, Say Experts The recent publication of list of debtors by the Asset Management Corporation of Nigeria (AMCON) has...
Foreign Investment Falls as Two Global Banks Leave Nigeria The Hongkong and Shanghai Banking Corporation (HSBC) and the United Bank of Switzerland (UBS), have closed their...