Deposit Money Banks engaging in illegal sales of mint naira notes to money hawkers for profits may need to desist from this illegal operation or risk...
As the yuletide season nears, Nigerian banks will need to curb their practice of selling cash to hawkers at parties as the Central Bank of Nigeria...
The newly sworn in Governor of Edo State, Senator Monday Okpebholo, has ordered commercial banks to freeze all state-owned bank accounts with immediate effect pending the...
Some customers have accused first-generation banks in Anambra State of hoarding cash to maximise profits during the yuletide season. They said the attitude has been boosting...
The Nigeria Deposit Insurance Corporation (NDIC) has issued fresh directives to customers of the defunct Heritage Bank who are yet to receive the refund of their...
Nigerian banks have recorded N21 trillion in deposits during the first quarter of 2024, according to the Central Bank of Nigeria (CBN). Over the past 15...
Access Holdings Plc, a leading financial institution, has recently vested approximately 23.81 million shares valued at over N420 million to its directors. The share vesting process,...
Stanbic IBTC Holdings, one of Nigeria’s leading financial institutions, is set to raise a total of N550 billion through a combination of debt issuance and a...
Changes in the economic landscape following fuel subsidy removal and escalating living costs have bolstered Nigerian banks’ personnel expenses by N589.88 billion in the first nine...
In a strategic move to adhere to the Central Bank of Nigeria’s (CBN) regulatory requirements, the country’s Deposit Money Banks (DMBs) and merchant banks have collectively...