A stress test conducted by a Dubai-based international investment bank, Arqaam Capital, has indicated that seven Nigerian banks are undercapitalised...

The Federal Government has reached agreement with the World Bank Group and other development partners for the release of 1.3...

Customers who lose money to fraudsters through the mobile money-driven Unstructured Supplementary Service Data (USSD) banking will be reimbursed by...

Fifty customers owe commercial banks the sum of N5.23tn, representing 33.4 per cent of the total private sector credit exposure...

The Nigeria Deposit Insurance Corporation (NDIC) has reassured Nigerians that the Deposit Money Banks are healthy despite recession, saying that...

By Obinna Chima The Central Bank of Nigeria’s (CBN) Financial Stability Report (FSR) has revealed that in terms of size...

The House of Representatives on Thursday resolved to investigate the N65 being charged customers by commercial banks for Automated Transaction...

Managing Director/CEO of Guaranty Trust Bank plc; Segun Agbaje has emerged the 2016 Ai Socially Responsible Investment (SRI) 30 CEO...

Ecobank Transnational Incorporated (ETI), yesterday announced the appointment of Greg Davis as its Chief Financial Officer, and Group Executive, Finance....

Although Nigerian banks are contending with the effects on earnings of weak oil prices, shortages of US dollars, devaluation of...