Nigerian Banks' Profit Surge: A Win for Shareholders - Nigerian banks have given their shareholders a reason to celebrate. As per a recent analysis by BusinessDay, a surge in interim dividends ...
CBN's New Directive on FX Revaluation Gains: What It Means for Nigerian Banks - The Central Bank of Nigeria (CBN) recently issued a directive that has been a hot topic of ...
Aggrieved depositors petition banks over N546bn illegal charges, others - No fewer than 2,256 depositors have lodged complaints on transactions totalling N368.9bn and $428.7m (N177.05bn) on their accounts against their banks ...
Chinese-owned banks to establish operations in Nigeria - Chinese Ambassador to Nigeria, Cui Jianchin, has said he is in talks with Chinese-owned banks to establish operations in Nigeria to boost Nigeria’s ...
How agency banking is helping Nigerian Banks cut operation cost - It is a win-win situation for banks and their customers when banking services are brought closer to the grassroots. That ...
Tier 1 Nigerian banks post strong earnings - It’s yet another strong showing by three of Nigeria’s leading banks, United Bank for Africa (UBA), Guaranty Trust Holding Company Plc and Fidelity ...
CBN warns banks against FX malpractice, threaten sanctions - Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has warned that banks involved in any form of foreign exchange (FX) malpractice ...
Nigerian Banks’ e-Banking Income Drops 27.3% despite High Transactions - A new report by Agusto & Co. Limited has shown that in the 2020 fiscal year, the banking industry in Nigeria ...
Eight Nigerian Banks Lose N1.9bn To Fraud In One Year - Eight deposit money banks in Nigeria lost a total of N1.9bn as a result of fraudulent incidents last year, data ...
Nigerian banks’ profits drop by N482b as CBN restricts N9.5tr deposits - Twenty commercial banks and five merchant banks’ profits dropped by N482 billion in 12 months over N9.5 trillion cash ...
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