Nigeria Deposit Insurance Corporation (NDIC) has warned members of the public against carrying out any transactions with the 46 microfinance banks whose operating licences...
United Bank for Africa (UBA) Plc, Africa’s Global Bank, has rewarded thousands of customers with over ₦400 million in anniversary bonuses under its flagship...
Providus Bank and Unity Bank have completed their business combination and will commence operations as a single unified institution following the conclusion of all...
National Vice Chairman (South-West) of the Labour Party, Mr Abayomi Arabambi, has demanded a public retraction, apology and N50 billion in damages from the...
The Federal Government has condemned the killing of two Nigerian nationals, Emeka Charles Iroegbu and Musa Joe, popularly known as Big Joe, in South...
Umaru Ibrahim, immediate past managing director and chief executive officer, Nigerian Deposit Insurance Association (NDIC), has said that some Nigerian banks failed because of...
Prince Akamadu, chairman, Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN), has said that the recent directive by the Central Bank of...
Operators of Point of Sale (PoS) have increased their charges by 100 per cent for all transactions, following the scarcity of naira notes. According...
Foremost financial institution, Union Bank of Nigeria, has reiterated its commitment to providing easy access to capital for Small and Medium-sized Enterprises in the...
Federal Government recorded N1.54tn fiscal deficit in July and August 2023, figures from the Central Bank of Nigeria have revealed. According to CBN’s monthly...
Polaris Bank, Nigeria’s leading digital retail Bank has pledged to support the development of high-impact sectors including road infrastructure, housing, education, healthcare and agro...
Ahead of the festive period, The Alternative Bank is offering customers an innovative financial product designed to enhance the holiday experience. This pioneering solution...
Some banks with international authorisation have a capital adequacy ratio below the regulatory threshold, according to Central Bank of Nigeria (CBN). The banking regulator...