Commercial banks spent a total of N799.8 billion on staff salaries in 2023, representing a 44.3% increase when compared to...
Read moreThe Management of First City Monument Bank (FCMB) has disclosed plans to raise N150 billion between now and September 2024....
Read moreThe Nigerian Senate has introduced a bill to amend the Central Bank of Nigeria (CBN) Act of 2007, proposing a...
Read moreThe Central Bank of Nigeria (CBN), under Governor Yemi Cardoso, has increased the monetary policy rate (MPR) by 750 basis...
Read moreNigerian tier-1 banks raked in N392 billion from electronic business in 2023 as more Nigerians embrace cashless transactions.
Read moreThe Nigeria Deposit Insurance Corporation(NDIC) has said it will pay depositors of closed microfinance and primary mortgage banks after recovering...
Read moreThe Central Bank of Nigeria (CBN) has withdrawn its circular mandating banks and payment service providers to collect and remit...
Read moreThe Federal High Court sitting in Lagos has struck out a suit challenging a section of the Central Bank of...
Read moreThe Nigerian Senate has introduced a bill to amend the Central Bank of Nigeria Act 2007, proposing a 900% hike...
Read moreWith a collective asset value nearing N150 trillion across 26 commercial banks, Nigeria's financial sector has witnessed substantial growth, with...
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