Nigerian Banks

Recapitalisation: Minimize Disruptions To Banking System, Economy, CPPE Urges CBN

Recapitalisation: Minimise Disruptions To Banking System, Economy, CPPE Urges CBN

CBN has been advised to ensure that the proposed recapitalisation of banks in the country should be done in a manner that would minimise shocks and disruptions to the banking system and

Victor Ezeja

3 weeks ago

NGX Sees 7th Day Of Losses, N304bn Equity Drop, FBN's SWOOT Exit

Business·Markets

Nigerian Banks’ Stocks Surge As Market Capitalization Hits N45trn Mark

Nigerian Exchange Limited witnessed an unprecedented surge, propelling the market capitalization to cross the monumental N45 trillion mark.

Emmanuel Ochayi

4 months ago

Business

Nigerian Banks Rely More On Liquidity, As Borrowing From CBN Rises To N19.8trn

In 2023, commercial and merchant banks in Nigeria increasingly sought liquidity from the Central Bank, with borrowing soaring by 32.07% to N19.81 trillion

Emmanuel Ochayi

4 months ago

Business·Latest News

NDIC Announces N61.63bn Payout To Failed Banks’ Stakeholders

The Nigeria Deposit Insurance Corporation (NDIC) plans to disburse N61.63 billion as liquidation dividends to depositors, creditors, and shareholders of 20 liquidated banks.

Emmanuel Ochayi

5 months ago

Finance & Economy

Bank Sort Codes In Nigeria – How To Find Them

In Nigeria, bank sort codes play a crucial role in facilitating seamless and accurate financial transactions. They serve as unique identification numbers assigned to each bank branch, ensuring that transfers and transactions

Somto Bisina

9 months ago

Opinion

Fintechs, Financial Inclusion And Regulatory Challenges

The meteoric expansion of Nigeria’s financial services industry and the evolving nature of modern banking in the last ten years due to the rapid advancement of technology has led to unexpected regulatory

Etim Etim

11 months ago

Polaris Bank Media Seminar: Expert Calls For More Training On Investigative Journalism

Business·Latest News

Polaris Bank Seeks To Deploy Low-cost Digital Solutions

Polaris Bank has forged new partnership to deploy low-cost digital solutions on a much more secured platform, in what the bank says will make “customer acquisition and digital onboarding seamless.” A renewed

Editor

1 year ago

GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks In H1

Business·Insights

Why FCMB, GTBank, Access, Stanbic IBTC CEOs Seek HoldCo Structure, To Stay More

The Nigerian banking industry is in the season of transition from a core banking operation to a Holding Company (HoldCo) structure. Out of 15 commercial banks operating in Nigeria, at least seven

Fakoyejo Olalekan

1 year ago

Business·Insights

Bank Investors Earn N248.68 billion Amid Naira Scarcity Caused By CBN’s Policy

The Nigerian banking sector exited the Naira scarcity period unblemished judging by the value of equity investment netted by their shareholders in the first quarter (Q1) of 2023. Prime Business Africa’s analysis

Fakoyejo Olalekan

1 year ago

Business·Insights

How Ghana’s Financial Crisis Affects Zenith Bank, UBA, Lose N76.04bn

Nigerian commercial banks suffered significant losses in Ghana in 2022, over the government’s inability to meet its debt obligations. Prime Business Africa gathered that Zenith Bank and UBA lost N76.04 billion in

Fakoyejo Olalekan

1 year ago

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Recapitalisation: Minimise Disruptions To Banking System, Economy, CPPE Urges CBN

Nigerian Banks’ Stocks Surge As Market Capitalization Hits N45trn Mark

Nigerian Banks Rely More On Liquidity, As Borrowing From CBN Rises To N19.8trn

NDIC Announces N61.63bn Payout To Failed Banks’ Stakeholders

Bank Sort Codes In Nigeria – How To Find Them

Fintechs, Financial Inclusion And Regulatory Challenges

Polaris Bank Seeks To Deploy Low-cost Digital Solutions

Why FCMB, GTBank, Access, Stanbic IBTC CEOs Seek HoldCo Structure, To Stay More

Bank Investors Earn N248.68 billion Amid Naira Scarcity Caused By CBN’s Policy

How Ghana’s Financial Crisis Affects Zenith Bank, UBA, Lose N76.04bn

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