Nigerian Banks

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… Read More

1 month ago

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. Read More

4 months ago

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%… Read More

4 months ago

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… Read More

6 months ago

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… Read More

10 months ago

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… Read More

11 months ago

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… Read More

1 year ago

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)… Read More

1 year ago

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… Read More

1 year ago

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… Read More

1 year ago

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