The Nigerian banking industry’s average net liquidity decreased to N300.68 billion in August 2023, from N562.04 billion in the preceding...
LAPO Microfinance Bank Limited, a leading microfinance institution in Africa, has disbursed a cumulative of N1.4 trillion micro credits to...
…set for expansion, introduces innovative banking solutions Alert Microfinance Bank, a Central Bank of Nigeria (CBN)-licensed deposit-taking institution, on Tuesday,...
The Central Bank of Nigeria (CBN) said the Nigerian banking industry remains resilient as key financial soundness indicators were within...
The National Pension Commission (PenCom) said it had recovered N12 billion in pension contributions from failed bank employees, yet to...
FBN Holdings, one of Nigeria’s oldest banks, reached a market capitalization of N1.06 trillion on Wednesday. This milestone follows a...
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN) has approved the Bank’s reviewed Service Charter. The Service Charter...
Nigerians have taken to social media to express their mixed reactions to the Central Bank of Nigeria’s (CBN) latest directive...
Nigeria’s fintech sector is booming, but so is fraud. And when fintech companies are involved, it’s becoming difficult to resolve...
Parallex Bank, a financial services provider in Nigeria unveiled its new branch in Lekki Lagos on Wednesday and plans to...
The Central Bank of Nigeria (CBN) has unveiled a new online platform for the submission of microfinance bank (MFB) licence...
The naira has depreciated by about 60 percent against the US dollar in the past few months, and Nigerian banks...