Customers stranded as banks yet to start cash payment
Commercial banks in some satellite towns of the Federal Capital Territory (FCT) are yet to start cash payments, leaving customers stranded and frustrated in spite of the Supreme Court…
Browsing Tag
Commercial Banks
Hoodlums attack banks in Lagos
Hoodlums have violently attacked some commercial banks in the Epe area of Lagos State.
The banks including Zenith, Key Stone, First Bank and United Bank for Africa (UBA) have temporarily…
Bank operators tackle CBN on alleged hoarding of new notes
Operators of Commercial Banks in the country have countered the Central Bank of Nigeria (CBN) over claims that the commercial banks have enough naira notes in their kitty but hoarding them.…
Banks fees, commission income rises 18% to N567.2bn in 9 months
Fees and commission income in five tier-one commercial banks rose by 18 percent to N567.2 billion in nine months of 2022 from N480.4 billion in the corresponding period of 2021.
Findings…
Nigerian banks show resilience despite economic downturn – Afrinvest report
Commercial banks recorded a modest improvement in all regulatory indicators despite daunting economic challenges, according to the Afrinvest Banking Sector Report 2022.
The new report,…