Banking

All the news and updates from the banking sector; Access Bank, GTBank, First Bank, First City Monument Bank, United Bank of Africa etcs

Latest Banking News

Vandalism, others push oil firms’ bank borrowing to N5.68tn

The combined bank borrowing of oil firms operating in the downstream and

Agency Report Agency Report

51 firms drive stock market gain by N500bn

Investors gained N500bn at the end of trading on the floor of

Agency Report Agency Report

Oil theft affecting govt finances, naira stability –MPC member

Massive oil theft, among other challenges, is affecting government finances and threatening

Agency Report Agency Report

Aggrieved customers petition banks over N546bn wrong charges, others

No fewer than 2,256 depositors have lodged complaints on transactions totalling N368.9bn

Agency Report Agency Report

CBN, others partner to close infrastructure deficit, raise $37bn

The Governor, Central Bank of Nigeria, Godwin Emefiele, has said the Infrastructure

Agency Report Agency Report

Four banks record 477,405 unresolved complaints in 12 months –Reports

Within a period of one year spanning January 1 to December 31,

Agency Report Agency Report

Crypto transaction: CBN fines three banks N800m

The Central Bank of Nigeria has imposed an N800m fine on three

Agency Report Agency Report

CBN warns of illegal firms promising outrageous returns

THE Central Bank of Nigeria has warned the public to avoid dealing

Agency Report Agency Report

CBN imposes heavy sanctions on banks over mutilated notes

The Central Bank of Nigeria has expressed concern over the increasing amount

Agency Report Agency Report

Nigeria has over 70 online lending apps – FCCPC

THE Federal Government has said there are about 70 to 90 online

Agency Report Agency Report

Four banks lost N1.77bn to fraud in 2021, says report

Four Nigerian deposit money banks lost a total of N1.77bn to fraudulent

Agency Report Agency Report

Commission freezes over 30 accounts of loan sharks

The Federal Competition and Consumer Protection Commission says it has frozen no

Agency Report Agency Report