Category: Banking

NDIC reimburses depositors of 179 disolved banks

The Nigeria Insurance Corporation stated that depositors of four mortgage banks and 179 resting microfinance...

CBN to meet with foreign investors today

By Alex Omenye   The Central Bank of Nigeria Governor, Yemi Cardoso, is scheduled to...

CBN prepares tough financial sanction for banks

In order to lower violations in the nation’s financial sector, the governor of the Central...

UBA vows to draw capital to ECOWAS mining industry

The Economic Community of West African States and United Bank for Africa Plc have committed...

Naira is already stabilizing, says FG

The foreign exchange market is witnessing a rise in inflows and the naira is stabilizing,...

Standard Chartered initiates $1bn share buyback

Standard Chartered revealed a $1 billion share buyback program on Friday, concurrently expressing CEO Bill...

Nigerian banking malware attacks rise by 8% – Report

Kaspersky’s recent statement illuminates the cybersecurity landscape in Africa, highlighting a troubling trend in Nigeria...

FX Crisis: NSA, CBN, others to target speculators

Under the leadership of the Office of the National Security Adviser, Nuhu Ribadu, and the...

Nigerian bankers move to curb japa

To address the prevalent issue of migration, colloquially known as “japa,” in Nigeria, the regulatory...

Naira plunges to record low against pounds

Melvin Onwubuke   Nigerian naira plunges further to a record low of N2040 to one...

PenCom recovers N25.45bn unremitted contributions

By Melvin Onwubuke   The National Pension Commission has made huge progress in ensuring compliance...

Naira falls as banks’ dollar sales drop by $252m

Dollar sales at the Nigeria Autonomous Foreign Exchange Market on Friday decreased by $252 million...

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]