Banks suffer N42.33bn fraud losses in six months – Report
Banks in Nigeria have reported a significant N42.33bn in fraud-related losses during…
Bank directors urge tax reforms committee to prioritize collaboration
The Bank Directors Association of Nigeria has urged the Presidential Fiscal Policy…
Banks raise withdrawal limit to ₦50,000
Deposit Money Banks in the Federal Capital Territory have raised the daily…
Service disruptions loom as Nigerian banks upgrade systems
Nigerian bank customers are expected to experience increased service disruptions in the…
Insecurity forces closure of five microfinance banks in southeast
A minimum of five microfinance banks in Nigeria’s southeast were shut down…
Banks close 23.3 million customer accounts in July
Commercial and merchant banks in Nigeria closed 23.3 million customer accounts in…
Banks, others shut amid national hunger protest
Banks and other financial institutions across the country will be closed on…
Banks deposits rise 63% to N115tn amid competition from Fintechs
Even in the face of fierce competition from Fintechs, individuals and institutions…
Top five banks in Q1 2024 based on pre-tax profit
Banks have continued to record impressive financial results in the first quarter…
Banks record N438bn from digital transactions in 2023
In 2023, digital banking channels brought in roughly N438bn for 10 financial…
Nigerian banks close two million accounts over inactive BVN, NIN
Commercial banks in Nigeria closed 2.021 million bank accounts in the first…
10 banks operating expenses to hit N3trn
The combined operating expenses of 10 Nigerian banks rose by 42.51 per…