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…
Banks brace for inflow surge to meet new capital requirements
Credit rating agency, Agusto and Co. have forecasted that up to N4…
Nigerian banks, others borrowed N30.45tn from CBN in Q1 2024 – Report
Nigerian banks and merchant banks in the first quarter of this year,…
CBN raises commercial banks capital base to N500bn
Nigeria's Central Bank has raised the capital base of commercial banks with…
FG orders banks to deduct stamp duty charges on loans
The Federal Government has directed commercial banks in the country to henceforth…
Top female MDs, CEOs in Nigerian banks
Nigeria's financial sector is undergoing a revolutionary change, and nine remarkable women…
New year: Banks to close early on Friday
Juliet Buna Financial institutions have said customers have been 8 am and…
Banks record N72bn from account maintenance
In the first half of 2023, account maintenance fees brought in N72.723…