Tag: Central banks of Nigeria

Banking

Moody’s rating downgrades nine Nigerian banks

A global rating agency, Moody’s Investors Service, downgraded nine Nigerian banks after an assessment of Nigerian banks on Tuesday. According to Daily Trust, Access Bank Plc, Zenith Bank Plc, First Bank of Nigeria Limited, United Bank for Africa Plc, Guaranty Trust Bank Limited, Union Bank of Nigeria plc, Fidelity Bank Plc, FCMB Limited, and Sterling […]

100% cashless economy possible in Nigeria - Emefiele
News

Banks refunded over N95bn to customers in 2021 – CBN

The Central Bank of Nigeria on Thursday said cumulative refund by banks to customers as at December ending 2021 stood at N95.2 billion. This is contained in data released by the bank at the opening ceremony of the bank’s 2022 fair held in Jalingo, Taraba State. While urging the public to always lodge complaints with […]