The bank with the least spread across the country, Optimus Bank, has 2 branches. COMMERCIAL BANKS’ BRANCHES in Nigeria — MAY 2024 1 First Bank —...
In line with its commitment to enhancing depositors’ protection, public confidence, financial inclusion, and stability of the financial system, the Nigeria Deposit Insurance Corporation (NDIC) has...
Some economists have argued that Banks high net interest, which is the difference between the lending rate and the deposit rate, can dampen consumer spending and...
Industry analysts have expressed their satisfaction with the directives from the Central Bank of Nigeria (CBN) increasing the minimum capital base requirements for all Banks operating...
Some commercial banks affected by the undersea cable damage are now advising their customers to use alternative channels as mobile app and internet banking services remain...
Banks are currently experiencing a surge of customers as the March 1 deadline for the linkage of Nigeria National Identification Numbers (NIN) to Bank...
Financial Analyst Mr. Ayokunle Olubunmi has highlighted several factors that may influence the performances of Nigerian banks in 2024. Olubunmi, who is the Head of...
The House of Representatives on Wednesday claimed that four banks are holding approximately $5 billion in surplus foreign exchange, signaling concerns about the volatility in Nigeria’s...
Zenith Bank leads other banks on the NGX as Nigeria banks emerged most formidable profit generators, propelled by a substantial upswing in interest income...
Independent shareholders in the banking industry have revealed that a one-size-fits-all approach to capital requirements for all banks in the country could inadvertently...
