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...
The Central Bank of Nigeria has assured the public that the Nigerian banking industry is resilient, noting that banks’ financial soundness indicators were within...
As of September 2023, Zenith Bank, UBA, Access Bank, FBN and Ecobank remain the five most capitalised banks in Nigeria accounting for N8.04 trillion...
The Long-Term Issuer Default Rating (IDR) of Coronation Merchant Bank (CMB) has been downgraded by Fitch Ratings to ‘CC’ from ‘B-‘, with its...
A call has gone to media owners, especially those operating in the digital ecosystem, to reform their business model to ensure sustainability. Mr. Olufemi Awoyemi, CEO,...