Banking
Nigerian Banks to Boost Economic Growth Through Recapitalization and Financial Inclusion
The Association of Corporate Affairs Managers of Banks (ACAMB) has underscored the critical role of bank recapitalization and financial inclusion...
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FirstBank Launches Verve Flash Promo to Reward Customers with Free Debit Cards
First Bank of Nigeria Limited (FirstBank), Nigeria’s premier financial inclusion services provider, has unveiled the Verve Flash Promo, a new...
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Banks Channel Surplus Funds to CBN as Liquidity Pressures Deepen in Interbank Market
Liquidity pressures intensified in Nigeria’s interbank market last week as commercial banks continued to channel surplus funds to the Central...
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NDIC Reassures Depositors of Up to N5 Million Compensation in Case of Bank Failure
As part of efforts to boost public confidence in the banking system, the Nigeria Deposit Insurance Corporation (NDIC) has reassured...
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NDIC, CIBN Strengthen Partnership to Tackle Emerging Banking Risks
The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Thompson Oludare Sunday, has called...
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CBN Monitors Banks’ Recapitalisation Compliance Ahead of Deadline
The Central Bank of Nigeria (CBN) has said it is closely monitoring banks to ensure strict compliance with the recapitalisation...
Read moreCBN Imposes 75% CRR on Non-TSA Deposits to Curb Excess Liquidity
Banks with heavy exposure to government deposits may need to adjust their strategies after the Central Bank of Nigeria (CBN)...
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Bank of Industry Secures Accreditation for Climate Adaptation Projects
The Bank of Industry (BoI) has been accredited by the board of the Adaptation Fund to serve as a National...
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CBN Targets $1 Billion Monthly Diaspora Remittances by 2026 – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has challenged Nigerian banks to intensify their support for...
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FirstBank Champions Inclusive Fintech Innovation at Canada-Africa Fintech Summit (CAFS 2025)
FirstBank proudly sponsored the recently held Canada-Africa Fintech Summit (CAFS 2025), which took place from August 5–8 at the Sheraton Centre...
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