Tag: #BankingSector

The Central Bank of Nigeria (CBN) has alerted Nigerians to a surge in cyber fraud attempts involving fake messages and ...

Wema Bank has secured its position in Nigeria’s top tier of financial institutions after surpassing the Central Bank of Nigeria’s ...

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the final phase of winding down 89 defunct Microfinance Banks (MFBs) and ...

As the Central Bank of Nigeria’s (CBN) recapitalisation exercise concluded on March 31, 2026, most banks operating in the country ...

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has warned Nigerian banks against granting loans without ...

Activity on the floor of the Nigerian Exchange Limited cooled significantly last week as the market operated for only four ...

The Central Bank of Nigeria has directed banks to complete a mandatory cybersecurity self-assessment within three weeks as part of ...

Banks in Nigeria are making a last-minute push to meet the recapitalisation deadline set by the Central Bank of Nigeria, ...

Coronation Merchant Bank has successfully completed its recapitalisation programme, raising its paid-up capital to N50,257,767,438, a move expected to enhance ...

FCMB Group Plc has successfully raised N500 billion, enabling its banking subsidiary to meet the Central Bank of Nigeria’s (CBN) ...