CBN Tightens Grip as Banking Sector Races to Meet 2026 Recapitalisation Deadline
Nigeria’s banking sector is witnessing heightened activity as the Central Bank of Nigeria (CBN) intensifies enforcement of its ongoing recapitalisation ...
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Tag: #FinancialStability
NDIC Reiterates Compliance with Fiscal Responsibility Act, Assures Federal Government of Statutory Remittances
The Nigeria Deposit Insurance Corporation (NDIC) has restated its unwavering commitment to fiscal discipline, accountability, and transparency, reaffirming that it ...
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NDIC, NIBSS to Partner on Faster Depositor Reimbursement in Bank Failures
The Nigeria Deposit Insurance Corporation (NDIC) and the Nigeria Inter-Bank Settlement System (NIBSS) Plc are set to formalise a strategic ...
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Experts Call for Stronger Policy Coordination as Fiscal Dominance, Import Dependence Threaten Nigeria’s Financial Stability
Monetary and fiscal policies are far more than economic jargon — they are the twin engines that power a nation’s ...
Read moreCBN Reports Decline in Banks’ Capital Adequacy Ratio to 12% After Withdrawal of Regulatory Forbearance
The Central Bank of Nigeria (CBN) has reported a decline in the Capital Adequacy Ratio (CAR) of the banking industry ...
Read moreNDIC Orders Banks to Resolve Customer Complaints Within Two Weeks or Face Escalation
The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its directive to banks to resolve customer complaints within two weeks, warning ...
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NAICOM to Begin Communicating Results of Recapitalisation Plan Reviews to Insurers
The Commissioner for Insurance, Mr Olusegun Ayo Omosehin, has announced that the National Insurance Commission (NAICOM) has concluded its review ...
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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 Confirms 14 Banks Have Met New Capital Requirements
The Central Bank of Nigeria (CBN) has confirmed that 14 commercial banks have successfully met the new regulatory capital requirements ...
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CBN, NDIC Pledge Stronger Collaboration to Safeguard Nigeria’s Financial System
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has congratulated the newly appointed Managing Director/Chief Executive ...
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