CBN Confirms 30 Banks Meet New Capital Requirements Ahead of Deadline
The Central Bank of Nigeria has confirmed that 30 banks have successfully met the new minimum capital requirements under the ...
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Tag: #NigeriaBanking
CBN Gives Banks 18 Months to Comply with New Automated Anti-Money Laundering Standards
The Central Bank of Nigeria (CBN) has given Deposit Money Banks 18 months to fully comply with its newly introduced ...
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Nigeria’s Banking System Gets N4.78 Trillion Liquidity Boost in February
Nigeria’s banking system received a major liquidity injection in February as a total of N4.78 trillion flowed into the market ...
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BDAN Appoints Dr Oluwayemisi Olorunshola as Board Chairman
The Bank Directors Association of Nigeria (BDAN) has announced the appointment of Oluwayemisi Olorunshola as Chairman of its Board of ...
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TAJBank Secures A1 Ratings from Agusto & Co, Datapro
TAJBank Limited has secured A1 credit ratings from leading rating agencies Agusto & Co and Datapro, reinforcing its standing as ...
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FCMB Nears N500bn Recapitalisation Target for International Banking Licence
FCMB Group is close to meeting the N500 billion recapitalisation target required for an international banking licence, according to sources ...
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NDIC Declares N24.3bn Second Liquidation Dividend for Heritage Bank Depositors
The Nigeria Deposit Insurance Corporation (NDIC) has declared a second liquidation dividend of N24.3 billion for depositors of the defunct ...
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Nigeria’s Banking System Records N5.11trn Cash Surge in November
Nigeria’s banking system recorded a major liquidity boost of N5.11 trillion in November, driven by a combination of large Treasury ...
Read moreCBN Revises Cash Withdrawal Limits, Ends ₦5m Special Window from January 2026
The Central Bank of Nigeria (CBN) has announced a major revision of its cash withdrawal policy, with the new rules ...
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CBN Orders Banks to Withdraw Non-Compliant Adverts, Tightens Consumer Protection Rules
The Central Bank of Nigeria (CBN) has ordered all banks, payment service banks, and other regulated financial institutions to immediately ...
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