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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Tag: #NigeriaBanking
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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CBN 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) ...
Read moreCBN 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 Warns Against Fake Claims of Uncredited Foreign Currency Transfers
The Central Bank of Nigeria (CBN) has issued a strong warning against the increasing number of fraudulent claims made by ...
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