Banks

Consumer

Finally, Nigerians can get refunds after bank fraud as CBN sets new rules

Eric Ojo -
Nigerians who lose money through their bank accounts to scammers may soon have a...
Banks

GTCO makes history as first Nigerian banking company to hit ₦100

Plu Team -
Shares of Guaranty Trust Holding Company Plc (GTCO) surged past the ₦100 mark on...
Banks

CBN orders immediate resignation of bank directors with unpaid loans

Plu Team -
The Central Bank of Nigeria (CBN) has directed bank directors with unpaid loans from...
Banks

CBN slaps new fees on Nigerians to revive ATMs, curb POS money agents

Olawale Afolabi -
The Central Bank of Nigeria (CBN) has announced new Automated Teller Machine (ATM) transaction...
Banks

Bank group opposes Nigerian govt’s “ill-timed” dollar windfall tax

Olawale Afolabi -
The Bank Directors Association of Nigeria (BDAN) has opposed a newly imposed 70% windfall...
Cost of Living

Banks hasten connection as govt warns no NIN, no cash transfer

Olawale Afolabi -
Millions of vulnerable Nigerian households may miss out on a government awarded cash transfers...
Banks

How Nigerian banks, African peers compare on six key indicators

Eric Ojo -
The European Investment Bank published its assessment of African banks last week, using its...
Africa

African banks resilient despite challenges, EIB says

Eric Ojo -
African banks face climate risks due to lending to governments and the private sector...
Banks

Customers rush as banks buy dollars online at rates better than black market

Jane Kalu -
Bank customers went into a frenzy on Tuesday after learning some banks had set...
Economy

Fraud soars in Nigerian banks to highest level in five years

Eric Ojo -
The number of fraud cases in Nigerian commercial banks rose in 2021 by nearly...
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