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Bank failure: CBN mulls higher minimum capital ratio

In view of challenges facing the banking sector due to unfavourable economic situations, the Central Bank of Nigeria (CBN) said…

7 years ago

Trust remains crucial in e-payment, says Diamond Bank CEO

The Managing Director of Diamond Bank Plc, Mr Uzoma Dozie, has described trust as an important factor for the acceptability…

7 years ago

We’ve no hidden $470.5m, N8bn in commercial banks ― NNPC

THE Nigerian National Petroleum Corporation (NNPC) says it has no hidden 470.5 million dollars and N8 billion in any commercial…

7 years ago

EFCC raids Standard Chartered Bank’s head office

ABOUT 20 operatives of the Economic and Financial Crimes Co4mmission (EFCC), on Friday, stormed the Ahmadu Bello Way, Victoria Island,…

7 years ago

9% interest rate: Ogbeh charges farmers to repay money borrowed from bank

AS the Central Bank of Nigeria (CBN) announces the new agricultural interest rate lending to farmers, processors and others in…

7 years ago

Financial expert seeks review of microfinance banks’ framework

A financial expert, Mr Godfrey Ajayi, says a review of the Central Bank of Nigeria (CBN) microfinance banks’ framework will…

7 years ago

Lingering crises at Fortis MFB worry stakeholders

STAKEHOLDERS in the banking industry have expressed concern over the lingering governance crisis in Fortis Microfinance Bank which has led…

7 years ago

Banking sector records N32.90trn transactions in Q2 ― NBS

THE National Bureau of Statistics (NBS) says a total of 509,668,433 transactions valued at N32.90 trillion was recorded in the…

7 years ago

Keystone Bank: Emerging whiz-kid on the banking block

Since the financial crisis that enveloped the global market a decade ago, the profitability and reputation of banks has been…

7 years ago

Union Bank records half year N11.7 bn profit before tax

UNION Bank of Nigeria Plc on Wednesday reported N11.7 billion profit before tax for the half year ended June 30.…

7 years ago

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