The Nigeria Deposit Insurance Corporation, NDIC, says it has commenced the process of concluding the liquidation activities of 89 closed Microfinance Banks (MFBs) and Primary Mortgage...
The Centre for the Promotion of Private Enterprise, CPPE, has raised concerns over a widening gap between Nigeria’s banking sector and the real economy, despite 32...
Fresh Amendments to the Bank Verification Number (BVN) framework will take effect from 1st May 2026, introducing new rules that affect users of the Nigerian banking...
…Meets CBN Capital Requirements, to Open Eight New Branches in 2026. NOVA Bank Limited has announced the appointment of Jude Anele as its Managing Director and...
The Central Bank of Nigeria, CBN, on Friday announced sweeping new measures for instant payment operations, including a restriction that limits mobile banking applications to a...
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, stated that the banking sector recapitalisation programme is progressing in accordance with the approved...
President Bola Ahmed Tinubu has commended the Bank of Industry (BOI) for achieving N636 billion in loan disbursement to businesses in 2025, the highest annual financing...