Bank workers will no longer nurse the fear of losing their jobs. The Bankers Committee yesterday halted retrenchment by banks. Central Bank of Nigeria (CBN) Director, Banking Supervision, Tokunbo Martins,...
The Central Bank of Nigeria (CBN) has suspended all the banks, with exception of First Bank, from selling dollars proceeds of international money transfer services (IMTS) to Bureaux De Change...
Nigeria's banks have very strong capital buffers to weather the country's economic crisis, the central bank's director of banking supervision said on Wednesday. Tokunbo Martins, speaking at a press conference...
The GTBank Fashion Weekend may seem novel for a financial institution, but it is part of the bank’s long history of supporting the local fashion industry. Foremost African financial institution,...
Nigerian policemen and soldiers on Tuesday dispersed around 100 youth protesters demanding the resignation of central bank governor Godwin Emefiele over rising inflation and a falling currency, a Reuters witness...
There appears to be no let-up in asset quality pressure on Deposit Money Banks (DMBs) in the country, as latest figures released by the Central Bank of Nigeria (CBN) and...
A stress test conducted by a Dubai-based international investment bank, Arqaam Capital, has indicated that seven Nigerian banks are undercapitalised to the tune of N1tn ($3.2bn). It also reported that...
The Federal Government has reached agreement with the World Bank Group and other development partners for the release of 1.3 billion dollars for the take-off of Development Bank of Nigeria....
Customers who lose money to fraudsters through the mobile money-driven Unstructured Supplementary Service Data (USSD) banking will be reimbursed by their banks, the Central Bank of Nigeria (CBN) has said....
Fifty customers owe commercial banks the sum of N5.23tn, representing 33.4 per cent of the total private sector credit exposure of N15.68tn, the Central Bank of Nigeria’s Financial System Stability...