CBN Announces New Guidelines On Recapitalisation Policy, Raises Capital Base For Mega Banks To N500bn
Barely 48 hours after restating the need to increase the capital base of Deposit Money Banks for improved productivity, the ...
Tag: Banks
Why Banks Can’t Pay Dividends From FX Revaluation Gains- CBN
The Central Bank of Nigeria, CBN, has reiterated that banks operating in the country cannot use their foreign exchange revaluation ...
CBN INVESTIGATION: Banks Hold Positive Outlook On NGX
Banking stocks on the Nigerian Exchange Limited maintained their positive trend as the local bourse shed N139bn on the first ...
Banks’ USSD Debt To Telcos Reaches N200bn
Banks now owe telecommunication firms N200bn for Unstructured Supplementary Service Data services. This is following a slowing of negotiations between ...
Eleven Banks Rake In N280bn From E-Banking, Govt Eyes N584bn
Eleven banks in the country raked in N279.85bn in the first nine months of 2023, an analysis of their financial ...
Robbers Raid Three Banks In Benue, Kill Seven, Cart Away With Millions Of Naira
Daredevil armed robbers on Friday stormed three banks in the Otukpo area of Benue State and carted away money several ...
Customs Boss Orders Deactivation Of Banks Unable To Remit Duties Collected
The acting Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, has ordered the deactivation of some banks over their failure ...
N120bn Debt: Banks Provide Telcos Repayment Plan
Telecommunication firms are considering a repayment plan proposed by Deposit Money Banks to end the N120bn debt on the Unstructured ...
Bank Directors Borrow N113bn, Shareholders Protest
The directors and associates of Union Bank of Nigeria, Stanbic IBTC Holdings, Sterling Bank and Access Holdings were granted N112.77bn ...
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