Nigeria’s largest banks delivered a mixed but ultimately reassuring set of financial results in 2025, with balance sheet expansion and…
Browsing: Nigerian Banks
There is a notable structural shift in the Nigerian banking sector as the industry is characterized as highly capitalized but…
Nigeria’s banking industry is entering a new phase of strength and strategic relevance after lenders raised a combined N4.65 trillion…
I have seen fraud happen in minutes, often at a time when most people believe nothing is happening. Anyone who…
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says Nigerian banks have raised a combined N4.61 trillion in…
The Central Bank of Nigeria (CBN) has directed banks and other card issuers to significantly expand the deployment of Automated…
Nineteen Nigerian banks have met the Central Bank of Nigeria’s (CBN) revised minimum capital requirements ahead of the March 31,…
Nigerian banks will begin charging a ₦50 stamp duty on electronic transfers of ₦10,000 and above from January 1, 2026,…
Nigerian commercial banks deposited a record N3.7 trillion with the Central Bank of Nigeria (CBN) through its Standing Deposit Facility…
The Acting Director of Corporate Communications Department, Mrs. Hakama Sidi Ali confirmed the capitalization in Abuja, saying the new minimum capital base for commercial banks with national authorization is now N200 billion, while the new requirement for those with regional authorization is N50 billion.