Nigeria’s Banking Sector Strengthens as CBN Reports Progress in Recapitalisation Drive
Oru Leonard The Central Bank of Nigeria (CBN) has announced significant progress in the ongoing recapitalisation programme introduced in 2024
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BANKING
Bank Recapitalisation Drive Gathers Momentum as Deadline Approaches – Cardoso
Oru Leonard ABUJA — The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has affirmed that Nigeria’s banking
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NDIC Declares ₦24.3B Second Liquidation Dividend to Depositors with Balances above Statutory Inaured Limit of ₦5M
Oru Leonard The Nigeria Deposit Insurance Corporation (NDIC) has declared a second liquidation dividend of ₦24.3 billion for depositors of
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DEPOSITORS’ REIMBURSEMENT TO RECEIVE MAJOR BOOST AS NDIC, NIBSS SET TO SIGN MOU
Oru Leonard The Nigeria Deposit Insurance Corporation (NDIC), and the Nigeria Inter-Bank Settlement System (NIBSS), Plc. are set to sign
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BNY Mellon and Standard Bank Launch Global Depositary Notes to Boost Access to Nigerian Debt Market
Oru Leonard Bank of New York Mellon Corp. (BNY Mellon) and Standard Bank Group Ltd. have partnered to introduce Global
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Telcos Implement New USSD Billing System in Nigeria
Oru Leonard Telecommunications operators in Nigeria have started implementing a new billing system for Unstructured Supplementary Service Data (USSD) services,
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CBN Affirms Banking Sector Strength, Introduces Transitional Guidance
Oru Leonard The Central Bank of Nigeria (CBN), has reaffirmed the strength of the country’s banking sector while introducing
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CBN RE-CAPITALIZATION: What You Need to Know
Oru Leonard The Central Bank of Nigeria (CBN), has announced a significant recapitalization initiative for banks in Nigeria, aiming to
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Banks’ Deposits with CBN Soar 1,578% to N53.5 Trillion
Oru Leonard Banks’ deposits with the Central Bank of Nigeria (CBN) have risen sharply by 1,578% year-on-year (YoY) to N53.5
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Bankit MFB Revolutionizes Digital Banking in Nigeria with Innovative Features
Oru Leonard Lagos, Nigeria – A fast rising fintech powerhouses, Bankit Microfinance Bank (Bankit MFB), has launched a suite of
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