Wema Bank Plc has commenced its rights issue to raise about N39.95 billion from its existing shareholders. According to information released to the media, subscription for...
Umaru Ibrahim, immediate past managing director and chief executive officer, Nigerian Deposit Insurance Association (NDIC), has said that some Nigerian banks failed because of non-compliance with...
Moruf Oseni, the Managing and Chief Executive Officer, Wema Bank, has stressed the need to provide a platform to address fundamental issues impacting Micro, Small and...
Foremost financial institution, Union Bank of Nigeria, has reiterated its commitment to providing easy access to capital for Small and Medium-sized Enterprises in the country to...
Central Bank of Nigeria, CBN, has suspended charges on cash deposits above the regulatory limits of N500,000 for individuals and N3,000,000 for corporate account holders. The...
Central Bank of Nigeria (CBN) has blamed panic withdrawals by bank customers for the seeming scarcity of naira notes in the country. This comes following a...
Fidelity Bank, leading financial institution, has been listed as one of most capitalized banks in Nigeria based on Q3 2023 financial results. According to an article...
Central Bank of Nigeria (CBN), has alerted Nigerians of counterfeit naira notes in circulation amid reports of currency shortage in the country. The apex bank in...
One of the factors limiting financial inclusion among the unbanked is the perception that banks are not safe to store money. This concern increases exponentially with...
Nigeria Inter-Bank Settlement System (NIBSS) has asked banks to delist Payment Solution Service Providers (PSSPs) Switches and Super Agents from its outward payment or transfer list....