The Economic and Financial Crimes Commission, EFCC, has directed banks to place restrictions on the accounts of some suspects fingered in the alleged mismanagement of $2.1bn...
International agency Fitch Ratings yesterday said Nigerian banks needed more liquidity following the withdrawal of public sector deposit. The agency said the withdrawal of the estimated...
As the Federal Government moves to enforce Treasury Single Account (TSA) this week, there are indications that over 20,000 different bank accounts run by federal ministries...
he battle for defence of the Naira value has widened, affecting existing withdrawal limits on Automatic Teller Machines (ATMs) and foreign transactions on all existing Naira...
(Reuters) – Nigeria’s commercial lenders have stopped collecting cash deposits in dollars in a move to discourage speculation on the naira currency, which has been hit...
The Asset Management Corporation of Nigeria (AMCON) on Monday asked loan defaulters to immediately square their accounts or it would publish their names in line with...
By Chris Nomjov The Central Bank of Nigeria (CBN) on Sunday completed its stress test on all banks operating in the country, declaring the banking institutions,...
Four Nigerian banks – First Bank of Nigeria Limited, Zenith Bank Plc, Guaranty Trust Bank Plc (GTBank) and Access Bank Plc; have been ranked among the...
Thirteen Nigerian banks have been named in the list of 1000 top lenders across the world, according to the Banker magazine of the Financial Times Group...
