GT Banks, FCMB, 11 other banks need N3.31trn to meet CBN threshold
The Central Bank of Nigeria (CBN) has increased capital requirements for commercial banks, and 13 lenders are…
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Court fixes date for trial of bank staff over alleged theft of N2.7 billion from…
Justice O.O. Abike-Fadipe of the Special Offences Court in Ikeja, Lagos, has scheduled the trial of one Christopher…
Electronic Fraud: How Banking sector recorded N9.5bn losses in five years –…
According to the Central Bank of Nigeria (CBN), financial sector losses due to electronic fraud totaled N9.5…
Banks ignores CBN, increase ATM cash withdrawal limit
Deposit Money Banks in Nigeria are starting to raise the most cash clients can withdraw each day to N200,000,…
Nigeria’s inflation may hit 30%, Bank of America warns
The Bank of America (BOA) says the Monetary Policy Committee of the Central Bank of Nigeria (CBN) may need to…
NDPC probes banks over alleged data breach
Over alleged data breach The Nigeria Data Protection Commission (NDPC) has said that it has begun investigation of…