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Tag: Banks

Otedola regains top spot as First Bank’s biggest shareholder

Nigerian billionaire Femi Otedola, the Chairman of FBN Holdings, has regained his…

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FG slams N400m fine on four banks, others

The Nigeria Data Protection Commission has said more than 1000 financial institutions,…

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Four banks, others pay N400m fine for data breaches

The Nigeria Data Protection Commission has said more than 1000 financial institutions,…

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Afreximbank supports Fidelity Bank’s UK expansion with $40m

The African Export-Import Bank has disbursed a $40m Intra-African Investment Facility to…

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Currency outside banks declined to N3.61tn in April

Latest data from the Central Bank of Nigeria has indicated that currency…

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Banks withhold N530bn CBN funds, Cardoso may order refund

About N531.4bn of the Central Bank of Nigeria intervention funds remains unused…

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CBN slashes banks’ loan-deposit ratio to 50%

As part of measures to deepen its monetary tightening policy, the Central…

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Top banks target $3bn fund in foreign capital markets

Four of the tier-1 banks in the country, FBN Holdings, Access Holdings,…

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IMF advocates national strategy as banks lose $2.5bn to cyberattacks

The International Monetary Fund has called for immediate action on national cybersecurity…

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10 banks operating expenses rise to N3tn

The combined operating expenses of 10 Nigerian banks rose by 42.51 per…

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