The number of commercial banks in Nigeria is set to reduce following the Central Bank of Nigeria drive to ensure banks meet its capital requirements before 2026.
Money
Most viewed
Popular
-
Zenith Bank set to open branches in another African country
-
Oracle’s Larry Ellison briefly dethrones Elon Musk as world’s richest man
-
New Zealand opens 3-year Seasonal Visa: Nigerians can now apply for jobs abroad
-
Nigerian bank invites students to apply for its scholarship, deadline nears
-
Pastor Jerry Eze's YouTube earnings hit N2 billion, emerges richest content creator in Nigeria
Money Latest News
Naira sells for new rate as Nigeria secures new $925 million oil-backed loan from Afreximbank
On Friday, June 9, at the official FX market, the naira ended the week flat as new oil facilities valued at $925 million raise foreign reserves and dollar inflows.
Full list: CBN releases new interest rates access, UBA, GTB, other banks charge customers for loan request
The Central Bank of Nigeria publishes maximum and minimum lending rates, ensuring transparency and full disclosure by detailing interest charged by banks.
Full list: UBA, Access in list of highest-paying banks in Nigeria for 2024
Data shows that Ecobank, Access Bank, and First Bank are among the Nigerian banks that spent the most on staff salaries and other welfare packages in 2024.
Good news for importers as CBN reduces customs exchange rate to clear goods
The Central Bank of Nigeria has decided to reduce the exchange rate for cargo clearances at Nigeria's ports to reflect the current naira rate at FX market.
“We disagree”: POS agents react to CAC order to register as police get date to begin arrest
The Association of Mobile Money and Bank Agents of Nigeria (AMMBAN) has opposed the CAC directive requiring PoS operators to register amid police arrests.
Good news for Naira as Nigeria secures support to help CBN defend currency value in forex markets
The Value of the naira is set to appreciate in the new week as the Central Bank of Nigeria secures additional funds from its The African Export-Import Ban.
Naija Whot League kicks off: How to participate, win PS5, Phones & other amazing gifts for free
The Naija WHOT League, a grand online Whot game competition from MPL Naija will be opened to all MPL Naija users across Nigeria starting Saturday, June 8, 2024.
Apply: Stanbic Bank announces N80m scholarship opportunities for Nigerian students
Stanbic Bank is ready to give scholarships to brilliant Nigerian students studying in any of the public tertiary institutions who meet its requirements.
Naira value rises against US dollar as CBN quotes new exchange rate for pound, euro
The value of Nigerian currency improved in the foreign exchange markets against the US dollar, and there are signs that the weeks ahead will be better.
Money
Load more