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Nova Bank Limited has opened its first branch in Lagos, promising to open more branches across Nigeria to provide jobs for Nigerians and offer excellent services.

The digital payment company, PalmPay has introduced free bank transfers on transactions on its app to all banks in Nigeria to drive financial inclusion.

Ecobank has announced a two-day temporary service disruption due to system maintenance aimed at enhancing the banking experience for its customers.

Roosevelt Ogbonna, Access Bank CEO said that the holding company's N10 trillion prediction showed the company's commitment to becoming a global banking leader.

Recent FITC data showed that Nigerian banks reported about 318 insider fraud cases in 12 months, leading to the sacking of 93 employees during that period.

Commercial banks in Nigeria have stepped up their borrowing spree from the Central Bank of Nigeria via the Standing Lending Credit Facility (SLF).

The Central Bank of Nigeria (CBN) has released the latest savings interest rates for Nigerian banks, which include Fidelity Bank, and Guaranty Trust Bank.

Commercial banks are facing a liquidity shortage following the CBN decision on monetary policy, leaving banks with the need to borrow more for operations.

In 2024, Tier 1 Banks were determined by the Proshare Bank Strength Index (PBSI) to be Access Corp, Zenith Bank, FBNH, ETI, UBA, and GTCO based on their financials.
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