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The Federal Government is set to make a decision on Asset Management Corporation of Nigeria (AMCON) which will come as a relief for financial institutuons.

Commercial and merchant banks in Nigeria have increased borrowing from the Central Bank of Nigeria (CBN) in the first eight months of this year for business.

Top Nigerian banks are developing intelligent fintech firms to battle entrenched players like OPay, Kuda Bank, in the financial services ecosystem in Nigeria.

The Nigerian Exchange has fined a total of 26 companies listed N125 million for not submitting their financial reports for Q4 2022 and Q1 2023 as required.

Commercial banks have intensified their efforts to educate customers about banking activities through electronic channels as fraud cases increase in 2023..

A recent report has revealed that the Dangote Group, Access Bank, Zenith Bank, GTBank, MTN and Airtel are among the top 10 most valuable brands in Nigeria.

The central bank allegedly barred some bank chief executives and managing directors from leaving the country between August 5 to 15, 2023, over forex violations

The Nigeria Inter-bank Settlement System (NIBBS) has revealed that Nigerian banks lost a whopping N9.5 billion from January to July 2023 via PoS and others.

Nigerian billionaire, Aigboje Aig-Imoukhuede has recently honoured 32 exemplary government employees by awarding them individual cash grants of N500,000 each.
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