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Parallex Bank, the newest commercial bank has kicked off its operation and has announced plans to open new branches and add more customers to its already 100,000.
According to data provided by the Nigerian Exchange Limited, Eight Nigerian banks generated about N3.9tn gross earnings in the first half of 2023.
Suzan Fasipe, Head of Retail Payments at Interswitch, has revealed that the banking sector lost N12bn to electronic payment fraud in six months of 2023.
Zenith Bank and UBA have emerged as the leading banks in terms of experiencing the most substantial salary growth for their employees during the first half of 2023.
Four of Nigerian biggest bank has reported a massive profit in the first half of 2023 following the gains recorded from foreign currency revaluation.
Tony Elumelu, the Nigerian billionaire and the highest shareholder of United Bank of Africa, is set to receive a huge dividend reward after the bank's performance.
A total of N774bn in Forex revaluation gains were reported by GTBank, UBA, Fidelity Bank and Zenith Bank, primarily attributable to the policy implemented by the CBN
Nigerian bank customers hit the streets of Lagos in protest over excessive bank charges as they try to get the attention of the banks to arrest the matter...
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.
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