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By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN), on Monday lifted the suspension on lending to banks through its Standing Lending Facility, SLF, adjusting...
The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank...
By David Torough, Abuja For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital...
By Eze Okechukwu, Abuja A bill seeking to amend the Finance Act 2023; with a view to imposing a windfall tax on banks and providing for...
Commercial banks, public schools and state government offices in Osogbo, Osun, on Monday, were shut for the celebration of the new Islamic year, Hijrah 1446. Gov....
The Central Bank of Nigeria (CBN) says it has no plan to revoke the licences of more Deposit Money Banks (DMBs). The Acting Director, Corporate Communications...
The Nigeria Deposit Insurance Corporation (NDIC), has reviewed upward the maximum deposit insurance coverage for depositors of all licenced deposit taking financial institutions in event of...
By Tony Obiechina, Abuja Central Bank of Nigeria (CBN) yesterday announced a review of the loan-to-deposit ratio (LDR) for banks from 65 percent to 50 percent...
Sell-offs in the shares of Tier-one banks on Thursday contributed to a 0.32 per cent decline in the Nigerian Exchange Ltd. (NGX) market indices. Specifically, losses...
By Tony Obiechina, Abuja The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured that of all banks have the capacity to meet...
