Monday, March 9, 2026
UBA sets new benchmark to emerge Nigeria’s most profitable bank in HI’23
By Onome Amuge The United Bank of Africa (UBA) has emerged the most profitable bank in Nigeria so far in...
Read moreDetailsNigerian banks lose N12.2bn to electronic payment fraud in H1 2023
By Onome Amuge. Digital commerce firm, Interswitch has reported that Nigerian banks suffered a financial loss amounting to N12.2 billion...
Read moreDetailsCBN unveils online portal to accelerate microfinance banks licence applications
Business A.M The Central Bank of Nigeria (CBN) has unveiled a new online platform for the submission of Microfinance Banks...
Read moreDetailsEcobank upgrades branches to enhance quality service delivery
By Cynthia Ezekwe. Ecobank Nigeria Limited, an affiliate of the Ecobank Group, the pan-African banking group, has commenced the...
Read moreDetailsOptimus Bank debuts with commitment to transform financial services sector
By Onome Amuge. Optimus Bank Limited, a newly launched national commercial bank,has pledged to revolutionise the Nigerian banking experience by...
Read moreDetailsCBN’s long awaited financials reveal $7.5bn owed Goldman Sachs and JP Morgan
Business A.M The Central Bank of Nigeria (CBN) said it owes JP Morgan and Goldman Sachs a combined sum of...
Read moreDetailsCBN exempts mortgage, micro-finance banks from cash limit policy
The Central Bank of Nigeria (CBN) has announced the exemption of primary mortgage banks and Microfinance banks from its cash...
Read moreDetailsNOVA MB conversion to commercial bank begins as shareholders approve licence acquisition
By Cynthia Ezekwe. The process to convert to a retail bank for one of Nigeria's fastest growing wholesale banks, NOVA...
Read moreDetailsEcobank kicks against Otudeko’s N87bn FBN Holdings acquisition over N13.5bn debt
By Onome Amuge. Ecobank Nigeria Limited has called on First Bank Nigeria (FBN) Holdings to reject the acquisition of 4.8...
Read moreDetailsNigerian banks lose N472m to fraud activities in Q1 2023, says FITC
By Cynthia Ezekwe. The Financial Institutions Training Centre (FITC), in its recent report on fraud and forgeries in the Nigerian...
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