Monday, April 6, 2026
CBN’s aggressive CRR policy stunts banks’ ROE growth, says Agusto & Co
Nigeria’s banking industry’s possible 31.6 percent return on equity (ROE) achievement was stunted in 2020 by an aggressive Central Bank...
Read moreDetailsReaction trails CBN’s freeze order on fintech’s bank accounts
Startups say funds in safe hands and accessible A diversity of views has continued to trail the decision of the...
Read moreDetailsReaction trails CBN’s freeze order on fintech’s bank accounts
Startups say funds in safe hands and accessible A diversity of views has continued to trail the decision...
Read moreDetailsTrove, Bamboo, Risevest commit to Nigeria laws, regulations, assures customers over CBN’s freeze
Trove, Bamboo, Risevest, three of the investment and trading platforms whose bank accounts were recently ordered frozen by an Abuja...
Read moreDetailsNigerian banks return N89.2bn to customers in H1 ‘21, following complaints
In the first six months of this year, Nigeria’s commercial banks made a refund to bank customers to the tune...
Read moreDetailsCBN sets N6m approval fees for promoters of PSHC in new guidelines
cBN GOVERThe Central Bank of Nigeria (CBN) has set a non-refundable N1 million as the minimum paid-up capital requirement for...
Read moreDetailsSterling Bank new SocialPay offers online businesses access to N2m
First 10,000 merchants to access free loan for one month Sterling Bank, has opened SocialPay, an online payment...
Read moreDetailsFBNHoldings back in green with 13.1% uptick in Q2 earnings to N154.8bn
PBT=N26.3bn; PAT=N22.5bn down 5.5% EPS down N0.05 to N0.62 FBN Holdings, the parent company of First Bank of...
Read moreDetailsAgusto & Co. rates Coronation MB ‘A+’ with a stable outlook
Agusto & Co, the rating agency and a leading provider of industry research and knowledge in Nigeria & sub-Saharan Africa,...
Read moreDetailsNigeria quits regional maritime organisation over cold-shoulder reception
Nigeria has withdrawn its membership of the Maritime Organisation for West and Central Africa (MOWCA) following strong reservation over the...
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