Browsing: Banking

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the disbursement of N46.6 billion in liquidation dividends to depositors of the…

Aliko Dangote, President and CEO of the Dangote Group, has accepted an appointment to the World Bank’s Private Sector Investment…

Justice Deinde Dipeolu of the Federal High Court sitting in Lagos has ordered 54 banks to repay a total of…

The Nigeria Deposit Insurance Corporation (NDIC) has announced that it will begin paying the first tranche of liquidation dividends to…

The World Bank is poised to approve $632 million in new loans to Nigeria today (Monday), amid growing concerns over…

The market value of Bitcoin and other cryptocurrencies rose significantly in Monday’s early trading, with Bitcoin reaching around $87,480. This…

Commercial banks across Nigeria have commenced charging customers N100 per N20,000 withdrawal from their on-site Automated Teller Machines (ATMs) and…

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) over its…

The Socio-Economic Rights and Accountability Project (SERAP) has given the Central Bank of Nigeria a 48-hour ultimatum to reverse the…

The Central Bank of Nigeria (CBN) has threatened to penalize banks that compel customers to withdraw amounts lower than N20,000…