Nigeria Banking
Fidelity Bank Reports 45 Percent Earnings Growth, Surpasses N1 Trillion Shareholders’ Funds
Fidelity Bank Plc has reported a 45 percent increase in gross earnings for the 2025 financial year, alongside a major milestone as its...
CBN Raises ATM Card Fees by 50 Percent, Scraps Maintenance Charges
The Central Bank of Nigeria has increased the cost of issuing and replacing Automated Teller Machine debit and credit cards by 50 percent,...
CBN Warns Nigerians of Rising Cyber Fraud Targeting Bank Accounts
The Central Bank of Nigeria has issued a fresh warning to the public over a growing wave of fraudulent messages and cyberattack attempts...
Nigerian Banks Raise N4.6 Trillion as Recapitalisation Sparks Fierce Lending Competition
Nigeria’s banking sector has entered a new era of intense competition following the successful recapitalisation exercise led by the Central Bank of Nigeria....
Unity Bank and Providus Bank Merger Progresses Smoothly After Regulatory Approvals
The proposed merger between Unity Bank Plc and Providus Bank Limited is moving steadily, following strong shareholder approval and key regulatory endorsements. The...
NDIC Reassures Nigerians on Bank Deposits, Urges BVN Linkage for Quick Access
Kaduna — The Nigeria Deposit Insurance Corporation (NDIC) has assured Nigerians that their bank deposits remain safe, urging all customers to link their...
BVN Enrolments Hit 67.8 Million as Stronger CBN Policies, Diaspora Drive Adoption
The Nigeria Inter-Bank Settlement System (NIBSS) has reported a significant increase in Bank Verification Number (BVN) enrolments, which rose by 6.8 per cent...
