Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Financial Services 1 min
CBN to create new office to manage dormant account funds 
By Sami Tunji
Financial Services 1 min
CAC announces guidelines for banks’ merger, recapitalization, and share increment in Nigeria
By Nnaemeka Onyekachi
Exclusives 1 min
These are the largest banks in Africa based on market cap
By David Olujinmi
Currencies 1 min
Nigerian Banks forex revaluation gains estimated at N3.3 trillion, GTCO, Zenith Bank, Access Corp top list
By Idika Aja

More Stories

Financial Services

Senate passes Finance Act amendment bill, increases banks’ windfall levy to 70%

Financial Services

Dormant accounts are more susceptible to fraud, CBN wants to safekeep the funds- Cardoso

Exclusives

Haril Global Solutions asks Court to unfreeze its N1.1 billion, cites alleged misrepresentation by EFCC, Globus

Exclusives

Recapitalization: Banks to spend N186 billion on IT infrastructure from offer proceeds

Economy

Inflows through IMTOs surge by 39% in Q1 2024 on CBN reforms

Economy

CPPE urges Central Bank to halt interest rate hike as MPC meets today

Financial Services

Non-interest banks borrow N52.31 billion from CBN in 2023 

Financial Services

CBN to invest dormant account deposits in Treasury Bills and government securities

Currencies

CBN may spend up to $110.81 million in FX sales to BDCs this year 

Budget

FG to tax banks 50% of realised profits on FX gains in amended 2023 Finance Act