‘Low credit development’ Banks’ operations harmed by N1.3 trillion NPLs, recovery challenges
As the banking sector's non-performing loans (NPLs) reached N1.3 trillion in November, lenders are sounding the alarm that the massive ...
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Tag: CBN
‘Ousted!’ How Tunde Ayeni lost yet another enterprise
The latest in the plethora of John Olatunde Ayeni, popularly known as Tunde Ayeni travails is that he has lost ...
Read moreDetails‘See list’ Checklists of CBN approved bank charges in Nigeria
It can be devastating to have your bank account debited without your permission by Nigerian banks. Here are the updated ...
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‘Handover’ Governor-elect, Soludo, nominates ex-minister, Ezekwesili as transition team leader
The newly elected governor of Anambra State, Prof. Chukwuma Soludo, has appointed former education minister Oby Ezekwesili to lead his ...
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‘Strategizing’ Standard Chartered sets to close down 50% of Nigerian branches
Standard Chartered Plc plans to close half of its branches in Nigeria in order to transition to digital banking. According ...
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‘Review mandate’ CBN to hold first MPC meeting in 2022 on January 24
The first Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) for 2022 will take place on ...
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‘Effective’ 114,900 consumers and businesses activate eNaira wallets
Since its introduction in October 2021, at least 114,900 consumers and merchants have activated the eNaira wallets as of November ...
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‘Regulatory direction’ Stanbic IBTC showcases compliance with CBN’s LDR policy
Stanbic IBTC Bank has stated that it is fully complying with the Central Bank of Nigeria's (CBN) directive that lenders ...
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‘Leading’ Ecobank, GTB forerunner for eNaira’s adoption
Customers are currently adopting the eNaira in greater numbers at Ecobank and GTB. The Central Bank of Nigeria (CBN) launched ...
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‘Establishing regulations’ CBN, EFCC set to take down lending institutions harassing Nigerians
The Federal Competition and Consumer Protection Commission (FCCPC) has announced the formation of a joint committee to combat illegally operating ...
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