Nigerian banks

Banks’ lending to private sector decline by N600.60bn in 6 quarters

The total loans granted by Nigerian banks to the private sector declined by N600.60bn, from…

Fraud cases by bank staff rises — NDIC

Nigeria Deposit Insurance Corporation (NDIC) says the number of fraud cases attributed to internal abuse…

Nigerian banks aiding corruption, says Nuhu Ribadu

The First Executive Chairman of the Economic and Financial Crimes Commission(EFCC), Mr Nuhu Ribadu has…

We deserve better services, bank customers tell CBN

Bank customers in the country have called on the Central Bank of Nigeria (CBN) to…

NDIC says banking industry records decline in frauds, forgeries in 2016

The Nigeria Deposit Insurance Corporation (NDIC) said the banking industry recorded a decline in the…

Rumours of financial distress in Banks false – NDIC boss

The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, has urged the…

CBN directs banks to file forex returns in dollars

The Central Bank of Nigeria (CBN) has directed banks to file their returns on the…

CBN re-instates banks banned from forex market

The Central Bank of Nigeria (CBN) has re-instated all the banks that were banned from…

FG directs banks to suspend retrenchment

The Federal Government on Friday directed all banks operating in the country to suspend the…

With dollar shortage, Nigerian banks risk loan default

Nigeria's central bank has tightened restrictions on the flow of dollars to domestic lenders, forcing…