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Heritage Bank: NDIC announces N24.3bn second liquidation dividend for uninsured depositors

THE Nigeria Deposit Insurance Corporation (NDIC) has approved a second liquidation dividend of N24.3...

CBN, NDIC contest court’s power to hear case on Aso Savings, Union Homes licence revocation

THE Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) have...
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How bank chiefs crashed Nigeria’s Assurance Bank

Assurance Bank Nigeria Limited, once a thriving bank with 23 branches across the country,...

Otedola urges CBN to raise banks’ capital base to N1trn as FirstBank completes N500bn raise

CHAIRMAN of FirstHoldco, the parent company of First Bank Plc, has urged the Central...
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Nigeria’s economic activity strengthens in December as PMI rises to 57.6

...Balance of payment rises Nigeria’s domestic economic activity strengthened further in December 2025, with the...

CBN projects Nigeria’s external reserves to hit $51.04bn in 2026 as FX pressure eases

NIGERIA’s external reserves are expected to climb to $51.04 billion in 2026 on the...
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CBN revokes licenses of Aso Savings, Union Homes for non-complaince with BOFIA

THE Central Bank of Nigeria (CBN) has revoked the licenses of Aso Savings and...

CBN gives PoS providers 30 days to link NIBSS, UPSL

THE Central Bank of Nigeria (CBN) has ordered all acquirers, processors and payment terminal...
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