In June, Wema Bank suspended its engagements on X, (formerly known as Twitter) amid reports of more than 70 fake accounts impersonating the bank and its ALAT platform. In August, Zenith Bank Plc disclosed that it was investigating unauthorised access to customer data linked to a global cyberattack.
Browsing Tag
Nigerian Banks
18 posts
N4.65trn Recapitalisation: Are Banks Financing Nigeria’s Economy Or Government?
Four mid-tier banking groups, FCMB, Wema, Sterling Financial Holdings and Ecobank Transnational recorded a combined after-tax profit of N730.2 billion in H1 2026, compared with N636.4 billion a year earlier.
Two Arrested As Police Smashes N713.9m Bank Fraud Syndicate
The development followed a complaint from a financial institution in Nigeria
ACAMB Hails Nigerian Banks For Meeting New Capital Requirements
The Governor of the CBN, Olayemi Cardoso, had disclosed that 32 banks have already met the new capital requirements under the ongoing recapitalisation programme
EFCC Accuses Banks, Fintechs Of Aiding Fraudulent Schemes
He disclosed that over 700 victims have fallen into the trap of fraudsters through the scheme with a total loss of N651, 097, 755.00 to
CBN Orders Immediate Resignation Of Bank Directors With Bad Loans
The directive was issued in a circular signed by the Acting Director of Banking Supervision
EFCC Committed To Sanitising The Bank Sector, Olukoyede Says
He made the declaration on Tuesday, September 10, 2024 at the Chartered Institute of Bankers of Nigeria
No Need To Panic, Nigerian Banks Are In Good Stead – ACAMB Assures On Recapitalisation
All facts point to a win-win for the Nigerian banks, the financial market and the economy under this
EFCC Boss Olukoyede Charges Banks’ CEO To Play By The Rules
He assured the CEOs that the Commission would work together with them in a way
Why Five Top Banks In Nigeria Posted N680bn Bad Loans
Why Five Top Banks In Nigeria Posted N680bn Bad Loans Five of…