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Nigerian Banks

17 posts
  • BUSINESS

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.
  • The Street
  • Posted on August 31, 2026September 1, 2026
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  • BUSINESS

Two Arrested As Police Smashes N713.9m Bank Fraud Syndicate

The development followed a complaint from a financial institution in Nigeria
  • Eniola Bello
  • Posted on May 7, 2026May 7, 2026
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  • BUSINESS

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
  • Eniola Bello
  • Posted on March 30, 2026March 30, 2026
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  • BUSINESS

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
  • Mide Charles
  • Posted on January 23, 2026January 23, 2026
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  • BUSINESS

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
  • Mide Charles
  • Posted on February 18, 2025February 18, 2025
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  • BUSINESS

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
  • The Street
  • Posted on September 11, 2024September 11, 2024
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  • BUSINESS

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
  • The Street
  • Posted on April 1, 2024April 1, 2024
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  • BUSINESS

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
  • Mide Charles
  • Posted on February 22, 2024February 22, 2024
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  • BUSINESS

Why Five Top Banks In Nigeria Posted N680bn Bad Loans

Why Five Top Banks In Nigeria Posted N680bn Bad Loans Five of…
  • The Street
  • Posted on May 3, 2021May 3, 2021
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  • BUSINESS

EFCC Boss Bawa Reveals Why Bankers, Others In Financial Sector Must Declare Their Assets

EFCC Boss Bawa Reveals Why Bankers, Others In Financial Sector Must Declare…
  • Mide Charles
  • Posted on March 16, 2021March 17, 2021
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Tinubu Hails $800M Ima Gas Deal As Nigeria Unlocks 50-Year-Old Reserve

The Ima gas resource, located offshore in OMLs 112 and 117, was discovered in 1973 but…
  • Eniola Bello
  • Posted on September 23, 2026September 23, 2026
  • NEWS

Residents Celebrate Troops’ Recovery Of Massive Herd Of Rustled Cattle In Sokoto Community

The successful operational breakthrough followed credible, actionable intelligence…
  • Eniola Bello
  • Posted on September 23, 2026September 23, 2026
  • BUSINESS

Why The Right Community Could Be A Woman’s Greatest Advantage

HerFidelity, the women focused proposition from Fidelity Bank, reflects this changing…
  • Mide Charles
  • Posted on September 23, 2026September 23, 2026
  • BUSINESS

Boost For Nigeria’s Ecosystem: Tinubu Welcomes New $12m Abuja Entrepreneurship Hub

About $5.9 million will go into construction, while $6.1 million will fund equipment…
  • The Street
  • Posted on September 23, 2026September 23, 2026
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