Banking

CBN raises capital requirements of National MFBs to N5bn, State N2bn, Unit N100m
CBN to leverage NIPOST to establish National MFB in 774 LGs January
by Hope Moses-Ashike

Central Bank of Nigeria (CBN) and the Bankers’ Committee will...

Bank directors seek CIBN support on professionalism, ethics in industry
by HOPE MOSES-ASHIKE

Bank directors under the umbrella of Bank Directors’ Association of...

Why Ecobank offers zero fees on international transfers with Rapidtransfer App
by BALA AUGIE

The average cost of transferring money across sub-Saharan Africa is...

Electronic fraud in banking projected to reach N6.1trn by 2021 says CBN 
by Hope Moses-Ashike and Onyinye Nwachukwu in  Benin 

Electronic fraud loses in the Nigerian banking system are projected...

CBN to sanction banks for using a state code for another
by HOPE MOSES-ASHIKE

The Central Bank of Nigeria (CBN) will sanction banks with...

CBN issues exposure draft on revised standard on NUBAN for banks, OFIs 
by Hope Moses-Ashike 

The Central Bank of Nigeria (CBN) on Tuesday issued exposure...

CBN reviews operations of indirect participants in payment system 
by Editor

The Central Bank of Nigeria (CBN) on Tuesday issued exposure...

Banks’ interest expense up 7.75 % to N556 bn in HI
by BALA AUGIE

Eleven largest banks in Africa’s largest economy incurred a cumulative...

https://www.businessdayonline.com/
Ecobank new MD to focus on customer-friendly banking services
by Seyi John Salau

Patrick Akin Akinwuntan, managing director and Regional Executive of Ecobank...

https://www.businessdayonline.com/
MPC members foresee uncertainties around capital flows in 2019
by HOPE MOSES-ASHIKE

The outlook for domestic economic conditions in 2019 is seen...

https://www.businessdayonline.com/
FirstBank digital lab convenes second fireside chat
by Editor

FirstBank Digital Lab will convene for its second Fireside chat...

https://www.businessdayonline.com/
CBN, business leaders in discussion with UK authority on Fintech regulation
by HOPE MOSES-ASHIKE

An acceptable regulation of the Nigerian Financial Technology (Fintech) is...