Nigeria plans for new round of banks’ recapitalisation
Lagos, Nov. 25, 2023: The Central Bank of Nigeria (CBN) says it is planning to implement a new round of ...
Tag: Banks
Customers in trouble as banks’ USSD debt hits N200bn
Lagos, Nov. 17, 2023: The Association of Telecommunications Operators of Nigeria (ALTON) on Thursday urged banks to prioritise the payment ...
Depositors of failed banks get N1.39bn from NDIC
Lagos, Nov. 10, 2023: The Nigeria Deposit Insurance Corporation (NDIC) has paid N1.39 billion to 36,163 depositors of 110 closed ...
Failed Banks: NDIC settles N16bn to depositors, shareholders as liquidation dividend
Kano, Nov.2, 2023: The Nigerian Deposit Insurance Corporation (NDIC) said it has paid off N 16 billion depositors and shareholders ...
Banks to embark on new recapitalisation drive soon – Experts
Lagos, Oct. 13, 2023: Experts have expressed optimism that the banking industry would soon embark on new recapitalisation drive owing ...
FRC cautions banks on non-compliance to Act
Lagos, Oct. 8, 2023: The Fiscal Responsibility Commission (FRC) on Saturday highlighted the risks associated with banks’ lending in a ...
Fiscal commission to engage banks, stakeholders on debt management
Abuja, Oct.4, 2023: The Fiscal Responsibility Commission (FRC) is to hold a stakeholders dialogue with bank operators, key stakeholders in ...
NDIC declares N16bn liquidation dividends payment to depositors of 20 banks
Abuja, Oct. 3, 2023: The Nigeria Deposit Insurance Corporation (NDIC), has declared additional over N16 billion as liquidation dividend to ...
Customs hits dealer banks over non-remittance of duties, charges
Lagos, Sept. 8, 2023: The Nigeria Customs Service (NCS) has deactivated some authorized dealer banks that failed to remit customs ...
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