Banking
Nigerian Banks Adopt Survival Strategies Amid Growing Uncertainty
Burdened by the difficult operating environment typified by pressure on the naira, rising inflation and interest rate seemingly...
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Heritage Bank’s Liquidation Provokes Scrutiny On Sector As Public Weighs Statements Of Stakeholders
The revocation of the operating licence of Heritage bank on Monday has continued to provoke discussions on the...
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CBN Revokes Licence Of Heritage Bank
The Central Bank of Nigeria (CBN) has revoked the licence of the embattled Heritage Bank plc. The action confirms...
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CBN’s Autonomy Under Scrutiny Over Withdrawal Of Circular On Cybersecurity Days After FG’s Action
Concerns are being raised over the autonomy status of the Central Bank of Nigeria (CBN) following withdrawal of circular on...
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Atedo Peterside Faults CBN’s Policy On Naira, Says Hurried Appreciation Approach Won’t Work
The founder of Stanbic IBTC and ANAP Foundation, Atedo Peterside, says the urgency with which the President Bola Tinubu-led...
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Pressured FBN Holdings Sets May 30 Deadline For Publication Of Financial Reports
FBN Holdings Plc has set May 30 as deadline for publication of its unaudited FY’2023 and Q1’2024 reports....
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CBN Releases List Of 44 Licensed DMBs, Silent On Union’s Acquisition By TTB
The Central Bank of Nigeria (CBN) has announced 44 licensed deposit money banks in Nigeria, as...
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Fidelity Bank’s Sterling Performance Amid Challenges Of New Capitalization, Others
Last year Fidelity Bank Plc announced the completion of the acquisition of a 100% stake in Union Bank...
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Bank Recapitalisation: M&A Option Under Scrutiny (2)
The April 30 deadline given to banks by the Central Bank of Nigeria (CBN) for them to furnish the...
Read moreBanks’ Recapitalisation Gathers Momentum As Submission Of Implementation Plans Ends Today
Nigerian deposit banks are expected to submit action plans indicating their level of commitment to meeting the new capital...
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