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August 1, 2026 - 3:27 PM

Tag: banks

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CBN Heightens Oversight on Select Banks Amid Recapitalization and Post-Forbearance Era

As one of the measures to build stability in Nigeria's banking sector, the Central Bank of Nigeria (CBN) revealed that a closely defined subset...

African Shipowners Applaud Plan to Disburse $700 Million Cabotage Fund Through Banks

The African Shipowners Association (ASA) has fully supported the decision to disburse the $700 million Cabotage Vessel Financing Fund (CVFF) through Nigerian banks at...

Banks Reduce FX Deposit Rates As Supply Increases

Banks lower their interest rates on foreign currency (FX) deposits as the dollar supply improves. During an executive roundtable organized by PwC and BusinessDay on...

Banks to Demand Tax IDs from Customers For Account Opening 

A newly proposed bill in Nigeria mandates that anyone wishing to open or operate a bank account, as well as individuals in banking, insurance,...

Banks And IT Firms Are Becoming More Tense In The UK Over Liability For Online Fraud

In the UK, disputes about who should pay out compensation to victims of online fraud are getting worse between social media companies, banks, and...

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How South African Leaders Throughout History Have Openly And Tacitly Promoted Xenophobia

One cannot examine the evolution of xenophobia in South...

Nigeria Deploys First Batch of Peacekeepers to Guinea-Bissau

The Nigerian Air Force (NAF) has airlifted the first...

FG Assures Nigerians of Stable Electricity Reforms Without Tariff Hike

The Federal Government has ruled out any immediate plans...

Benue Catholic Diocese Raises Alarm Over Abduction of Seminarian

The Catholic Diocese of Otukpo has announced the alleged...

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