Tag: Nigerian Banks
Browse our exclusive articles!
Seven Nigerian Banks Generate N132.45 Billion From E-Business In The First Half Of 2024
In the first half of 2024, seven Nigerian banks generated N132.45 billion from e-business operations, indicating a notable increase in the adoption of digital...
Fraud Losses Suffered by Nigerian Banks Decreased by 77.62% in Q1 2024 – FITC
Financial fraud losses at Nigerian banks decreased significantly in the first quarter of this year, with losses falling by 77.62% from the same period...
Tier 1 Nigerian banks generate N392 billion from electronic business in 2023
In 2023, Nigerian tier-1 banks made N392 billion from electronic commerce as an increasing number of Nigerians used cashless payment methods.
The five largest banks...
Nigerian Banks Shut Down 2 Million Accounts Due to BVN, NIN, Others
Nigerian commercial banks in the first quarter of 2024 closed approximately 2 million bank accounts.
This measure aimed to tackle the presence of questionable accounts,...
