Nigerian Banks’ Bad Loans To Rise After Forbearance Ends, Fitch Warns
Fitch Ratings has raised concerns that the expiry of longstanding systemwide forbearance by mid-2025 will push up impaired loan ratios ...
Tag: Banks
Nigerian Banks To Repay $2.35bn In Eurobonds By 2026
Nigerian banks face upcoming Eurobond obligations totalling approximately $2.35 billion, which are due by the end of 2026. The maturity ...
10 Banks Declare N1.83trn Pre-tax Profits In Q1
No fewer than 10 listed banks have declared a whopping N1.83trillion total pretax profits in their first quarter(Q1) 2025 financial ...
Banks Donate Relief Materials To Flood Victims
Nigerian banks have donated multi-million naira relief materials to victims of recent floods with a commitment to continue to provide ...
Banks Lose N42.6bn To Fraud In Q2 – Agents
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) on Thursday  said Nigerian Banks lost N42.6 billion to ...
CBN Releases List Of Licensed Deposit Money Banks In Nigeria
The Central Bank of Nigeria (CBN) has published a comprehensive list of licensed Deposit Money Banks operating across the country, ...
6 Banks Spend N205.34bn On IT Amid e-Payment Boom
Six commercial banks increased their spending on information and technology (IT) by 44.66 percent to N205.34 billion as more customers ...
BREAKING: CBN Pegs Minimum Capital Bases For Banks At N500bn, N200bn
Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the ...
Reps Threaten To Subpoena Banks CEOs Over Absence From Housing Fund Probe
House of Representatives has threatened to subpoena executive officers of banks who fail to turn up for its ongoing investigation ...
Banks’ Losses To Fraud Rise To N9.5bn
With over N9 billion lost to fraud in the banking system this year, the figure is projected to reach N20 ...
