Prof. Ken Ife, an economist, has said the new minimum capital requirement for Nigerian banks will make them stronger and more resilient. Ife, the L...
Prof. Uche Uwaleke, a financial expert,has commended the Central Bank of Nigeria (CBN) for raising the minimum capital requirement for Nigerian banks....
Nigerian banks have disclosed that evidence of a recent three-year tax clearance certificate is now a prerequisite for banks’ consumers seeking ...
The Fiscal Responsibility Commission (FRC) said that it has notified about 14 banks and financial institutions allegedly granting loans without d...
Following the information gathered of how Polaris Bank staff stole over N20 million from customer’s accounts, management has begun an immediate ...
Findings by AllNews showed that despite the COVID-19 pandemic knocking off revenue sources of individuals and companies, increasing the possibility of...
Earnings of Nigerian banks have been projected to reduce this year (2020) following the outbreak of Coronavirus which forced Guaranty Trust Bank, Zeni...
Ecobank gross earnings grew slightly in nine months of 2020, rising by 0.4% above the 610,86 billion generated in the corresponding period of 2019 nin...
The Central Bank of Nigeria (CBN) has explained its directive on Domiciliary Accounts to Nigerian banks following different interpretations. The CBN m...
The Central Bank of Nigeria (CBN's) policy on Loan-to-Deposit Ratio (LDR) has forced Nigerian banks to offer more loan to businesses as AllNe...
Nigerians will have to start paying for failed transactions according to a controversial directive from the Central Bank of Nigeria (CBN). The CBN ord...
Some banks, hotels and filling stations were shutdown in Ibadan, Oyo State over non-compliance to tax obligation. The companies were stopped from oper...
Rift within the management of Jaiz Bank Plc is affecting decision making as board members disagree over leadership of the bank. It was gathered that s...
Banks in Nigeria are shutting down operations amidst rising tension between peaceful ENDSARS protesters and security forces in Lagos. AllNews had repo...
The Federal Government has warned that individuals and companies in Nigeria will be financially sanctioned if they fail to complete a "Self-Certi...