Access, United Bank for Africa, Zenith Bank and First Bank will be closing their branches nationwide in honour of the late ...

The naira closed flat on Tuesday in the official foreign exchange (FX) market, as Olayemi Cardoso, governor of the Central ...

The International Monetary Fund, IMF, yesterday, said that Nigerian banks closed 234 branches and 649 Automated Teller Machines, ATMs, in 2020 leading to a decline in the country’s Financial ...

HSBC (HSBA.L) and UBS (UBSG.S) have closed their offices in Nigeria, the country's central bank said in a report on Friday as it revealed foreign investment had fallen sharply from a year ago.

FIVE major Nigerian banks have made progress in their recapitalization efforts, moving closer to meeting the Central Bank of Nigeria’s (CBN’s) minimum capital requirements.The banks have ...

Nigeria's central bank said on Friday it was providing 200 billion naira to four banks judged to be facing a grave liquidity crisis and removed three of their chief executives.

Nigeria closed 2.021 million bank accounts in the first quarter of 2024, Q1’24, in effort to clean their books of questionable accounts and comply with regulatory order on linkage of bank ...

Banks are booming in Nigeria on the back of oil revenue inflows. But solutions to some of the country’s problems – particularly the need for infrastructure development and a reversal of falls in oil ...