CBN Reaffirms Strength of Banking Sector, Issues Transition Guidance Amid Recapitalization Push
In a bid to ease investor concerns and support a seamless shift from pandemic-era policies, the Central Bank of Nigeria...
Tag Archives: #NigerianBanks
Banks Pay N205bn Windfall Tax, Owe N600bn Amid Naira Devaluation
n the 2024 financial year, six major Nigerian banks have paid approximately N205.59 billion as windfall tax following the country’s...
Nigerian Banks Access Over N9 Trillion Amid Liquidity Crunch in March 2024
Nigerian deposit money banks accessed more than N9 trillion to fund their operations as liquidity pressures intensified last week, according...
CBN Reiterates Commitment to Stability of Nigeria’s Financial System and Safety of Depositors’ Funds
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to maintaining the stability and security of the nation’s financial...