The Central Bank of Nigeria (CBN) will by year-end, review banks’ compliance with its regulatory directive that lenders give 40 per cent board positions to women, its Acting Governor, Dr. Sarah Alade has said. Speaking at an International Sustainable Banking Forum organised by the CBN in collaboration with the International […]

… As CBN liquidates 83 micro finance banks Managing Director of the Nigeria Deposit Insurance Corporation (NDIC) Alhaji Umaru Ibrahim has said that the corporation will soon commence regulation of mobile banking in Nigeria. Speaking during the 2014 budget defence of the agency before the Senate Committee on Banking and […]

Fitch Ratings has affirmed the Long-term Issuer Default Ratings (IDR) of Zenith Bank Plc, FBN Holdings Plc and eight other financial institutions. The others are First Bank of Nigeria Limited, United Bank for Africa Plc (UBA), Guaranty Trust Bank Plc (GTB), Access Bank Plc, Diamond Bank Plc, Fidelity Bank Plc, […]