nigerian banking sector
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Nigeria Otedola Endorses Windfall Tax, Criticizes Banks’ $50M Jet Spending
Femi Otedola supports Nigeria's windfall tax on banks, advocating for the use of funds to improve public services like healthcare and education. He criticized banks' $50 million annual spending on private jets and emphasized the need for ethical reforms and a focus on operational efficiency and...- Nigeria News
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- femi otedola nigerian banking sector windfall tax nigeria
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Nigeria First Bank Fights to Salvage N400bn Loan Amid Heritage Bank's Collapse
Heritage Bank's collapse leaves First Bank facing a potential N400 billion loan loss. With 90% of Heritage Bank's loans classified as lost or doubtful, the CBN revoked its license. Depositors face uncertainty as First Bank scrambles to recover the loan, sending shockwaves through the Nigerian...- Nigeria News
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- cbn central bank of nigeria first bank loan recovery heritage bank collapse nigerian banking sector non-performing loans
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Nigeria ATM Crisis: Nigerians Accuse Banks of Conspiracy with PoS Operators
The frustration among Nigerian bank customers is palpable as the specter of "temporarily unable to dispense cash" haunts Automated Teller Machines (ATMs) across the nation. With an increasing number of empty ATMs, a wave of allegations has emerged, accusing Deposit Money Banks (DMBs) of...- Nigeria News
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- banking crisis central bank of nigeria empty atms nigerian banking sector point of sale operators pos operators
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Nigeria First Bank CEO Adesola Adeduntan's Surprise Resignation Shakes Up Nigerian Banking Sector
Adesola Adeduntan, the managing director and CEO of First Bank of Nigeria Ltd, has announced his resignation, effective April 20, 2024, ahead of the scheduled end of his tenure on December 31, 2024. In a letter addressed to Tunde Hassan-Odukale, the bank's board chairman, Adeduntan expressed...- Nigeria News
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- adesola adeduntan first bank ceo nigerian banking sector
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Nigeria Zenith Bank Set to Appoint Dame Adaora Umeoji as New GMD/CEO
Zenith Bank, one of Nigeria’s prominent financial institutions, is poised to announce Dame (Dr.) Adaora Umeoji as its new Group Managing Director/Chief Executive Officer (GMD/CEO), succeeding Dr. Ebenezer Onyeagwu. Her appointment aligns with the bank’s succession plan, with a preference for...- Nigeria News
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- dame adaora umeoji dr. ebenezer onyeagwu gmd/ceo nigerian banking sector zenith bank zenith banks new ceo
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Nigeria Aigboje Aig-Imoukhuede Returns to Access Holdings Board as Chairman to Navigate Post-Wigwe Era
Aigboje Aig-Imoukhuede, a prominent figure in Nigerian business circles, has been reinstated as the non-executive chairman of Access Holdings after a decade-long absence from the position. In a statement released late Wednesday, the company secretary Sunday Ekwochi announced Aig-Imoukhuede's...- Nigeria News
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- access holdings chairman aigboje aig-imoukhuede herbert wigwe nigerian banking sector
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Nigeria Nigerian Business Titans Unite in Emotional Tribute to Late Access Bank CEO, Herbert Wigwe
In a profoundly moving "Night of Tributes" dedicated to honoring the life and accomplishments of the late Chief Executive Officer of Access Corporation Plc, Herbert Wigwe, a distinguished assembly of corporate magnates, political figures, and business leaders converged to celebrate the enduring...- Nigeria News
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- access bank ceo access corporation plc access holdings plc adesina akinwunmi aliko dangote herbert wigwe herbert wigwes funeral nigerian banking sector nigerian business leaders wale edun
- Category: Business
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Business Stress test: Nigerian banking sector remain strong – central bank governor – TODAY
The Governor of Central Bank of Nigeria, Mr Godwin Emefiele on Sunday said that the Nigerian banking sector is strong in spite of the fact that some banks failed its stress test. Emefiele said this during a media briefing on the sidelines of the annual meetings of … Read more via TODAY –...- Nigeria Business News
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CBN Captures 31million Nigerians In BVN Project – Leadership Newspaper
About 31 million bank account holders in the Nigerian banking sector have been put under the Central Bank of Nigeria-initiated Bank Verification Number (BVN). The initiative was introduced to ensure unique identifier in the Nigerian banking industry, address the absence of a unique identifier in...- curator
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Business Nigeria's Banking Sector Bleeds
The banking industry is seriously reacting to economic squeeze by downsizing their staff roll in order to survive. Skye Bank sacked about 175 workers, Diamond bank sacked 200, saying the sacking of the 200 workers was in line with its strategic plan to drive shareholders’ value. while Access...- ProfRem
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