The Central Bank of Nigeria (CBN) has reiterated the need for further recapitalization of banks to bolster the nation’s financial stability. CBN Governor, Dr. Olayemi Cardoso,...
Investors on the Nigerian stock market faced a turbulent week, particularly in the banking sector, following the Central Bank of Nigeria’s announcement of proposed recapitalization measures...
The Nigeria Labour Congress (NLC) and the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) have sounded alarms over potential job losses amid...
Commercial banks in Nigeria are pressing the Central Bank of Nigeria (CBN) for a clearer directive regarding the treatment of retained earnings as the countdown to...
In a recent directive, the Central Bank of Nigeria (CBN) has called upon deposit money banks across the nation to accelerate their efforts to bolster their...