…S&P Global Ratings raised the long-term issuer ratings of Access Bank, […] The post Nigerian banks lifted by sovereign upgrades as five gatekeepers reprice country risk appeared first on Tribune Online.
Men who worked in Nigerian banks make case for Woman called out for calling Tony Elumelu by name A number of employees who worked in banks in Nigeria have made a case for the young woman who received heat for addressing Chairman of United Bank for Africa, UBA, Tony Elumelu, by his first name. During the induction of 5,…
…three credit bureaux during the period and undertook routine inspections of some Nigerian banks’ foreign subsidiaries in collaboration with supervisory authorities in their host countries. To improve oversight, the apex bank upgraded its Credit Assessment and Analysis System to an enterprise version in 2025. The CBN al…
The Bank Verification Number (BVN) is a unique identification system used by Nigerian banks to verify customers' identities and protect financial accounts. Since the BVN records personal information such as the registered date of birth, it is important to know how to access these details when needed. This guide explain…
…rate in 2026.Fresh CBN data show prime lending rates range from 1% to over 41% across Nigerian banks. Photo: CBN>The rate opened 2026 at 32.68% in January, climbed to 35.17% in February, and held near that level through April before beginning to ease.Why Rates Are Still Moving DownIn its laest meeeting, the Monetary Po…
…engagement while maintaining a professional news tone.Reasons CBN revoked licenses of 46 Nigerian BanksLegit.ng earlier reported that the CBN has clarified the reasons behind its decision to revoke the operating licenses of 46 microfinance banks. The apex bank, in a statement signed by its Acting Director of Corporate…
…and FinBank, Sterling Bank and Equitorial Trust Bank, among many others. We have seen Nigerian banks like UBA, Zenith, GTB, Fidelity and First Bank expanding to new markets. We have seen more trust by bank customers and better regulations,” he added. According to KPMG, these two decades of reforms have expanded balance…
…ongoing bank recapitalisation programme, explaining, “Stronger capital bases will enable Nigerian banks to finance larger investments across Africa while significantly improving our financial system’s overall resilience.” “The Monetary Policy Committee will continue making decisions strictly on economic data,” he noted…
…serves more than 50 million customers across its network. His retirement comes as Nigerian banks continue to align with the CBN's corporate governance guidelines, which impose a maximum tenure of 12 years for non-executive directors to strengthen board independence and governance standards." Reacting, Elumelu on his Fa…
…fund their applications directly from foreign bank accounts," she said. She added that Nigerian banks have proven more efficient than many people assume when processing investment migration transactions, with exchange rate instability remaining the primary concern. According to her, most prospective applicants have alr…
…the shift. "I'm happy to say that we have a lot of data centres owned and managed by Nigerians that are hosting data from other jurisdictions. If people overseas can host their data here, why can't we host our own data here?" he asked. He explained that Nigeria currently has about six Tier III data centres, with additi…