Search Results for "financial sector"
13 results found
Recapitalisation: Labour Ministry charges banks to protect workers

…workers to bear the brunt of the ongoing recapitalisation and restructuring in the financial sector. The Ministry made the call during the 2026 World Day for Decent Work celebration organised by the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), held yesterday, at ASSBIFI House, A…

Business by nigerianewsfeed · 3 hrs ago · 0 comments · 2 views
Another tragedy as prominent Zimbabwean businessman dies at 54

…adviser to the Reserve Bank of Zimbabwe and built a prominent profile in the country's financial sectorKereke's public life was overshadowed by a conviction involving a minor, with the Supreme Court upholding his sentence in May 2024PAY ATTENTION: Find it fast with our new search feature at Legit.ng! Munyaradzi Kereke,…

General News by nigerianewsfeed · 2 days ago · 0 comments · 14 views
Fintech apps reach 88% of Nigerian smartphone users - Report

…Bank of Nigeria. Figures contained in the CBN’s 2025 Statistical Bulletin for the Financial Sector showed that the number of bank branches and cash centres across the country declined from 5,410 in 2022 to 4,934 in 2025. The decline occurred despite an increase in the number of banks operating in the country over the p…

Computers by nigerianewsfeed · 10 days ago · 0 comments · 13 views
Morning recap: INEC unveils list of Senate race, banks shut 476 branches in three years, other top stories 

…Bank of Nigeria. Figures contained in the CBN’s 2025 Statistical Bulletin for the Financial Sector showed that the number of bank branches and cash centres across the country declined from 5,410 in 2022 to 4,934 in 2025. Read the full story here:https://punchng.com/banks-shut-476-branches-in-three-years-cbn/ 3. How I f…

Politics by nigerianewsfeed · 25 days ago · 0 comments · 19 views
Nigerian Newspapers: 10 things you need to know this Monday morning

…Bank of Nigeria. Figures contained in the CBN’s 2025 Statistical Bulletin for the Financial Sector showed that the number of bank branches and cash centres across the country declined from 5,410 in 2022 to 4,934 in 2025. 7. There has been outrage among Nigerians following the killing of two Nigerian nationals, Bishop M…

General News by nigerianewsfeed · 25 days ago · 0 comments · 17 views
Peter Obi’s 2027 ambition anchored on past achievements— Media Office

…governor, Obi had a career in business and banking, including senior roles in the financial sector. That gives his presidential case a combination of private-sector, financial-management and public-sector experience.“He left office with a record that could be examined. That may ultimately be the strongest argument: Nig…

General News by nigerianewsfeed · 25 days ago · 0 comments · 17 views
How 24 firms control over 70% of Nigeria’s stock market

…the sector’s recapitalisation exercise and improved investor sentiment towards the financial sector. Top capitalised consumer goods coys In the consumer goods segment, BUA Foods led with N13.69 trillion in market capitalisation. Presco followed with N2.40 trillion, while Nestle Nigeria recorded N2.22 trillion. Nigerian…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 23 views
Wigwe varsity, ex-workers clash over arbitrary sacking, abuse claims

…Nigeria’s foremost bankers and business leaders. But his ambition stretched beyond the financial sector. Convinced that education could transform Africa’s future, he envisioned a world-class university that would nurture fearless leaders, innovators and entrepreneurs capable of competing on the global stage. The instit…

General News by nigerianewsfeed · 2 mons ago · 0 comments · 24 views
Kenya government investigates cybersecurity incident on presidential website

…cyber incident response agency warned that the attacks pose a serious threat to the financial sector and could result in significant financial losses, operational disruptions and reputational damage if not swiftly addressed.

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 26 views
Stakeholders push reforms to sustain Nigeria's economic gains

…private sector investment, improving manufacturing competitiveness, strengthening financial sector resilience, accelerating technology adoption, deepening tax reforms, promoting energy transition, expanding infrastructure financing and improving access to finance for small and medium-sized enterprises. Speakers at the…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 26 views
ACAEBIN deepens Open Banking readiness with global training

…of initiatives that strengthen the resilience and competitiveness of Nigeria's financial sector. She also said the ACAEBIN Training Academy, despite being newly established, is positioned to bridge critical skills gaps in the banking industry through specialised training programmes and workshops tailored to the evolvin…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 34 views
Nigeria's data centres face major test under CBN's local hosting mandate

Nigeria is forcing its financial sector to repatriate one of its most valuable assets: data. Under a sweeping Central Bank directive, banks, fintechs, and payment companies must move their transactional data from overseas cloud servers to data centres inside Nigeria by January 1, 2027. The mandate sets in motion one of…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 39 views
CBN revokes licences of 46 microfinance banks over regulatory breaches

…of the licenses is part of the Bank's ongoing efforts to safeguard the stability of the financial sector, protect depositors, and ensure that licensed institutions comply with current laws and regulatory requirements," the apex bank said. It added that it remains committed to promoting "a safe, sound and resilient fina…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 34 views
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