Nigeria’s banking sector is undergoing a defining transformation as the central bank’s recapitalisation drive strengthens resilience, deepens confidence and positions lenders to support sustainable ...

MP Apex Bank, also known as MP Rajya Sahakari Bank, has released the official notification for the recruitment of 2076 posts, including Computer Operator, Society Manager, and Officer Grade positions ...

The Central Bank of Nigeria (CBN) has mandated a response time of less than 30 minutes for commercial banks to address electronic fraud complaints, as new ...

The Central Bank of Nigeria’s (CBN) first Treasury bills auction for 2026 saw subscriptions rise above N1.5 trillion, despite higher stop rates across all ...

Only 19 Nigerian banks had met the apex bank’s recapitalisation requirements as of January 6, 2025. The banks that have complied with the CBN’s minimum capital benchmark include Access Bank, Fidelity ...

Summit Bank Limited has announced that it has fully met the new minimum capital requirement set by the Central Bank of ...

The ban was part of a document titled Management of Dormant Accounts and Other Unclaimed Funds by Banks and Other Financial Institutions in Nigeria, which was released by the CBN on Friday. The ...

The CBN reports that 20 banks have met the new capital requirements in the ongoing banking recapitalisation, aiming to boost ...