Weekly Newsletter
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BOFIA
Why CBN revoked license of Heritage Bank
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria(CBN) has revoked the operating license of Heritage Bank. Confiance News gathered from...
Why CBN revoked operational licenses of 4,173 BDCs in Africa’s largest economy
By Chioma Obinagwam The apex monetary authority of Africa’s largest economy— Nigeria, the Central Bank of Nigeria (CBN), has revoked the licenses...
Why Nigeria’s Central Bank dissolved board, management of Union Bank, others
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has dissolved the Board and Management of Union Bank, Keystone Bank,...
Bank workers threaten shutdown over casualisation
…Calls for intervention of stakeholders Workers in the financial sector have threatened to shut banks and other financial institutions across the country over...
Don't Miss
Moniepoint hits ₦1trn milestone in SME Loans, marks 10 years of empowering small businesses
By Chioma Obinagwam Moniepoint Inc., Nigeria’s definitive platform for small businesses and Africa’s all-in-one financial ecosystem, today released its 2025 Year in Review,...
Why Nigeria’s Banks Still on Shaky Ground with Big Profits, Weak Capital
By Blaise UdunzeDespite the fragile 2024 economy grappling with inflation, currency volatility, and weak growth, Nigeria’s banking industry was widely portrayed as successful...