Weekly Newsletter
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Jaiz Bank
JAIZ BANK SIGNS AGREEMENT WITH IILM AS AFRICA’S FIRST PRIMARY DEALER
By Chioma Obinagwam Jaiz Bank, the pioneer Non-Interest bank in Nigeria, has signed an agreement with the International Islamic Liquidity Management Corporation (IILM)...
Nigeria’s President, Buhari, approves disbursement of $350m Cabotage fund
Nigeria’s President, Muhammadu Buhari, has given a nod to the disbursement of the Cabotage Vessel Financing Fund (CVFF). Confiance News gathered from a...
CBN deducts N499bn from 12 banks for Loan Ratio Default
The Central Bank of Nigeria (CBN) has deducted a total of N499,175,535,097 from the accounts of 12 banks under its supervision, over their...
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...