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Osinbajo: Nigerian banks have to reform to survive what is coming

    Osinbajo: Nigerian banks have to reform to survive what is coming

Vice-President Yemi Osinbajo says there is a need to reform Nigerian banks for them to meet up with the inevitability of the Fintech revolution. Speaking at the ongoing first ever

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Constitutionality of banks as tax collectors

    Constitutionality of banks as tax collectors

BY ABUBAKAR SANI The Association of Bureau De Change Operators of Nigeria recently raised an alarm over the on-going practice of banks denying their members access to their funds on

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Magu: EFCC ready to assist banks on verge of collapse

    Magu: EFCC ready to assist banks on verge of collapse

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says a number of Nigerian banks are on the brink of collapse due to huge debts owed by

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Fitch: Some Nigerian banks may struggle to remain profitable in 2018

    Fitch: Some Nigerian banks may struggle to remain profitable in 2018

Fitch, one of the big three rating agencies in the world, says Tier 2 Nigerian banks may struggle to remain profitable in 2018. In a statement released on Thursday, Fitch

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Adegboruwa: BVN not backed by law… court order to freeze bank accounts illegal

  Adegboruwa: BVN not backed by law… court order to freeze bank accounts illegal

Ebun-Olu Adegboruwa, human rights lawyer, has described as illegal, the order granting forfeiture of funds in accounts without bank verification

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Some banks are aiding and abetting corruption, says Magu

  Some banks are aiding and abetting corruption, says Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), has lamented the non-compliance with regulations on money

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Obasanjo urges banks to lower interest rates for farmers

  Obasanjo urges banks to lower interest rates for farmers

Ex-president Olusegun Obasanjo has urged commercial banks to lower interest rates for farmers to enable them to access loans for

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Mob sets banks ablaze as policeman ‘kills’ tanker driver (updated)

  Mob sets banks ablaze as policeman ‘kills’ tanker driver (updated)

A mob has reportedly set ablaze buildings of two banks – Sterling and Diamond – located in Apapa, Lagos, after

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‘Takeover’ won’t affect you, NCC assures 21m Etisalat subscribers

  ‘Takeover’ won’t affect you, NCC assures 21m Etisalat subscribers

The Nigerian Communications Commission (NCC) has assured 21 million Etisalat subscribers that the telco’s N541 billion debt and brewing takeover

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Etisalat: We are yet to seal a deal on multi-billion naira debt

  Etisalat: We are yet to seal a deal on multi-billion naira debt

Etisalat Nigeria says it is still in discussions with banks regarding existing multi-billion naira debt obligations under the syndicated loan

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