11 results
- 9 May 2024
CBN Unveils List of Licensed Deposit Money Banks
Central Bank of Nigeria (CBN) has released the list of licenced Deposit Money Banks operating in the country. Providing insights into the banking landscape in Nigeria, the list was made public on the…
- 6 Nov 2019
Globus Bank Begins Operation
Globus Bank Limited, a new bank licensed by the Central Bank of Nigeria (CBN), has announced the launch of its operations in Nigeria. The Bank aims to be the leading digital bank in the country by…
- 23 Jul 2019
CBN Gives 3 New Banks Nod to Start Operations
Central Bank of Nigeria (CBN) has confirmed the licensing of three new banks by adding them under different lists published on its website. The new operators are Titan Trust Bank Limited, TAJ…
- 3 Sept 2024
Rating Agencies Reaffirm Globus Bank National Credit Rating of A-, Stable Outlook
Globus Bank said Nigeria’s foremost rating agencies, Agusto & Co last month, affirmed its A- rating, describing the bank as “A financial institution of good financial condition and strong…
- 14 Nov 2023
Interswitch System Glitch: Court Orders Freezing of Accounts in 54 Banks
Justice Peter Lifu (JP) of a Federal High Court sitting in Lagos has granted an order freezing some accounts in about 54 financial institutions in the country where alleged funds from Interswitch…
- 25 May 2026
NIBSS Blames System Glitch for Disappearance of N13.66Bn, Seeks Court Nod for Recovery
Nigeria Inter-Bank Settlement System Plc (NIBSS) has sued 19 commercial and microfinance banks, over N13.66 billion allegedly lost to unauthorized transfers following a major glitch on its payment…
- 19 Feb 2020
CBN Releases List of Authorised Banks in Nigeria
Central Bank of Nigeria (CBN) has released the list of deposit money banks and financial holding companies operating in Nigeria, meaning that anybody who transacts banking business outside the list…
- 7 Oct 2025
FG-backed mortgage reforms help over 700 Nigerians become homeowners in 6 months
More than 700 Nigerians have successfully transitioned from renters to homeowners within six months, following the implementation of landmark mortgage reforms spearheaded by the Federal Government…
- 21 Dec 2021
CeBIH Seeks Collaboration to Fix Challenges Facing e-Business Industry
Adeyemi Atanda, the Chairman of the Committee of E-Business Industry Heads (CeBIH), has stated that the challenges facing the e-business industry in Nigeria could be fixed if more collaboration is…
- 13 Sept 2016
Release my $15m, Mrs. Jonathan Tells EFCC
Dame Patience Jonathan, the wife of former President Goodluck Jonathan, said she was using her $15m, which was frozen in four companies’ accounts, to settle medical bills while she was out of the…
- 5 Oct 2025
NIBSS Targets Zero Transfer Fees on Instant Payments by 2026
Nigeria’s Interbank Settlement System (NIBSS) has unveiled plans to eliminate transfer fees on its NIBSS Instant Payment (NIP) platform by 2026, a move designed to accelerate the country’s transition…