Tag: NDIC

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CBN To Begin Monthly Assessment Of Banks’ Loan Records

CBN To Begin Monthly Assessment Of Banks’ Loan Records

In view of the high growth rate of bad loans in the books of banks and advice by members of the Monetary Policy Committee (MPC), the Central Bank of N...
Zenith Bank 2018Q1 Profit Up 25.6%, Hits N47.08bn

Zenith Bank 2018Q1 Profit Up 25.6%, Hits N47.08bn

The board of Zenith Bank, on Thursday presented its 2018Q1 earnings score-card, the high point of which was the 25.55% rise profit after tax to N47.07...
Cashless Banking: CBN, NCC Seal Deal To Enhance Mobile Payments

Cashless Banking: CBN, NCC Seal Deal To Enhance Mobile Payments

As part of enhancing cashless banking operations in the country, the Central Bank of Nigeria (CBN), on Tuesday in Abuja sighed a Memorandum of Underst...
SEC, CBN, Pencom, NAICOM Partner For Increased Financial Inclusion In Nigeria

SEC, CBN, Pencom, NAICOM Partner For Increased Financial Inclusion In Nigeria

Caption: Head Awareness Unit, Micro Pensions Department National Pensions Commission (Pencom), Mrs Obiageli Okosi; Head, Research Department, Pencom, ...
CBN Bars Commission On Retail Fx Sales, Intervenes With $210m

CBN Bars Commission On Retail Fx Sales, Intervenes With $210m

As agreed during last week’s meeting of the Bankers’ Committee, the Central Bank of Nigeria (CBN), on Monday announced abolition of commissions on ret...
Sterling To Seek Stand-Alone Islamic Banking Licence

Sterling To Seek Stand-Alone Islamic Banking Licence

• Says Selection Process Of New MD Rigorous, Transparent Outgoing Managing Director of Sterling Bank Plc, Yemi Adeola, at the weekend gave its futu...
Emefiele Tasks Agencies On FSS2020 Implementation

Emefiele Tasks Agencies On FSS2020 Implementation

Central Bank of Nigeria (CBN) governor, Godwin Emefiele has tasked government agencies saddled with the task of implementing the Financial System Stra...
Photo News: NDIC Holds Special Day At Kano Int’l Fair

Photo News: NDIC Holds Special Day At Kano Int’l Fair

From left, First Deputy President, Kano Chamber of Commerce & Industry, Mines & Agriculture (KACCIMA) Alh. Sani Umar presenting a gift to the Managing...
Zenith Bank Net Profit Up 112.35%, On Robust Non-Interest Income Growth

Zenith Bank Net Profit Up 112.35%, On Robust Non-Interest Income Growth

Offers N0.25 Dividend Directors of Zenith Bank Plc, on Thursday presented the result for its audited half-year ended June 30, 2017, showing while g...

NPLs: NDIC Wants CBN To Forbid Director-Related Loans In Nigerian Banks

Industry Record N5.18bn Frauds, Forgeries In Six Months Worried by the rising incidences of non-performing loans linked to bank directors, o...
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