The Central Bank of Nigeria (CBN) has issued a clarification regarding its policy on dormant accounts, specifying that only those...
Banking and Finance
Kenya's banking sector is increasingly adopting artificial intelligence (AI) as a strategic tool to combat internal fraud and theft, reflecting...
The Nigerian government is poised to collect over N425bn from seven banks through a one-time windfall tax on their foreign...
Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has raised concerns about the vulnerability of dormant accounts to...
In 2023, eleven major Nigerian banks collectively incurred a total tax burden of N575.168 billion, marking a dramatic 175% increase...
Leading multinational financial service provider in Nigeria, Zenith Bank, has for the fifteenth consecutive year retained its position as the...
Banks in South Africa are reportedly closing ATMs due to including increased digital banking adoption, as more customers transition to...
Jaiz Bank, a trailblazer in Nigeria’s non-interest banking sector since its inception in 2012, is poised to increase its capital...
Nigerian banks’ loans and support for the private sector soared to approximately N74.31 trillion by the end of May 2024,...
Nigerian banks experienced a significant decrease in financial fraud losses in the first quarter of 2024, with the total amount...
