How Nigerian Bank Customers Lost N1.17 Billion to Frauds — FITC
A report by FITC has revealed that bank customers in Nigeria lost a total of N1.17 billion to fraud in Q2 2022. FITC disclosed that[more...]
Tag: #bank
Bank Customers Transfer Increase by 142% as Customers Transfer N19.4 trillion
Transactions carried out over mobile devices by Nigerian bank customers hit N19.4 trillion in 2022 indicating a 142% year-on-year increase when compared to N8 trillion[more...]
Telecom Operators to Withdraw Services to Banks Over Unpaid Debts
Telecommunications operators are threatening to withdraw their services to banks and other financial institutions in the country due to the unwillingness of the banks to[more...]
13 banks Generate N2.04 Trillion From CBN’s increase in Monetary Policy Rate (MPR)
Since the Central Bank of Nigeria, CBN introduced a hike in the Monetary Policy Rate (MPR) from 11.5 per cent to 13 per cent in June 2022, 13[more...]
The 10 Largest Banks in Africa Based on Asset and Size
Findings by Statista, the leading markets and consumer data provider show that Kenya and Egypt have the highest concentration of commercial banks at 39 and[more...]
Access Bank gains N5 billion from digital lending in the first six months of 2021
Access Bank’s digital lending revenue has increased from N1 billion in the first half of 2019 to N5 billion in the first half of 2021,[more...]
