Nigerian Banks
Banks Dominate Nigeria’s Suspicious Transaction Reports, Account for 92% of NFIU Filings
By Benson Daniel Deposit Money Banks accounted for about 92 per cent of all Suspicious Transaction Reports submitted to the Nigerian Financial Intelligence...
EFCC Recovers $60m for Nestoil Lenders as Debt Investigation Continues
By Benson Daniel The Economic and Financial Crimes Commission has facilitated the recovery of $60 million from indigenous oil and gas company Nestoil...
TAJBank’s Profit Before Tax Surges 74% to N31.56bn
By Benson Daniel TAJBank Limited recorded a strong financial performance in the 2025 financial year, with profit before tax rising by 74 per...
EFCC Recovers $60m for Nestoil Lenders as Debt Investigation Continues
By Benson Daniel The Economic and Financial Crimes Commission has facilitated the recovery of $60 million from indigenous oil and gas company Nestoil...
Banks Increase Agricultural Lending to N3.86tn as Oil and Gas Credit Declines
By Benson Daniel Nigerian banks have increased their exposure to the agricultural sector, with credit to agriculture rising to N3.86 trillion as lending...
Transaction Monitoring Becomes Strategic Priority for Nigerian Banks
By Benson Daniel Transaction monitoring is increasingly moving beyond its traditional role as a regulatory compliance function to become a strategic priority for...
Banks Face Rising Bad Loan Pressure After CBN Ends COVID 19 Relief Measures
By Benson Daniel Nigerian banks are experiencing renewed pressure on their asset quality following the withdrawal of the Central Bank of Nigeria's COVID...
Nigerian Banks Reassure Customers as Global Cyberattacks Intensify
By Benson Daniel Nigerian banks have reassured customers that their digital banking platforms and financial systems remain secure despite a recent surge in...
