Category : Search result: Nigerian banking sector


Nigerian Banks Lose Billions to Fraud in 2025

New data reveals alarming fraud cases across Nigerian banks with millions disappearing through digital channels. Discover the banks most vulnerable to financial crimes and what this means for customers.

FG Pays ₦12B Health Workers Arrears in 72 Hours

Federal Government commits to settling ₦11.995 billion in withheld salaries for doctors and healthcare professionals, promising payment within three days to resolve lingering industrial disputes.

SROL Champions Community Impact at Nigerian Mining Week

Strategic Resources Orthopaedics Limited (SROL) made waves at Nigerian Mining Week 2025, unveiling groundbreaking initiatives that promise to transform mining communities through sustainable development and local empowerment.

NGX Gains ₦285BN as Market Stages Impressive Comeback

The Nigerian Exchange Limited staged an impressive recovery, adding ₦285 billion in market capitalization as banking and insurance stocks led a bullish charge, reversing previous losses and signaling renewed investor confidence.

Nigeria Healthcare Crisis: Medical Exodus Reaches Emergency Levels

The Chief Medical Director of UNIOSUN Teaching Hospital reveals Nigeria's healthcare sector is bleeding professionals to foreign nations. Discover the shocking statistics and the urgent call for government intervention to save our hospitals from collapse.

CIoTA Champions Professionalism at Transport Summit

The Chartered Institute of Transport Administration of Nigeria emphasizes professionalism and institutional participation at major transport summit, calling for transformative changes in Nigeria's transport sector.

Tinubu Boosts Local Medicine Manufacturing in Nigeria

President Tinubu's administration takes decisive action to revolutionize Nigeria's pharmaceutical sector with new policies aimed at boosting local medicine manufacturing and reducing import dependency.

Bank MD Jailed: 12-Year Sentence for N135M Fraud

A Nigerian High Court has convicted and sentenced a bank Managing Director to prison for misappropriating customer funds totaling N135 million in a landmark financial crime case.

Babcock Student Cries Over Debit Card Payment Stress

A Nigerian university student shares her emotional story of frustration and relief after a simple card payment turned into a stressful ordeal, highlighting banking challenges faced by students.

GTCO Records ₦900.8 Billion Profit in Q3 2024

Guaranty Trust Holding Company Plc (GTCO) announces exceptional financial performance with Profit Before Tax hitting ₦900.8 billion in Q3 2024, showcasing remarkable growth and market leadership.

UBS Beats Expectations with $1.8 Billion Profit

Swiss banking powerhouse UBS delivers stunning Q1 results, exceeding expectations with $1.8 billion profit and recovering massive provisions. Nigerian investors watch closely as global banking shows strong recovery signs.

Lady Shows Massive OPay Balance - Goes Viral!

A young Nigerian woman has set social media ablaze after proudly displaying her impressive OPay bank account balance online, sparking massive reactions and financial envy across platforms.

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