First Bank
GTB, Zenith Bank, First Bank, others lead as unclaimed dividends hit N79bn, SEC raises alarm
About eight commercial banks in Nigeria have recorded N79 billion in unclaimed dividends in the first half of 2023, representing an increase of 8% in six months.
CBN orders debit of defaulters as GTB, First Bank, 2 others record N478 billion in bad loans
First Bank, Fidelity Bank, Guarantee Trust Bank and First City Monument Banks have recorded about N478 billion in non-performing loans in H1 2023.
Ecobank, Zenith Bank, GTB, 7 other banks record N1.19trn in salaries, operating expenses in 6 months
About 10 banks in Nigerian banks, led by Ecobank recorded about N1.19 trillion in salaries, charges, IT costs and other operating costs in the six months of 2023.
CBN debits Zenith, Access Bank, UBA, others N216 billion cash in one month
The Central Bank of Nigeria has debited commercial banks about N216 billion cash for the month of June primarily from Cash Reserve Ratio (CRR) of the banks.
"We're sorry": Access Bank, UBA, Zenith, other Nigerian banks to close thousands of branches
Employees of Nigerian banks have announced that all bank branches will be shut beginning Tuesday, September 5, 2023, to join the two-day warning strike by NLC.
First Bank, Ecobank, 4 others generate N891bn from loan to customers in six months of 2023
In the first six months of the year 2023 which ended on June 30, six banks reportedly generated N891.1bn collectively from loans and advances to consumers.
“We regret”: First bank speaks as customer’s N68m savings vanished from account, remaining N3K
First Bank of Nigeria has reacted to the reports of an illegal withdrawal of N68 million from its customers' accounts and has promised a solution is coming soon
NGX fines Ecobank, Fidelity Bank, PZ Cussons, 23 others N125m for missing deadline for report submission
The Nigerian Exchange has fined a total of 26 companies listed N125 million for not submitting their financial reports for Q4 2022 and Q1 2023 as required.
Access Bank, Dangote, GTB, others take lead as Nigeria’s most valuable brands in 2023
A recent report has revealed that the Dangote Group, Access Bank, Zenith Bank, GTBank, MTN and Airtel are among the top 10 most valuable brands in Nigeria.
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