Nigerian banks

Business

Nigerian Banks on Rough Patch to Recapitalisation

Marcel Okeke, THEWILL -
October 06, (THEWILL) – Since the announcement of the bank recapitalization policy in March 2024 by the Central Bank of Nigeria (CBN), the banking industry has been undergoing a flurry of activities—both on the part of the regulators and...
Business

Parallex Bank Assures Customers Of Technology-Driven, Premium Services

Aina Ojonugwa, THEWILL -
October 20, (THEWILL) - Parallex Bank has assured customers of continued technology-driven, premium value-adding services that will exceed their expectations. Managing Director of the bank, Femi Bakre, made this known at the opening of the bank's Lekki, Lagos branch on...
Business

More Nigerian Banks To Establish Offshore Subsidiaries

Sam Diala, THEWILL -
More Nigerian banks will soon commence effective offshore operations to actualise the licence granted them by the Central Bank of Nigeria (CBN) to establish offshore subsidiaries. Data from the CBN website showed that eight deposit money banks are licensed to...
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Latest News

NewsFelix Ifijeh, THEWILL -

Ikire Killings: Police, Residents Trade Blame As Two Die, Officers Injured In Osun

The violence erupted on Monday at the Naira and Kobo area of Ikire, Irewole Local Government Area, along the Ibadan-Ife Expressway, amid an alleged struggle for control of the motor park. While the Osun State Police Command described the incident as an armed attack on its patrol team by suspected political thugs, residents and political actors in the community have accused the police, particularly the Divisional Police Officer (DPO), of involvement in the shooting.
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