Nigerian banks

May 15, (THEWILL) – The astronomical rise in banks’ profits as reflected in the 2024 full year financial report has exposed the banking industry as a lucrative enterprise powered by arbitrary charges imposed on unwilling customers. In some cases,...

October 14, (THEWILL) – There is no hiding place for Nigerians as they grapple with different difficult circumstances of everyday subsistence. Frustration and despair intrude into Nigeria’s daily survival procedure unhindered. It seems alien creatures have descended from Jupiter,...

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...

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...

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...