Tag: banks
Banks Lead ASX 200 to Record High
The Australian stock market, represented by the S&P/ASX 200 Index, experienced a significant surge, closing at a new all-time high of 7959.3 points. This milestone,[more...]
Central Bank of Nigeria Orders Banks to Implement Cybersecurity Levy
Article: The Central Bank of Nigeria has issued a directive to banks in the country to initiate the implementation of a cybersecurity levy on transactions.[more...]
Nigeria’s Banks Face Capital Raising Pressure from Central Bank
The Central Bank of Nigeria (CBN) recently issued a circular announcing the review of capital requirements for Nigerian banks. The CBN's instruction requires commercial banks[more...]
Cash Scarcity Grips Ibadan Residents, PoS Operators Profit
Residents of Ibadan have expressed their frustration over the persisting cash scarcity, with banks and Point of Sale (PoS) operators facing increasing scrutiny. Despite the[more...]
Nigeria’s Deposit Money Banks Prepare for Recapitalization: What You Need to Know
--- Nigeria's Deposit Money Banks (DMBs) are bracing themselves for another round of recapitalization as the country sets its sights on a $1 trillion economy[more...]
