Commercial Banks
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Business
Nigerian banks lost N42.6bn to fraud in three months – FITC
The implementation of multi-factor authentication and role-based access controls can aid in reducing the risk of unauthorized changes to settlement…
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Business
Five banks budget $1.20bn for cybersecurity
Financial institutions that have started raising capital have stated that they will allocate $1.20bn from the proceeds to invest in…
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Economy
Non-Performing Loans in Nigeria’s banks drop to 3.9% in June – CBN
The Nigerian banks’ Non-Performing Loans NPLs (Bad Loans) fell to 3.9 percent in June 2024 compared with 4.8 percent in…
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