Seven Nigerian Banks Record N209.16bn Profits     Seven Nigerian banks recorded a combined profit after tax of N209.16bn in the first quarter of this year, their unaudited financial results showed. The banks are Zenith Bank Plc, Guaranty Trust Bank Plc, Access Bank Plc, United Bank for Africa...

Nigerian Banks Spent N200bn Preventing Cyber Attacks In 2019   Nigerian banks were estimated to have spent about N200billion preventing various forms of cyber attacks on their operations in the country in 2019. The Nigeria Computer Society (NCS), which revealed this, yesterday, said more efforts must be...

Nigerian Banks Borrow N764.32bn From Pension Fund   Nigerian banks borrowed N764.32bn from the total pension funds under the Contributory Pension Scheme as of the end of September this year. Figures obtained by our correspondent from the National Pension Commission revealed that the amount translated to 19.16...

There is no gain saying the fact that banking sector is the nerve centre of any economic that aspires to stand tall among its global counterparts.To this end, modern banking commenced in Nigeria in 1892 with ownership then dominated by foreigners. This contributed significantly...