Yemi Cardoso, Governor of the Central Bank of Nigeria (CBN) has revealed that 14 Nigerian banks have fully met the new capital requirements set under the ongoing recapitalisation exercise. Cardoso made the disclosure in Abuja while presenting a communiqué from the 302nd meeting of the Monetary Policy Committee (MPC) of the CBN. The News…
Nigerian singer Ayoleyi Hanniel Solomon, popularly known as Reekado Banks, has clapped back at an online troll who mocked him for attending a church service. The drama started after content creator Kesari shared on Instagram that he was considering drawing closer to God but was unsure whether to practice Christianity or Islam. Reekado Banks, in…
Reading Time: 3 minutes There’s a surprising scandal unfolding on X (formerly Twitter) at the moment. Rapper Azealia Banks has posted what she says are nude photos of legendary MMA fighter Conor McGregor. Banks claims that McGregor sent her the photos as private messages on X. Conor McGregor looks on from ringside prior to during…
Album Artist: Reekado Banks Title: The Game Needs You Category: Music Albums Track List: 17 songs, 47 min Released Year: 2025 Music Album Reekado Banks, a well-known Nigerian music superstar and singer, has released a fascinating rendition of “The Game Needs You (Album).” Finally, fifteen (15) fantastic tracks from this outstanding music collection will instantly…
After nearly three years of suspension on international transactions using naira-denominated debit cards, Nigerian banks have resumed these transactions, bringing relief to customers seeking seamless access to global services. United Bank for Africa (UBA) and Wema Bank recently announced the reactivation of international payment capabilities on their naira cards. This means customers can now use…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Singapore has hit banks and wealth managers including UBS, Citi and Julius Baer with its second-largest collective penalty ever in relation to a money-laundering case that dented the city-state’s clean reputation and cast a pall…
By Nupur Anand and Niket Nishant NEW YORK (Reuters) -U.S. banking giants announced plans on Tuesday to raise their third-quarter dividends after clearing the Federal Reserve’s annual health check last week. The moves come after the lenders showed they have enough capital to withstand scenarios including a severe economic downturn, spiking unemployment and market turmoil….
Stay informed with free updates Simply sign up to the US banks myFT Digest — delivered directly to your inbox. Investors reaped the rewards of looser bank supervision as Wall Street’s biggest banks announced a flood of shareholder payouts on Tuesday, after passing regulatory stress tests that imposed easier conditions than in years past. JPMorgan,…
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Imagine a world where saving money does more than just secure your future; it rewards you with exciting cash prizes. This is what you stand to receive with Stanbic IBTC Bank‘s fourth season of the Reward4Saving Promo. This edition is set to be bigger, better, and packed with more opportunities, designed to make the habit…
