Central Bank of Nigeria (CBN) - Ict Business Week

NDIC Moves to Boost Customers’ Confidence in Nigerian Banks

The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to safeguarding the nation’s financial system, announcing that its recent upward review of the maximum deposit insurance coverage now protects about 99% of depositors in the Country. Kabir Katata, Executive Director (Operations), NDIC, stated this on Wednesday at the Corporation’s 2025 Stakeholders’ Town Hall Meeting […]

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February 13, 2026
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CBN Grants BoI Approval to Operate Non-interest Banking

The Bank of Industry (BoI) said it has received regulatory approval from the Central Bank of Nigeria (CBN) to operate a Non-Interest Banking (NIB) Window, marking a significant milestone in the bank’s growth and long-term development agenda. A statement from the bank said the approval authorises BoI to commence Non-Interest Banking operations, positioning the bank […]

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February 9, 2026
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Shareholders Endorse Providus–Unity Banks Business Combination

Rising from a court-ordered Extraordinary General Meeting (EGM) on Friday, the shareholders and Boards of Directors of Providus Bank and Unity Bank have given their resounding approval to proceed with the business combination of the two financial institutions. The nod to go ahead by the boards and shareholders of the two institutions signifies a moment […]

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September 27, 2025
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Tag: Central Bank of Nigeria (CBN)

NDIC Moves to Boost Customers’ Confidence in Nigerian Banks

CBN Grants BoI Approval to Operate Non-interest Banking

Shareholders Endorse Providus–Unity Banks Business Combination

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