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Banking
Nigeria States Made N2.33 Trillion From PAYE In Three Years
The 36 states in Nigeria and the Federal Capital Territory earned N2.33tn from Pay As You Earn in three years,…
Amid Covid-19 Outbreak Nigerians Banks Closed 234 Branches And 649 ATMs In 2020:…
The International Monetary Fund (IMF) says Nigerian banks closed 234 branches and 649 automated teller machines…
CBN And SEC Sanction Five Banks For Various Infractions
The Central Bank of Nigeria and the Securities and Exchange Commission have sanctioned five major banks for…
FRC Vows To Deal With Banks That Gives Loan To Government And Agencies Without Due…
Fiscal Responsibility Commission has vowed to engage the services of the Independent Corrupt Practices and Other…
Central Bank of Nigeria Commence 100 For 100 Policy On Production And Productivity
The Central Bank of Nigeria has commenced the 100 for 100 Policy on Production and Productivity with the unveiling…
Zenith Bank Profit Before Tax Gain 1 Percent
Zenith Bank Plc has reported a one per cent increase in its profit before tax to N180bn in the nine months ended…
Deposit Money Banks To Deduct Loan From Debtors Account
The Deposit Money Banks are recovering debts owed by chronic debtors from their accounts in other banks to curb the…
FBN Holdings Appoints Fidelity Bank Plc Immediate Past Managing Director (Nnamdi…
The board of FBN Holdings Plc (FBNHoldings) has appointed the immediate past managing director of Fidelity Bank…
Nigeria Stock Exchange Query FBN Holdings Over Shares
The Nigerian Exchange Limited (NGX) has queried FBN Holdings Plc, the holding company of First Bank of Nigeria, for…
Nigeria Banks Will Soon Commence Operations In China: Mr Cui Jianchun
The Chinese Ambassador to Nigeria, Mr Cui Jianchun, has said Nigerian banks will soon commence operations in…
FBN Holdings Confirms Hassan-Odukale Leads Femi Otedola With 0.29% Shareholding
FBN Holdings Plc has confirmed that Mr Tunde Hassan-Odukale is the single-largest shareholder in the…
GTCO Report Profit Before Tax Of N151.91 Billion 2021 Q3
Guaranty Trust Holding Company Plc has reported a profit before tax of N151.91bn for the third quarter of 2021,…
Nigerians Downloaded Over 200,000 Wallet In 24 Hours
Nigerians displayed massive interest in the Central Bank’s eNaira initiative downloading over 200,000 wallets in 24…
Shares Of FBN Holdings Plc Rise By 127 Percent To 350,541,662
The volume of activities on the shares of FBN Holdings Plc, the parent company of First Bank Nigeria Limited rose…
National Pension Commission Recovered N19.29 Billion Unremitted Monthly Pensions…
The National Pension Commission says it has recovered N19.29bn monthly pensions deducted by employers from…
United Bank Of Africa Recorded N490.3 Billion Gross Earning In Q3
United Bank for Africa, UBA Plc has recorded N490.3 billion gross earnings for the third quarter ended September…
What To Know About Nigeria Digital Currency
On Monday, President Muhammadu Buhari unveiled eNaira, Nigeria’s digital currency.
At the launch, Buhari said…
Analysts Projects A Spike In FBN Holdings Share Price
Shareholders and analysts in the Nigerian capital market have projected a rise in the share price of FBN Holdings…
Nigeria: President Muhammadu Buhari Launch E-Naira
The President, Major General Muhammadu Buhari (retd.), on Monday, launched the eNaira platform.
The eNaira is a…
CBN Introduces E-Naira Speed Wallet And E-Naira Merchant Wallet
The Central Bank of Nigeria has finally launched its Central Bank Digital Currency called eNaira on Monday.
The…
AMCON Yet To Pay Arik Air Unsecured Debt Since It Took Over
The Asset Management Corporation of Nigeria “AMCON” has refused to pay to the aviation agencies N9.6 billion and…
HSBC Pre-Tax Profit For Q3 Jumped 75.8 Percent
HSBC on Monday reported third-quarter earnings that handily beat expectations and announced plans for a share…
President Of Federal Republic Of Nigeria To Unveil Central Bank Digital Currency…
President Muhammadu Buhari will unveil the Central Bank Digital Currency, known as the eNaira, today at the State…
Pension Fund Administrators Invested N2.05 Trillion Pension Fund In Banks In 6…
The total amount of pension funds invested in banks by Pension Fund Administrators rose to N2.05tn at the end of…
FBNH’s Equity In Airtel Nigeria Could Be Over N200 Billion
FBN Holdings Plc, a major beneficiary of Airtel Africa’s buy-back of the unquoted shares of Airtel Nigeria, could…
First Bank OF Nigeria Holdings, Battle Of Major Stakeholder
There is a struggle for the control of Nigeria’s premier banking institution, FBN Holdings Plc.
The fight is…
FBN Holdings Now Aware Of Mr Otedola’s 5.07% Equity Stake
FBN Holdings Plc, the holding company of First Bank of Nigeria, says it has received notification that Femi…
Femi Otedola Acquire 30 Billion Worth Of Shares In First Bank
From having a humongous loan portfolio of N192 billion in 2012 via his then Zenon Petroleum and Gas Ltd which was…
BVN: Violators Will Be Sanctioned- Central Bank of Nigeria
The Central Bank of Nigeria has said in its revised regulatory framework for Bank Verification Number operations…
Nigeria E-Payment Rose By 6.37% In September
The value of e-payment transactions in Nigeria rose by 6.37 per cent to N24.08tn in September.
This was…