Browsing Category
Banking
BVN Enrolments Surge by 854,267 to 62.7m in Two Months
Bank Verification Number (BVN) registrations in Nigeria have risen to 62.7 million as of July 2024, up from 61.87!-->…
FCMB Lifts Female Entrepreneurs With Zero-Interest Loans
The First City Monument Bank (FCMB) is addressing gender inequality in Nigeria’s business sector with its!-->…
Access Bank Disburses N740b To 18m Digital Borrowers
Access Bank has disbursed N740 billion to 18 million borrowers through its digital lending services since!-->…
Zenith Bank Retains Position as Nigeria’s Number One Bank By Tier-1 Capital for…
For the fifteenth consecutive year, Zenith Bank Plc has been recognized as the Number One Bank in Nigeria by!-->…
CBN drops BDC operators in $123m sale
The Central Bank of Nigeria (CBN) excluded Bureau De Change (BDC) operators from its latest forex sales, amounting!-->…
Keystone Wins Retail Bank of the Year 2024 Award
Keystone Bank Limited has been recognized as the 'Retail Bank of the Year' at the Africa Industrial and!-->…
First Bank, others join Zone decentralised payment network
First Bank, United Bank for Africa (UBA), and Zenith Bank have joined Zone’s decentralized payment network.
!-->!-->!-->…
Access Holdings Launches N351 Billion Rights Issue
Access Holdings Plc, a top financial services group in Africa, has begun a N351 billion Rights Issue to enhance!-->…
World Bank Appoints Dr. Ndiamé Diop as New Country Director for Nigeria
The World Bank has appointed Dr. Ndiamé Diop as the new Country Director for Nigeria, succeeding Shubham!-->…
UBA’s GMD appointed Chairman, CIBN Body of Banks’ CEOs
Oliver Alawuba, Group Managing Director and CEO of United Bank for Africa (UBA) Plc, has been appointed Chairman!-->…
Zenith Bank Wins Best Commercial Bank and Best Corporate Governance Awards for…
Zenith Bank Plc has been named the Best Commercial Bank in Nigeria for the fourth consecutive year in the World!-->…
Wema Bank Launches CoopHub to Empower Cooperative Societies
Wema Bank has launched CoopHub, a digital solution designed to empower cooperative societies, during the!-->…
Access Holdings’ N351bn Rights Issue opens for subscription
Access Holdings Plc has announced the commencement of its N351 billion Rights Issue, part of a larger Capital!-->…
Banks’ weekly borrowing from CBN jumps to N5.38trn on liquidity demand
The recent data from the Central Bank of Nigeria (CBN) reveals a significant increase in borrowing by Deposit!-->…
Union Bank promotes 337 employees
Union Bank of Nigeria has announced the promotion of 337 employees across its various departments. The bank's!-->…
‘FirstBank Committed to Boost Economy through Creative Arts’
Dr. Timothy Arowoogun, Group Head, Public Sector West of FirstBank of Nigeria (FBN), emphasized the potential of!-->…
PalmPay Insists on CAC Registration to Prevent Account Freezing
PalmPay is urging its Business users to register and submit their Corporate Affairs Commission (CAC) details by!-->…
Nigeria’s Treasury Bills debt surges to N10.4 trillion, largest balance in…
Nigeria's Treasury Bills (T-Bills) debt has surged to a record N10.4 trillion, marking a 60% increase in just!-->…
Access Bank Launches Season 6 of Womenpreneur Pitch-A-Ton Programme
Access Bank has opened registration for the sixth season of its Womenpreneur Pitch-A-Ton programme, aiming to!-->…
Pensioners with Heritage Bank to provide accounts
The Pension Transitional Arrangement Directorate (PTAD) has requested Defined Benefit Scheme (DBS) pensioners with!-->…
World Bank Allocates $45.5M to Nigeria’s NIMC for Digital ID Project
The World Bank has disbursed $45.5 million to Nigeria’s National Identity Management Commission (NIMC) under the!-->…
NOVA Merchant Bank Transitions to Commercial Bank
NOVA Merchant Bank Limited has obtained approval to transition into a national commercial bank, announced Phillips!-->…
First Bank of Nigeria Appoints Olusegun Alebiosu as CEO, Ini Ebong as Deputy MD
First Bank of Nigeria Limited has officially named Olusegun Alebiosu as its new Managing Director and Chief!-->…
Fidelity Bank: we have all it takes to surpass N500b capital
Fidelity Bank Plc has announced a capital-raising initiative of N127.10 billion to enhance its market position and!-->…
Swiss National Bank Calls for Stronger Financial Regulations Post Credit Suisse…
Switzerland's financial regulations need strengthening after UBS's takeover of Credit Suisse, according to the!-->…
Wemabod gets new MD
Wemabod Limited has announced a leadership transition with the appointment of Bashir Oladunni as the new Managing!-->…
Recapitalisation: Wema Bank Gets Approval For N40bn Rights Issue
Wema Bank has announced the successful conclusion of the first tranche of its recapitalisation exercise, securing!-->…
NDIC Lists Heritage Bank Assets for Sale Nationwide Following License Revocation
The Nigeria Deposit Insurance Corporation (NDIC) has announced the sale of Heritage Bank's assets nationwide!-->…
Sterling Bank partners SPPG for credential verification via blockchain tech
Sterling Bank has partnered with the School of Politics, Policy, and Governance (SPPG) to transform the!-->…
FG Seeks $500M World Bank Loan for Rural Roads and Agricultural Marketing…
The Federal Government of Nigeria is pursuing a $500 million loan from the World Bank to enhance rural roads and!-->…