In recognition of outstanding leadership and innovation, Dr. Olufemi Bakre, Managing Director and Chief Executive Officer of Parallex Bank Limited, has been honoured as the “Most...
According to the report by Expert Market Research (EMR), the global mobile banking market is projected to grow at a CAGR of 13.4% between 2024 and...
Following investigations into violations of Nigeria Data Protection Act, 2023 and the Nigeria Data Protection Regulation, 2019, Nigeria Data Protection Commission (NDPC) has fined Fidelity Bank...
Nigeria’s Financial and Insurance sector grew from 10.1 per cent in 2021 to 31.2 per cent in the first quarter of 2024, according to the newly...
Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day last week to showcase the bank’s inherent values as it embarks on its recapitalisation...
The United Bank for Africa (UBA) has released its achievement over the years as it kicked off celebration of its 75th anniversary on Monday while it...
Shareholders of Guaranty Trust Holding Company (GTCO) Plc on Thursday at the third Annual General Meeting approved the company’s plan to establish a capital raising programme of $750...
United Bank for Africa Plc (UBA), Africa’s Global Bank, released its financial results for the first quarter ended March 31st, 2024, showing very strong growth across...
By Nkiruka Nnorom Call for proactive, not reactive fiscal policy Customers’ deposit in top deposit money banks rose 66 percent Year-on-Year (YoY) to N76.04 trillion at the...
The Central Bank of Nigeria (CBN) has directed 0.005% Cybersecurity Levy deductions on electronic transfers. A circular issued by the CBN, yesterday, directed the deductions would become...
The FCMB Group has reported a profit before tax of N104.4 billion for the full-year ended December 31, 2023, a 186% year-on-year (YoY) increase compared to...
Nigeria’s listed banking stocks’ value declined by N2.069 trillion in 16 trading days following the announcement of the recapitalisation exercise by the Central Bank of Nigeria...
By Gilbert Ayoola The Central Bank of Nigeria (CBN) recently issued a directive instructing all Deposit Money Banks (DMBs) in the country to reduce their Loan-to-Deposit...
First Bank of Nigeria Holdings Plc has announced Dr Adesola Adeduntan’s resignation as the Managing Director/Chief Executive Officer of its flagship subsidiary, First Bank. In a...
HIGHLIGHTS Declares N2.30 Kobo Final Dividend Total Assets Rise by 90.2% to N20.65 trillion Shareholders’ Funds Hits N2 Trillion, Rises by 120.2% Customer deposits improved by...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled a Quick Response solution code, called the ‘Scan to Resolve Complaint’ Portal with code aimed...
Zenith Bank Plc has announced the foremost banker, Dr. Adaora Umeoji as its new Group Managing Director and Chief Executive Officer. This appointment was disclosed on...
