The Nigerian Senate has directed its Committee on Banking, Insurance and Other Financial Institutions to investigate allegations of illicit and excessive charges by deposit money banks...
The Central Bank of Nigeria (CBN), on Tuesday, expressed dismay over the non-compliance with the provisions of its circular on compliance with export procedures by shipping...
First Bank of Nigeria Limited, has revealed it disbursed over N17 billion loans through through FirstAdvance, its digital lending solution. According to Nigeria’s leading financial inclusion...
Fitch Ratings has affirmed United Bank for Africa (UBA) Plc’s ratings, including the Long-Term Issuer Default Rating (IDR) at ‘B’, and removed them from Rating Watch...
Fitch Ratings has affirmed Zenith Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and removed it from Rating Watch Negative (RWN). The Outlook is Stable....
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of FBN Holdings Plc (FBNH) and its primary operating subsidiary, First Bank of Nigeria Ltd (FBN), at ‘B-‘,...
In a bid to commemorate the independence and inculcate patriotic spirit in the citizens on the importance to reflect on the past, what led them here...
First Bank of Nigeria Limited has partnered with Lagos State Employment Trust Fund (LSETF) in a matching fund scheme. According to the Nigeria’s oldest financial institution,...
Sterling Bank has secured approval in principle from the Central Bank of Nigeria to enable it restructure as a holdings company. In a filing at the...
First Bank of Nigeria Limited has announced the appointment of Mrs. Oluwande Muoyo as a Non-Executive Director. Mrs. Muoyo joined the board of FirstBank from FBN...
Seven deposit money banks (DMBs) in the country spent a total of N258.13billion on personnel in the first six months of the year, H1’20 results released...
Bayo Olugbemi, the president and council chairman of the Chartered Institute of Bankers of Nigeria (CIBN) has said bankers have critical roles to play in achieving...
Registration and linking of Biometrics Verification Number (BVN) in the Nigerian financial sector is still moving at a slow pace despite its importance to the providing...
In the first five months of 2020 spanning January to May, Nigerian banks have recorded a total of 35.19 million new bank accounts opened by account...
By CSL Analysts Yesterday, the National Bureau of Statistics (NBS) published the data on key banking sector statistics. According to the report, the total staff strength...
Total volume of 2,160,436,659 transactions valued at N263.78tn were recorded in the first six months of 2020 as data on electronic payment channels in the Nigeria...
Union Bank of Nigeria Plc has announced new appointments to it’s board of directors. Through a filing at the Nigerian Stock Exchange (NSE)in Tuesday, it aqcuainted...
Fidelity Bank Plc has posted a 33.01 per cent increase in profit after tax for the half year ended June 30, 2020. The bank’s interim statement...
the CBN in a circular freezes 38 companies' account over alleged sharp practices which are currently being investigated by the EFCC and other concerned authorities.
Access Bank Plc has announced the appointment of Hassan M.T Usman as an Independent Non-Executive Director of the Bank following an approval of the Central Bank...