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...
Savers entrust lender with N4.8trn in 6 months Profit before tax at N57.1bn Gross earnings surpass N300bn Asset valuation hits N6.8trn __________________________ The United Bank for...
Increased liquidity in the banking sector has continued to raise the lending institutions’ capacity to increase credit to the economy. The Deposit Money Banks and merchant...
The Managing Director/Chief Executive Officer of Polaris Bank Limited, Tokunbo Abiru, has announced his retirement from the service of Polaris Bank. His exit from the bank...
According to the statement, the new members to be admitted would consist of 899 newly qualified Associates, 37 Chartered Banker MBA graduates...
Director, Financial Policy and Regulation at the Central Bank of Nigeria, Mr. Kevin Amugo, says Nigerian banks recovered about N50.32m bad loans from debtors within nine...