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...
FirstBank has launched the second season of its Cash Out promo designed to doll out N36 million to reward users of FirstMobile, its industry-leading mobile banking...
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) to sell their excess dollar stock latest February 1, 2024, as part of moves...
The Central Bank of Nigeria (CBN) has stated that the old N200, N500, and N1,000 banknote designs will continue to remain legal tender, ad infinitum. The...