Guaranty Trust Holding Company Plc (GTCO) has disclosed the receipt of the final approval of the Central Bank of Nigeria (CBN) for its wholly owned Payment Subsidiary,...
Union Bank of Nigeria Plc is undergoing massive restructure following the recent execution of a Share Sale and Purchase Agreement (SSPA) between the Bank’s majority shareholders...
Titan Trust Bank Limited (TTB) yesterday completed the acquisition of majority equity stake of 89.39 per cent in Union Bank of Nigeria (UBN) Plc, effectively becoming...
In collaboration with Interswitch, FirstBank has launched a promo to reward users of the FirstMobile app, its industry-leading mobile banking application. The promo tagged FirstMobile Cash-out...
AppZone, Sub-Saharan Africa’s payment infrastructure company, announced that the Central Bank of Nigeria (CBN) has issued the organization an approval in principle to operate under the...
Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced the expansion of the services of Leo, its Artificial Intelligence chatbot to Google Business Chat and Instagram....
Access Holdings Plc has dissociated itself from Access Capital Daily Investment, an online investment platform that crowdfunds from members of the public and promises “fictitious but...
The aggregate Non-Performing Loans of nine banks increased to N814.08bn in 2021, representing a 3.16 per cent increase from the N789.14bn reported in 2020, according to...
Senior Management Executive of Heritage Bank Plc received the “Heart of Gold” award by EveAfrique organiser of the annual Red Ball for Charity. The awardee, Osepiribo...
Unity Bank Plc has declared a profit before tax of N3.33 billion in the financial year ended December 31, 2021, indicating a 49.9 per cent increase from the N2.22...
Zenith Bank Plc has grown its total assets above N10 trillion to hit N10.32 trillion in the first quarter of 2022 from N9.45 trillion it stood...
Nigeria’s premier banking institution and leading financial services inclusion services provider, First Bank of Nigeria Limited has won two awards: Best Bank in Nigeria 2022 and Best...
Guaranty Trust Holding Company Plc (GTCO Plc) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2022, to the Nigerian...
Shareholders of Guaranty Trust Holding Company (GTCO) Plc have unanimously endorsed the payment of a total dividend of N3 per share for the financial year ended...
A mortgage bank with headquarters in the Federal Capital Territory, Abuja, has lost prime properties valued at about N2 billion for defaulting on a loan obtained...
The Central Bank of Nigeria (CBN) has imposed an N800 million fine on three Deposit Money Banks (DMBs) in the country for violating regulations barring customers...
Shareholders have approved the payment of 2.80k dividend per share by the board of Zenith Bank which added to the earlier interim dividend of 30k to reach a...
The world’s banking systems saw significant capital increases ahead of the pandemic and are resilient to very large shocks. The Global Bank Stress Test is a...
First Bank of Nigeria Limited has revealed there will be favourable consideration for women-owned and led small businesses in benefiting from a $100 million credit facility...
The Deputy Managing Director of First Bank Nigeria Limited, Mr Gbenga Shobo has said the bank’s First Global Transfer (FGT) has contributed to the increase in...