AfDB approves $35 million facility for Ecobank International affiliates The Board of Directors of the African Development Bank (AfDB) has approved a $35 million unfunded risk-sharing...
By Afrinvest Research Global Macroeconomic Review & Outlook Recovery Weakens amid Resurging COVID-19 Cases The International Monetary Fund (IMF) in its January 2020 World Economic Outlook...
The Chartered Institute of Bankers of Nigeria (CIBN) has decried rising cyber-attacks on banks and other financial institutions, which it fears could undermine the industry’s gains....
The former managing director of Fidelity Bank Plc, Nnamdi Okonkwo has debunked viral news that he was arrested by the Economic and Financial Crimes Commission, EFCC....
Fidelity Bank Plc has announced the introduction of a new savings campaign that will run till July 2022 and will see customers rewarded with cash prizes...
Heritage Bank Plc has launched Octiplus App, a robust innovative and advanced digital banking experience, “Octiplus”. Octiplus is a bank-agnostic, all-in-one digital banking application, which grants...
First Bank of Nigeria Limited created FirstSME Account to add to its SME product family in support of small and medium scale business owners by sustaining...
Financial Inclusion in Nigeria has been further threatened Nigerian banks closed 234 branches and 649 Automated Teller Machines (ATMs) in 2020. The International Monetary Fund (IMF)...
By CSL Analysts The need for improved lending to the private sector amid the pandemic-induced economic shocks on many sectors of the economy cannot be...
The Nigerian banking sector’s credit to the private sector was topped by N425 billion in September as aggregate rose from the N33.4 trillion in August to...
United Bank for Africa Plc (UBA) has reported that in the nine month period spanning January to September 2021, it received a total of N6.1 trillion...
It’s OFFICIAL! Tunde Hassan-Odukale is FBNH largest shareholder, not Femi Otedola Latest official information released by the board of First Bank of Nigeria Holdings (FBNH) has...
Financial institutions in China are working to set up their operations in Nigeria and according to the Chinese ambassador to Nigeria, Mr Cui Jianchun, Nigerians should...
After the successful completion of a proposed merger with another bank in Zambia, Access Bank has expressed possibility of raising the value of its subsidiary in...
Billionaire investor, Femi Otedola has declared 5.03 per cent ownership for FBNH, Nigeria’s oldest bank. This was confirmed in a letter published by FBNH on the...
FBN Holdings Plc Friday denied claims by online media that the Nigerian business mogul, Femi Otedola has acquired majority stake in the bank. In a statement...
The House of Representatives, on Thursday threatened to mete severe measures on Polaris Bank over a controversial payment of $32 million dollars debt the lender owes...
The House of Representatives, on Thursday, threatened that it will ask the Central Bank of Nigeria (CBN) to take over the ownership of Heritage Bank of...
United Bank for Africa (UBA) Plc has reported that its artificial intelligence banking chat bot, LEO, recorded three million users. The lender described LEO as the...
The United Bank of Africa has published the names of some individuals who applied for Personal Travel Allowance (PTA) and bought cheap dollars at the bank...