Total credit facilities released by Nigerian banks to both government and private sector players in Nigeria stood is estimated at N24.97 trillion as of September, 2021....
The Managing Director and Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, last year saw his tenure extended as part of efforts to...
The Central Bank of Nigeria (CBN) says it will improve access to finance and credit for households, small and medium-sized enterprises (SMEs) in 2022. The CBN...
The Securities and Exchange Commission (SEC) has warned Nigerians against investing in FinAfrica Investment Limited and Poyoyo Investment Nigeria Limited (PILVEST). SEC in a statement issued...
Total currency in circulation in Nigeria rose by additional N180 billion in November as the aggregate money held by Nigerians and banks in the country rose...
For centuries, there have been heated debates over the sources of economic growth in developing economies and why some countries reflect strong economic growth compared to others....
By Ekerete Ola Gam-Ikon Earlier in the year, as the challenges of COVID-19 pandemic raged on, individuals and businesses were seemingly settling down to accept the option...
The board of Wema Bank Plc will on Friday, December 31, 2021, hold a court-ordered meeting for the purpose of a share reconstruction, where the directors...
First Bank of Nigeria Ltd has unveiled the 2021 calendar of events for its annual DecemberIssaVybe campaign. In a press release, the lender said that the...
The Board of Directors of the African Development Bank (AfDB) has approved a line of credit of €70 million and an equity investment of $24 million...
As part of the ongoing investigations of the former Minister of Petroleum Resources, Diezani Alison-Madueke, the Economic and Financial Crimes Commission has arrested a former Managing...
The value of electronic payments in Nigeria has risen to N247.43 trillion in 11 months, according to data obtained from the Nigeria Inter-Bank Settlement System (NIBSS)....
Users of Firstmonie Wallet are in for an exciting time as they are being rewarded for their continued patronage of its services in a two-month campaign,...
The National Pension Commission (PenCom) has disclosed that as at November, 72,000 participants have been registered under the Micro Pension Plan (MPP). This was disclosed by...
The Nigeria Deposit Insurance Corporation (NDIC) says it has paid a total of N113.4 billion as insured and uninsured sums to depositors of closed banks since...
Debt failure: UBA seizes AEDC’s 60% equity The United Bank for Africa (UBA) took over 60 per cent equity of private investors in Abuja Electricity Distribution...
Ecobank Group announces retirement of Patrick Akinwuntan as MD Ecobank Group has announced the upcoming retirement of Patrick Akinwuntan, Regional Executive and Managing Director, Ecobank Nigeria....
One of the most fascinating quotes of popular British business magnate and author, Sir Richard Brandson is that “A great business is simply an idea to...
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...
Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that in less than four weeks, the eNaira app had witnessed almost 600,000 downloads since...