Financial Inclusion: FirstBank’s Firstmonie agents hit 100,000 If you live in Lagos, Abuja or Port Harcourt, or you reside in any of the other state capitals,...
Pension assets dip by N7bn Latest report by the National Pension Commission (PenCom) has shown that aggregate pension assets in Nigeria took a dive...
FULL TEXT: Why we sacked FirstBank board — Emefiele Nigeria’s premier bank, First Bank, has for years been plagued by “bad credit decisions, significant and...
CBN Sacks FBN Board over removal of MD/CEO The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has sacked the entire members...
Great Nigeria Insurance paid N501.6m claim in Q1 Great Nigeria Insurance Plc (GNI) has revealed that it paid out the sum of N501.6 million...
Ecobank Group posts N40.3bn profits in Q1 It was a great start with renewed energy for Ecobank Transnational Incorporated (ETI) in 2021 as the financial...
Wema Bank hits N1trn asset valuation despite N13.51bn revenue shortfall Despite a recorded decline in its revenue in 2020, Wema Bank Plc has grown...
E-payment: Banks process N356.47trn in Q4 2020 alone A total volume of 3,464,811,083 transactions valued at N356.47 trillion was recorded in Q4 2020 as...
CBN to sanction banks, BDCs for rejecting old, lower dollar notes The Central Bank of Nigeria (CBN) has said it will sanction foreign exchange dealers that...
2020: Axa Mansard Insurance nets N6.04bn profit AXA Mansard Insurance plc, a member of the AXA Group has announced its audited financial results for full...
Unity Bank posts N43bn earnings; assets hit N492bn in 2020 Unity Bank Plc has disclosed that it netted N42.71 billion earnings in 2020 as...
UBA grows Q1 2021 profit by 27% The United Bank for Africa (UBA) Plc has reported double-digit growth across most of its major income...
Nigeria’s biggest lender Access Bank has agreed to buy a majority stake in African Banking Corporation of Botswana for cash, a month after acquiring a South...
FirstBank convenes webinar on information security Friday FirstBank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has announced a webinar to sensitise individuals...
Recapitalisation drive pushes Microfinance banks’ assets to N856.3bn The total assets of the microfinance banks rose by N97.32bn from N758.98 billion as of the...
BDCs process N1trn annual deals, says Gwadabe The Association of Bureaux de Change Operators of Nigeria (ABCON) has said that its annual turnover is...
By FBNQuest Research The Central Bank of Nigeria (CBN) data show that Nigeria’s gross official reserves declined by USD280m to USD34.82bn in March. In...
We remain resilient with improved KPIs – Unity Bank Unity Bank Plc has expressed commitment to remain on the growth path guided by the...
MTN says its mobile money operation worth $6bn South Africa-based MTN, the mobile phone company, has plans to value its mobile money arm at over $5...
Pantami engages CBN, NCC over USSD dispute between MTN, Nigerian banks Isa Pantami, the Nigerian Minister of Communications and Digital Economy, said he had...