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...
USSD: Banks disconnect MTN from banking channels Commercial banks have disconnected MTN customers from banking channels including the Unstructured Supplementary Service Data and banking...
UBA assures shareholders better times, assets hit N7.7trn United Bank for Africa (UBA) Plc on Thursday assured its shareholders and investors of enhanced returns...
FirstBank disburses N58bn credit to female entrepreneurs, professionals Nigeria’s oldest financial institution, First Bank of Nigeria Limited has disclosed that it gave out N58...
MTN expands MoMo cardless cash withdrawal service Mobile money service provider, Y’ello Digital Financial Services, has announced the expansion of its MoMo Agent cardless...
Banks begin usage of revised cheques today as old one phase out Banks have notified customers that effective on Thursday (today), the old cheque...
CBN disburses N94.34bn COVID-19 healthcare funds The Central Bank of Nigeria has disbursed N94.34bn out of the N100bn credit intervention for the healthcare industry which...
Lagos pays 366 retirees N1.49bn The Director-General, Lagos State Pension Commission, Mr Babalola Obilana, has said Lagos State Government has paid N1.49bn to 366 retirees....
FirstBank announces the fourth edition of its FirstGem Annual Conference First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced the...