Naira 4 Dollar: FirstBank begins execution to pull diaspora remittances First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider is rewarding customers with...
PenCom recovers N553.03m from defaulting employers The National Pension Commission (PenCom) has said it recovered N553.03 million from defaulting employers who deducted their workers monthly...
FirstBank unveils FirstSME account for small businesses First Bank of Nigeria Limited has announced its SME specific accounts designed to reinforce the Bank’s role in...
CBN introduces Naira 4 Dollar scheme for diaspora remittances In an effort to sustain the encouraging increase in inflows of diaspora remittances into the country....
MMM, other ponzi schemes cost Nigerians N18bn – SEC Over three million Nigerians have lost about N18 billion through Ponzi schemes, the Securities and Exchange...
AfDB grants ECOWAS $320,000 for gender mainstreaming The Board of Directors of the African Development Bank (www.AfDB.org) has awarded a grant of $320,535 to the...
Shareholders of Custodian Investment to share N2.65bn as dividend The Board of Directors of Custodian Investment Plc has announced the payment of a final...
LASACO Assurance successfully reconstructs 7.3bn ordinary shares LASACO Assurance Plc has announced the completion of its share reconstruction exercise of about 7.3 billion ordinary shares....
AXA Mansard emerges Best Health Insurance Product Winner 2021 Health Management Organization, AXA Mansard Health Limited, recently announced that it has emerged as the winner...
Ecobank Nigeria’s $300m bond berths on London Stock Exchange Ecobank Nigeria on Thursday opened the market at London Stock Exchange (LSE) via a virtual...
14 Deap Capital directors’ assets seized by AMCON over N1.6bn debt Following the ruling of Justice Chukwujekwu Aneke of the Federal High Court, Lagos, on January...
2020: Zenith Bank defies pandemic to post good numbers Despite the pandemic and economic distruption that characterized the year, Zenith Bank Plc posted good numbers....
Pension: Lagos pays N1.51bn to 292 retirees The Lagos State Government (LASG) has said it paid N1.51 billion to another set of 292 pensioners in...
Insurance sector contracted by 12.05% in Q4 – NBS The insurance sector contracted by 12.05 per cent in the fourth quarter of 2020, latest figures...
CIBN renews energy to address gaps in the banking industry The Chartered Institute of Bankers of Nigeria (CIBN) has relaunched its mentoring scheme to mould...
By PwC Analysts Economic Context The outbreak of COVID-19 pandemic led to a contraction of the Nigerian economy by -6.1% in Q2 2020 compared to...
External reserves shed $565m in 14 days The country’s external reserves dipped by $565 million from $36.198 billion as of February 1, to $35.633...
CBN moves to regulate Open Banking in Nigeria The Central Bank of Nigeria (CBN) in line with its mandate to promote financial system stability has...
African Alliance settles N967m claims in 40 days Foremost life insurer, African Alliance Insurance, has fulfilled obligations to its teeming customers with the payment...
FirstBank MD, Adedutan rallies support for Nigerian SMEs Adesola Adeduntan, the managing director and chief executive officer of First Bank of Nigeria Limited, has...