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...
Pays N375m claims to owner of helicopter Linkage Assurance Plc said it paid N375 millio hall insurance claim for the helicopter operated by Quorom Aviation...
Firstmonie Wallet launches Valentines Day promo In sharing love this valentine season, Firstmonie Wallet – the electronic wallet initiative by FirstBank – has promised to...
Senate to drill Emefiele over cryptocurrency ban The Senate has summoned the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, for a briefing...
NCC donates ICT tools to Nigerian Financial Intelligence Unit In keeping with its efforts to support Information and Communication Technology (ICT) usage to enhance operational...
FirstBank empowers its 86,000 banking agents to deepen financial inclusion In furtherance of the need to promote the business activities of its foremost agent banking...
A key subsidiary of Ecobank Transnational Incorporated (ETI) said it is seeking to raise capital from the international debt capital market through the issuance of Ecobank...
N8.13trn of Nigeria’s pension assets locked in FG bonds Pension Funds Administrators (PFAs) in Nigeria have sustained their age-long appetite for the less risky federal government...
Global credit risk hits 20%, tops risk mgt concerns Credit risk has become number one source of risk management concerns for financial institutions globally...
IBFIA 2021 set to reward resilience of finance industry players as entries open InstinctWave, Africa’s premium business-to-business (B2B) event company, has announced the 6th edition of...
NSE authorises LASACO Assurance to restructure shares LASACO Assurance Plc has said the Nigerian Stock Exchange (NSE) has authorised the company to reconstruct its issued...
Ecobank secures N50bn 10-year subordinated loan Ecobank Transnational Incorporated, the parent company of the Ecobank Group, has announced that one of its significant subsidiaries, Ecobank...
Financial Inclusion: FirstBank’s 86,000 banking agents process N9.6trn transactions Runs largest agent banking network in 772 local governments At present, there are over 86,000 banking...
UBA’s LEO: Celebrating 3 years of revolutionised banking services Technology has been a veritable gift to mankind, and over the years, it has been responsible...
Pension fund assets hit N11.57trn, rise by 11% in 1 year The aggregate value of pension fund assets in Nigeria has recorded significant gain to...
FG spent N6.46trn on debt servicing, personnel in 2020 – Minister The Federal Government spent a total of N6.46tn on debt servicing and workers in...
INNOVATION: FirstBank unveils virtual payment card First Bank of Nigeria Limited says it has launched a virtual payment card, a naira-denominated debit card and digital...
In Numbers: Nigeria has N2.9trn Currency in circulation – CBN Currency in Circulation (CIS) rose by N249 billion from N2.66 trillion as of the end...
Unity Bank targets N341m profit in Q1 2021 Projects N9.32bn Gross Earnings; N312m PAT Unity Bank Plc has disclosed that it is expecting to rake...