A mortgage bank with headquarters in the Federal Capital Territory, Abuja, has lost prime properties valued at about N2 billion for defaulting on a loan obtained...
The Central Bank of Nigeria (CBN) has imposed an N800 million fine on three Deposit Money Banks (DMBs) in the country for violating regulations barring customers...
Shareholders have approved the payment of 2.80k dividend per share by the board of Zenith Bank which added to the earlier interim dividend of 30k to reach a...
The world’s banking systems saw significant capital increases ahead of the pandemic and are resilient to very large shocks. The Global Bank Stress Test is a...
Loans are meant to provide individuals or organizations with additional money to cover their expenses and other obligations—It is then paid back over an agreed period...
The Bank of Industry (BoI) has said it is currently shopping for $6 billion from foreign investors to improve the nation’s real sector. According to the...
The National Pension Commission has vowed to sanction Pension Fund Administrators (PFAs) over the spate of delays in the payment of pension benefits, among other related...
Leading telecoms operator in the country, MTN Nigeria has revealed that its paid 45.92 per cent of its total revenue in 2021 as taxes into government...
Despite oil rally, Nigeria’s foreign reserves dipped by $145.51 million week-on-week to close at $39.52 billion as at March 24, latest data obtained from the Central...
With technology now driving financial services and inclusion, embedded finance has just become another innovative way of tech application to further establish an ecosystem for what...