The Central Bank of Nigeria (CBN) alerted the public to beware of fraudulent loan offers and investment schemes with diabolical motives. Osita Nwaisobi, the acting director,...
United Bank for Africa (UBA) has emphasised that t satisfy customers, innovation, optimisation and upgrading of banking platforms must come to play. The Pan-African financial institution...
The Nigerian Senate has directed its Committee on Banking, Insurance and Other Financial Institutions to investigate allegations of illicit and excessive charges by deposit money banks...
The Central Bank of Nigeria (CBN), on Tuesday, expressed dismay over the non-compliance with the provisions of its circular on compliance with export procedures by shipping...
Despite the increased activity in the fintech sector in Nigeria and the positive multiplier effect in the economy, there is significant potential for further growth, report...
First Bank of Nigeria Limited, has revealed it disbursed over N17 billion loans through through FirstAdvance, its digital lending solution. According to Nigeria’s leading financial inclusion...
Fitch Ratings has affirmed United Bank for Africa (UBA) Plc’s ratings, including the Long-Term Issuer Default Rating (IDR) at ‘B’, and removed them from Rating Watch...
Amidst continued pressures on the external sector of the economy, the Central Bank of Nigeria (CBN) has projected a major fall in the country’s foreign reserves...
Fitch Ratings has affirmed Zenith Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and removed it from Rating Watch Negative (RWN). The Outlook is Stable....
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of FBN Holdings Plc (FBNH) and its primary operating subsidiary, First Bank of Nigeria Ltd (FBN), at ‘B-‘,...
Leaders in the financial services industry are set to dissect the post-COVID-19 future of the industry at a webinar slated for Thursday, October 8 and oragnised...
In a bid to commemorate the independence and inculcate patriotic spirit in the citizens on the importance to reflect on the past, what led them here...
President Muhammadu Buhari’s nomination of Aisha Umar as the new director general of the National Pension Commission (PenCom) as some senators at the upper legislative chamber...
First Bank of Nigeria Limited has partnered with Lagos State Employment Trust Fund (LSETF) in a matching fund scheme. According to the Nigeria’s oldest financial institution,...
Sterling Bank has secured approval in principle from the Central Bank of Nigeria to enable it restructure as a holdings company. In a filing at the...
A report by the Central Bank of Nigeria (CBN) and the Enhancing Financial Innovation & Access has said that Nigeria is far from achieving its financial...
The Nigerian fintech ecosystem raised more than $600 million in funding between 2014 and 2019, a new report by McKinsey & Company, a management consulting firm,...
As pension fund assets hits N11.09trn___________________________________ The National Pension Commission (PenCom) has recovered N17.52 billion from employers who deducted monthly pensions from their workers’ monthly salaries...
Investments in businesses leveraging technology for financial services (Fin- Techs) in Nigeria totalled $560 million in the last three years, a report by the Enhancing Financial...
Amid free-falling foreign exchange reserves in it’s vault, the central Bank of Nigeria (CBN) has banned transfer of foreign exchange (forex) from one customer to another....