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....
Unitrust Insurance Company Limited says it has successfully raised N1.45 billion through rights issue and has over N6.4 billion qualifying capital as required by the National...
First Bank of Nigeria Limited has announced the appointment of Mrs. Oluwande Muoyo as a Non-Executive Director. Mrs. Muoyo joined the board of FirstBank from FBN...
MFS Africa, the Pan-African cross-border payments leader, Monday announced a partnership with Moroccan mobile money provider inwi money, bringing smooth and affordable international digital money transfers...
AXA-Mansard Insurance Plc has projected to achieve N48.012 billion gross premium written for the fourth quarter ending December 2020. In its Q4 earning forecast obtained from...
The Federal Inland Revenue Service (FIRS), on Thursday clarified its statement a day earlier directing account holders in financial institutions in the country to submit self-certification...
Britain’s accounting regulator said on Thursday it has fined Deloitte a record 15 million pounds ($19.4 million) for its audit of software firm Autonomy that contained...