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...
Seven deposit money banks (DMBs) in the country spent a total of N258.13billion on personnel in the first six months of the year, H1’20 results released...
Citing losses from the coronavirus (COVID-19) pandemic, Fitch Ratings has said that the outlook for $438.9 billion global reinsurance sector remains negative for 2021. In a...
The federal government of Nigeria is working to create at 1.5 million construction jobs and 1 million supply jobs in the next five years via a...
FBN Insurance Brokers Limited, a subsidiary of Nigeria’s leading financial services group, FBN Holdings Plc, has announced a webinar to sensitise SMEs on risk management and...
Bayo Olugbemi, the president and council chairman of the Chartered Institute of Bankers of Nigeria (CIBN) has said bankers have critical roles to play in achieving...
Registration and linking of Biometrics Verification Number (BVN) in the Nigerian financial sector is still moving at a slow pace despite its importance to the providing...
Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging to Mr. Frank Okwudili Ezuma and Mrs. Lilian Ifeoma Okwudili Ezuma, the chief promoters of...
In the first five months of 2020 spanning January to May, Nigerian banks have recorded a total of 35.19 million new bank accounts opened by account...
By CSL Analysts Yesterday, the National Bureau of Statistics (NBS) published the data on key banking sector statistics. According to the report, the total staff strength...
Total volume of 2,160,436,659 transactions valued at N263.78tn were recorded in the first six months of 2020 as data on electronic payment channels in the Nigeria...
Union Bank of Nigeria Plc has announced new appointments to it’s board of directors. Through a filing at the Nigerian Stock Exchange (NSE)in Tuesday, it aqcuainted...