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...
However, the effect of the forex sale resumption was yet to be felt as naira exchanged to the dollar on the parallel market at N430 despite...
following N600m indebtedness by Hydro Hotels Limited, AMCON has taken over the company's assets in line with court rulings on the matter
Fidelity Bank Plc has posted a 33.01 per cent increase in profit after tax for the half year ended June 30, 2020. The bank’s interim statement...
the CBN in a circular freezes 38 companies' account over alleged sharp practices which are currently being investigated by the EFCC and other concerned authorities.
Access Bank Plc has announced the appointment of Hassan M.T Usman as an Independent Non-Executive Director of the Bank following an approval of the Central Bank...
Experts and financial analysts at FBNQuest have dissected the implications of the recent policy by the Central Bank of Nigerian to slash interest rate on savings...
Savers entrust lender with N4.8trn in 6 months Profit before tax at N57.1bn Gross earnings surpass N300bn Asset valuation hits N6.8trn __________________________ The United Bank for...
Increased liquidity in the banking sector has continued to raise the lending institutions’ capacity to increase credit to the economy. The Deposit Money Banks and merchant...
AXA Mansard Insurance Plc has announced a profit before tax of N4.4 billion for the first half of the year, indicating a 180 per cent increase from...