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...
Absa Bank Kenya offered loan relief and restructured loans totalling KSh 57 billion to financially distressed customers, equivalent to 28 per cent of its loan book....
By Murray Gardiner, MD, Bluecode Africa By 2050 the population of Africa is expected to grow to 2 billion, while the rest of the world experiences...
The Managing Director/Chief Executive Officer of Polaris Bank Limited, Tokunbo Abiru, has announced his retirement from the service of Polaris Bank. His exit from the bank...
According to the statement, the new members to be admitted would consist of 899 newly qualified Associates, 37 Chartered Banker MBA graduates...
The Central Bank of Nigeria (CBN) disbursed lower denomination banknotes worth N237.14 billion to microfinance banks (mfbs), merchants, shopping malls, market associations among others in 2019,...