Global credit risk hits 20%, tops risk mgt concerns Credit risk has become number one source of risk management concerns for financial institutions globally...
IBFIA 2021 set to reward resilience of finance industry players as entries open InstinctWave, Africa’s premium business-to-business (B2B) event company, has announced the 6th edition of...
NSE authorises LASACO Assurance to restructure shares LASACO Assurance Plc has said the Nigerian Stock Exchange (NSE) has authorised the company to reconstruct its issued...
Ecobank secures N50bn 10-year subordinated loan Ecobank Transnational Incorporated, the parent company of the Ecobank Group, has announced that one of its significant subsidiaries, Ecobank...
Financial Inclusion: FirstBank’s 86,000 banking agents process N9.6trn transactions Runs largest agent banking network in 772 local governments At present, there are over 86,000 banking...
UBA’s LEO: Celebrating 3 years of revolutionised banking services Technology has been a veritable gift to mankind, and over the years, it has been responsible...
Pension fund assets hit N11.57trn, rise by 11% in 1 year The aggregate value of pension fund assets in Nigeria has recorded significant gain to...
FG spent N6.46trn on debt servicing, personnel in 2020 – Minister The Federal Government spent a total of N6.46tn on debt servicing and workers in...
INNOVATION: FirstBank unveils virtual payment card First Bank of Nigeria Limited says it has launched a virtual payment card, a naira-denominated debit card and digital...
In Numbers: Nigeria has N2.9trn Currency in circulation – CBN Currency in Circulation (CIS) rose by N249 billion from N2.66 trillion as of the end...