In the dynamic landscape of the Nigerian insurance industry, the journey towards sustainable growth and development has been marked by challenges and opportunities alike. As the...
By Gilbert Ayoola The Central Bank of Nigeria (CBN) recently issued a directive instructing all Deposit Money Banks (DMBs) in the country to reduce their Loan-to-Deposit...
First Bank of Nigeria Holdings Plc has announced Dr Adesola Adeduntan’s resignation as the Managing Director/Chief Executive Officer of its flagship subsidiary, First Bank. In a...
PalmPay has announced the first set of winners in its ongoing Eid campaign tagged PalmPay Eid Bonanza, which kicked off on April 10th and will run...
The Central Bank of Nigeria (CBN) has reduced the Loan to Deposit Ratio (LDR) of banks to 50% from 65%. The reduction was announced via a...
Nigeria’s public debt has been growing steadily in recent years, reaching a significant level of N97.34tn (US$108.23bn pegged at N899.39/$) as of 31 December 2023, according...
The Nigeria Deposit Insurance Corporation (NDIC) has lauded the Central Bank of Nigeria (CBN) for its move to recapitalise banks to achieve economic resilience in the...
PalmPay to Reward 105 Users with iPhone 15 Pro, Infinix Note 40 in Eid al-Fitr Promo In celebration of Eid al-Fitr, PalmPay, Nigeria’s leading fintech platform,...
HIGHLIGHTS Declares N2.30 Kobo Final Dividend Total Assets Rise by 90.2% to N20.65 trillion Shareholders’ Funds Hits N2 Trillion, Rises by 120.2% Customer deposits improved by...
In its continuous effort to defend the naira, the Central Bank of Nigeria (CBN) has just announced sales of fresh $10,000 to accredited Bureau De Change...