Ahmed Kuru, the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), has said the corporation has developed a new receiver framework for its recovery...
As the coronavirus pandemic forces firms to downsize and cut their wage cost to cope with the adverse economic realities, First Bank of Nigeria Limited (FirstBank)...
Banks in the country have com menced a collective scheme targeted at reducing the incidence of non-performing loans also know as bad loans in the industry....
Sixteen major Eurozone banks have come together to start the implementation of a new payment system to take on the might of Visa and Mastercard and...
By Ifeoma Finnih On the 1st of June 2020, the Federal Government of Nigeria (“FGN”) via the Department of Petroleum Resources (“DPR”) formally announced the commencement...
Nigeria’s banks are facing foreign currency shortages because of low oil prices, volatile foreign inflows and lower remittances amid the pandemic. This is threatening to renew...
Acting on the rulings of Justice F.O.G. Ogunbanjo of the Federal High Court, Abuja, the Asset Management Corporation of Nigeria (AMCON) has taken over a factory...
Two pension funds administrators (PFAs) are ready to become one through acquisition as the FCMB Pensions Limited, a subsidiary of First City Monument Bank (FCMB) Group...
The Pension Fund Operators Association of Nigeria (PenOp), has unveiled plans to widen the coverage of the different pension schemes in the country, to bring more...
CCAF, World Bank, World Economic Forum champion study Targeting 15,000 fintech firms worldwide, the Cambridge Centre for Alternative Finance (CCAF) announced it has partnered with the...