Today, two major international financial institutions, Standard Chartered Bank via its innovation, fintech and ventures arm SC Ventures in Singapore, and Deutsche Bank in Germany have completed the first...
United Bank for Africa Plc (UBA) has announced a change in the date of its highly anticipated Board Meeting to Friday, October 27, 2023. The Nigerian...
Globally and in most of Africa profits are up, thanks to rising interest rates, but financial institutions need to reinvent themselves in the face of major...
The Central Bank of Nigeria (CBN) has announced that it will commence penalizing Deposit Money Banks (DMBs) whose equipment distorts images and data during the cheque...
Nigeria’s top seven most profitable publicly-listed companies have reported a total profit before tax of ₦1.89 trillion ($2.43 billion) in the first half of 2023. The...
The Central Bank of Nigeria (CBN) has granted Parallex Bank Limited the approval to collect Nigeria Export Supervision Scheme (NESS) fees. This noteworthy milestone was revealed...
Unity Bank customers, Nmeregini Chukwuebuka and Sharif Yusuf Mohd have emerged as winners of 500,000 and 150,000 naira respectively in the ongoing Verve National Consumer Promo. ...
China’s central bank, the People’s Bank of China (PBOC), executed its most substantial medium-term liquidity injection since December 2020, injecting a net 289 billion yuan ($39.6...
Customer complaints to five major Nigerian banks have surged by an alarming 117% year-on-year, with the number of grievances skyrocketing from 3,156,704 in June 2022 to...
The Central Bank of Nigeria (CBN) has announced the reversal of a 2015 circular that prohibited access to foreign exchange (FX) for 43 specific items. Isa...