The Central Bank of Nigeria (CBN) has issued a directive ordering Deposit Money Banks (DMBs) to divest their surplus dollar holdings by February 1, 2024. This...
FBN Holdings has appointed Femi Otedola as its new Chairman of the Board of Directors, eliciting applause from shareholders and industry observers alike. The billionaire businessman’s...
Wema Bank Plc, one of Nigeria’s banks on Wednesday reported a 104.7% increase in profit before tax from N14.88 billion in 2022 to N30.46 billion in...
Fidelity Bank, one of Nigeria’s leading tier II banks, experienced a remarkable growth trajectory in its financial performance for the year ended December 31, 2023. According...
The Central Bank of Nigeria (CBN) has completed the payment of all verified foreign exchange (FX) claims owed to airlines. The latest disbursement, totaling $64.44 million,...
Amidst a wave of controversy and mixed sentiments, the Central Bank of Nigeria (CBN) is forging ahead with its plan to redeploy approximately 1,500 staff members...
Tragedy struck outside Access Bank’s premises in Jalingo, the capital of Taraba State, as an unidentified customer collapsed and passed away shortly after exiting the bank...
FCMB Group Plc, one of Nigeria’s leading Tier II banks, grew gross earnings by 82.62% from N282.982 billion in 2022 to N516.793 billion in the 2023...
The African Development Bank (AfDB) has reaffirmed its commitment to collaborate with the Enugu State Government in bolstering investment opportunities and infrastructural growth within the state....
Former Emir of Kano, Sanusi Lamido Sanusi, has voiced his support for the Central Bank of Nigeria’s (CBN) decision to relocate select departments from Abuja to...
