Nigeria’s interbank lending rate surged to 28.58 percent in January 2025, the highest level in five years as the Central Bank of Nigeria (CBN) intensified its...
The Bank of Ghana has left its benchmark interest rate unchanged at 27 percent following its March monetary policy committee meeting. Inflation eased to 23 percent...
Ecobank Group posted a record profit before tax of $658 million for the full year 2024, a 13 percent year-on-year increase or 33 percent in constant...
Zenith Bank Plc grew gross earnings by 86 percent year-on-year from N2.13 trillion in 2023 to N3.97 trillion for the year ended December 31, 2024. This...
First Bank of Nigeria Limited has filed an appeal against a recent decision of the Federal High Court which reclassified its maritime claim as a standard...
First City Monument Bank (FCMB) has come under legal fire following a ₦2 billion compensation claim filed by Pastor Sunday Omonivi Enikuomehin, proprietor of Goodwill Private...
First Bank of Nigeria Limited has expanded its digital banking infrastructure with the launch of a new FirstBank Digital Xperience Centre in Lekki, Lagos to further...
United Bank for Africa Plc (UBA), one of Africa’s leading financial institutions, posted a robust financial performance for the year ended 31 December 2024 with robust...
The CEO of Bankit Africa, Yen Choi, has announced that customers of the neo-bank can now earn money while playing games on their phones. Through gamification,...
United Bank for Africa has launched the Afrigo Card a domestic payment solution designed to enhance financial inclusion and strengthen Nigeria’s digital economy. The card introduced...
