Ecobank, a prominent pan-African banking group, and the African Guarantee Fund (AGF), a specialized pan-African guarantee provider, have sealed a $200 million risk-sharing agreement. This collaboration,...
Africa’s global bank, United Bank for Africa (UBA) Plc, has been named the African Champion of the Year 2023 at the just concluded Africa Financial Industry...
United Bank for Africa Plc (UBA) has announced its commitment to support Small and Medium Scale Enterprises (SMEs) in key sectors, including Agro-processing, Automotive, Pharmaceuticals, Transport,...
The World Bank has initiated the disbursement of the approved $800 million allocated for the National Social Safety Net Program-Scale Up in Nigeria. Recent documents from...
The Central Bank of Nigeria (CBN) has announced its decision to extend the validity of the old N200, N500, and N1,000 notes indefinitely. The apex bank...
Union Bank of Nigeria has announced a revision in the stake acquisition price for minority shareholders, increasing it from N7 per unit to N7.70. The disclosure...
The Nigeria Deposit Insurance Corporation (NDIC) has issued a clarification and refuted recent misleading reports circulating on social media with the headline “CBN Liquidates 20 Banks...
The former Minister and Attorney General of the Federation, Michael Aondoakaa, has commended the Central Bank of Nigeria (CBN) for its crucial role in Nigeria’s triumph...
The Central Bank of Nigeria (CBN) has initiated stringent measures, leading to the revocation of licenses for Allied Bank and 19 other financial institutions. The Nigeria...
A recent analysis of data from the Central Bank of Nigeria (CBN) indicates that the total balance in domiciliary accounts within the nation’s commercial and merchant...
