The Central Bank of Nigeria (CBN) has implemented a significant adjustment to its borrowing rates. The move, which follows the CBN’s recent decision to adjust the...
For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital in the 2024 Top...
Jaiz Bank has announced a 20% increase in its chairman’s annual income to N24 million. This decision was unveiled in a recent statement filed with the...
Nigerian President Bola Tinubu has announced a one-time 50% tax on windfall profits that banks reaped from currency gains following last year’s naira devaluation. This decision...
Unity Bank customers have claimed over N4 million in cash rewards in its ongoing loyalty programme recently rolled out with Cashtoken, a Cash Reward-as-a-Service company. The...
Access Bank Plc, sub-Saharan Africa’s largest bank by customer base, has reached a significant milestone in its enduring partnership with the Dutch Entrepreneurial Development Bank (FMO)....
First City Monument Bank (FCMB) has announced its Naira Debit and Credit Cards can no longer be used for international transactions. In a statement to its...
Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day last week to showcase the bank’s inherent values as it embarks on its recapitalisation...
Guaranty Trust Holding Company Plc (GTCO) has announced a new offering of 9,000,000,000 ordinary shares of 50 kobo each. This strategic move aims to recapitalize its...
The Central Bank of Nigeria (CBN) has excluded Bureau De Change (BDC) operators from its latest allocation of $122.67 million in forex sales. This decision, announced...
