The Securities and Exchange Commission (SEC) has announced its plans to release a comprehensive framework designed to guide the capital market through the proposed bank recapitalisation...
Nigerian banks collectively generated N438 billion from digital banking channels in 2023. This represents a 37.54% increase from the N318.64 billion recorded in the previous year....
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, announced that foreign exchange (forex) inflows in the first quarter of 2024 were 136%...
Fidelity Bank’s shareholders have approved a substantial compensation package for its chairman and non-executive directors. The decision, disclosed in a document filed with the Nigeria Exchange...
Financial institutions in Nigeria paid a total of N678 million in fines in the 2023 financial year, according to analysis of their various financial statements. The...
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has pledged to employ decisive measures, including maintaining high interest rates for as long...
The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has revealed that a mere 25% of customers’ deposits are...
Wema Bank, one of Nigeria’s leading financial institutions, has introduced a digital solution tailored for cooperative societies. The innovative platform, named CoopHub, was developed to drive...
Highly-rated, independent investment advisory firms have picked Fidelity Bank as a very attractive stock with potential to generate high returns for investors. Independent investment research reports...
Access Holdings Plc, a leading financial institution, has recently vested approximately 23.81 million shares valued at over N420 million to its directors. The share vesting process,...
