Ecobank Transnational Incorporated has bolstered its liquidity reserves with the successful acquisition of a $250 million loan facility, according to the bank’s Group Chief Financial Officer,...
The Bank of Ghana has suspended the foreign exchange licences of Guaranty Trust Bank (GT Bank) and First Bank for one month. The suspension, set to...
The Economic and Financial Crimes Commission (EFCC) has made a startling revelation, implicating banks in Nigeria in a significant portion of the nation’s financial crimes. During...
As the March 1 deadline looms, an estimated 85.51 million Nigerian bank customers are facing the possibility of frozen accounts due to their failure to link...
In a bid to mitigate the continuous depreciation of the naira against the dollar, the Central Bank of Nigeria (CBN) has injected over $300 million into...
FBN Holdings has emerged as Nigeria’s most valuable bank, surpassing Guaranty Trust Holding Company (GTCO) and Zenith Bank in terms of market capitalization. At the close...
Tunde Rahman, a senior aide to Nigerian President Bola Tinubu, has said Central Bank of Nigeria (CBN) Governor Olayemi Cardoso must start factoring in the political...
The Central Bank of Nigeria (CBN)’s announcement of a new Foreign Currency Gateway Bank has stirred concerns over the liquidity of Nigerian banks, according to recent...
The Central Bank of Nigeria (CBN) has introduced new regulations mandating banks to implement automated transaction monitoring systems to combat the growing threat of fraud in...
Fidelity Bank Plc has announced the extension of Dr. Nneka Onyeali-Ikpe’s tenure as the GMD/CEO until 2026. The decision was made during the board meeting held...
