There is mounting evidence suggesting that commercial banks and merchant banks in Nigeria have increasingly turned to the Central Bank of Nigeria (CBN) for liquidity, with...
A recent report by the Financial Institutions Training Center (FITC) has exposed a staggering surge in fraud cases. These nefarious activities have collectively drained an alarming...
The Nigeria Inter-Bank Settlement System (NIBSS) announced a substantial loss of approximately N9.5 billion within the banking sector for the year 2023. The disclosure was made...
The Central Bank of Nigeria has unveiled a new foreign exchange price verification system tailored to facilitate importer access to forex. The announcement was made by...
Wema Bank has entered into a strategic partnership with the payment platform, enza group, to offer businesses enhanced and cost-effective payment options with a focus on...
Leading financial institution, Fidelity Bank Plc, has distributed over 1,200 food packs to the Internally Displaced Persons (IDP) in Makurdi, Benue State in its ongoing commitment...
Fidelity Bank has listed an additional 3,037,414,308 ordinary shares of 50 kobo on the Nigerian Exchange Limited (NGX). The additional sales have increased the bank’s total...
For the first time since 2015, the Central Bank of Nigeria (CBN) has unveiled its eagerly anticipated audited accounts, revealing a profit of N103.8 billion in...
The Central Bank of Nigeria (CBN) extended a staggering N23.18 trillion loan to the Federal Government in the year ended December 31, 2022, under its ‘Ways...
First Bank of Nigeria Holdings has made revisions to its agenda for the forthcoming Annual General Meeting, set to take place next Tuesday. In a notice...
