Agusto & Co. Limited, Nigeria’s foremost research house and rating institution recently released its flagship 2021 Banking Industry Report, which is the most current and comprehensive...
The Central bank of Nigeria (CBN) has prohibited Microfinance Banks (MFBs) from executing foreign exchange transactions, citing concerns about their financial capability to handle such. This...
This month, Samsung announced its participation in a Bank of Korea project which aimed to develop a platform for a CBDC. The pilot will “research the practicalities of...
Determined to foster gender parity and sustain its reputation as a gender-friendly organisation, Stanbic IBTC Holdings PLC continued to ensure that every female employee has equal...
The Chairman of the Economic and Financial Crimes Commission, Mr. Abdulrasheed Bawa, has warned financial institutions against fraudulent election financing, foreign exchange malpractice, and money laundering....
Sterling Bank Plc is currently enmeshed in a N1.7 billion fraud scandal. The fraud is said to have rattled the lender’s financial position and it has...
As the world is evolving digitally, Nigerian banks are currently looking for ways to make the banking experience better and FirstBank is not an exception to...
The Central Bank of Nigeria (CBN) and the bankers’ committee have made move to digitize dollar sales for legitimate needs through creating an App. Such legitimate...
The National Bureau of Statistics (NBS) report released on Tuesday revealed that the banks and financial institutions in Nigeria paid a combined N7.712 billion in Value...
Accolades have continued to pour in for Stanbic IBTC in recognition of the organisation’s outstanding performance across various facets of Nigeria’s financial industry and its contribution...
