The Central Bank of Nigeria (CBN) yesterday issued a new license requirement for payment systems, increasing the minimum capital requirements for Payment Solutions Service Providers (PSSPs)...
The total debts owed by banks to telecommunications service providers arising from the use of Unstructured Supplementary Service Data (USSD) have risen from N42 billion to...
The economic recovery from the COVID-19 accelerated in the first half of 2021, causing the global banks’ market cap to almost completely recover and reach pre-pandemic...
Mr. Olufemi Badeji, Executive Director of FCMB Group, purchased 2 million shares of FCMB Group, according to the disclosure filing of the bank. The purchase was...
Mr. Ebenezer Onyeagwu, the Group Managing Director and Chief Executive Officer (CEO) of Zenith Bank, has once again increased his stake in the leading bank. Onyeagwu,...
Nelson Nweke, one of the non-executive directors of Fidelity Bank Plc, purchased 13,005,700 shares of Fidelity Bank on May 18, 2021. According to the latest disclosure...
Ursula von der Leyen, President of the European Commission and Werner Hoyer, President of the European Investment Bank today outlined a new initiative to boost financial...
The World Bank Group yesterday rejected request by African heads of state for cancellation of their countries’ debts, saying the world has moved past that line...
The Central Bank of Nigeria (CBN) has insisted that the states must begin the repayment of the budget facility taken from the apex bank this May....
Wema Bank Plc is hosting a creative essay competition for children. The 2021 Royal Kiddies Essay Competition tagged: “Write & Win”, will test the creative writing...
