The Central Bank of Nigeria (CBN) has confirmed that 14 banks have satisfied the new capital requirements under its ongoing recapitalization drive. The apex bank stated...
Nigeria recorded a current account surplus of $5.28 billion in the second quarter (Q2) of 2025, up from $2.85 billion in the first quarter, according to...
FirstBank, a premier financial institution in West Africa, has announced the introduction of inclusive banking services designed for blind, partially sighted and physically challenged customers across...
Stanbic IBTC Holdings Plc has posted a profit after tax of ₦173.43 billion for the half year ended June 30, 2025, representing a 49% increase compared...
First Bank of Nigeria Limited has announced its partnership with the organizers of the E1 Lagos GP, Africa’s first all-electric powerboat racing championship, scheduled to hold...
United Bank for Africa Plc (UBA) has published its unaudited consolidated and separate financial statements for the six months ended June 30, 2025, posting a profit...
Zenith Bank Plc has published its interim consolidated and separate financial statements for the six-month period ended June 30, 2025, showing resilience despite higher impairment charges...
The Bank of Industry (BoI), Fidelity Bank, and Zenith Bank have declared their support for Air Peace’s N32 billion Maintenance, Repair and Overhaul (MRO) facility currently...
United Bank for Africa (UBA) has come under scrutiny following conflicting statements about a fire incident at Afriland Towers, Broad Street, Lagos Island, where lives were...
Africa’s richest man and President of the Dangote Group, Aliko Dangote, has stated that the long-delayed Ajaokuta Steel Company “will never work,” casting doubt on decades...
