On Wednesday, the Federal High Court in Lagos ordered the interim forfeiture of $1,426,175.14 linked to the former Governor of the Central Bank of Nigeria (CBN),...
The Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, has been named the ‘Best Banking CEO of the Year in Africa’ at the International...
The Securities and Exchange Commission (SEC) has announced its plans to release a comprehensive framework designed to guide the capital market through the proposed bank recapitalisation...
Nigerian banks collectively generated N438 billion from digital banking channels in 2023. This represents a 37.54% increase from the N318.64 billion recorded in the previous year....
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, announced that foreign exchange (forex) inflows in the first quarter of 2024 were 136%...
The tripartite committee tasked with reaching a consensus faced a deadlock as labour representatives rejected the government’s proposed offer of N57,000. Instead, labour unions put forth...
Fidelity Bank’s shareholders have approved a substantial compensation package for its chairman and non-executive directors. The decision, disclosed in a document filed with the Nigeria Exchange...
In a bid to elevate financial reporting standards within Nigeria’s public institutions, the Securities and Exchange Commission (SEC) has announced a strategic partnership with the Chartered...
Financial institutions in Nigeria paid a total of N678 million in fines in the 2023 financial year, according to analysis of their various financial statements. The...
The Presidential Fiscal Policy and Tax Reforms Committee (PFPTRC) has unveiled plans to exempt a significant portion of the informal sector from taxation. Chaired by Taiwo...
