Stanbic IBTC Holdings Plc reported a 134 percent increase in net interest income to ₦410.45 billion in the year ended December 31, 2024 from ₦175.19 billion...
Nigeria’s interbank lending rate surged to 28.58 percent in January 2025, the highest level in five years as the Central Bank of Nigeria (CBN) intensified its...
The World Bank has approved $632 million in new loans for Nigeria to support education and nutrition initiatives, bringing total disbursements to the country under the...
The Bank of Ghana has left its benchmark interest rate unchanged at 27 percent following its March monetary policy committee meeting. Inflation eased to 23 percent...
Ecobank Group posted a record profit before tax of $658 million for the full year 2024, a 13 percent year-on-year increase or 33 percent in constant...
Zenith Bank Plc grew gross earnings by 86 percent year-on-year from N2.13 trillion in 2023 to N3.97 trillion for the year ended December 31, 2024. This...
The Federal Government, through the Debt Management Office (DMO), has announced plans to raise ₦300 billion via the issuance of the Series VII Sovereign Sukuk to...
Global financial institutions faced heightened regulatory scrutiny as total fines imposed on banks rose to $4.5 billion in 2024, according to new data compiled by Finbold....
First Bank of Nigeria Limited has filed an appeal against a recent decision of the Federal High Court which reclassified its maritime claim as a standard...
First City Monument Bank (FCMB) has come under legal fire following a ₦2 billion compensation claim filed by Pastor Sunday Omonivi Enikuomehin, proprietor of Goodwill Private...
