Nigeria’s fiscal challenges deepened in January 2025 as the Federal Government’s retained revenue plunged by 69.19 percent compared to December 2024, according to the Central Bank...
The Central Bank of Nigeria (CBN) on Monday introduced new compliance measures mandating full documentation of export proceeds exceeding $2,000 for individuals and $5,000 for corporate...
Union Bank of Nigeria Plc is grappling with the fallout of a major internal breach that led to the unauthorized withdrawal of ₦9.3 billion from customer...
Concerns over employee safety and accountability have escalated at Access Bank following the alleged discovery of a hidden camera incident involving a former staff member at...
The Supreme Court has set aside a longstanding judgment that awarded more than ₦22 trillion against Union Bank and other parties following a dispute that has...
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the disbursement of ₦46.6 billion to depositors of the defunct Heritage Bank whose account balances exceeded the maximum...
Stanbic IBTC Holdings Plc reported a robust 79.8 percent year-on-year increase in profit after tax for the three months (Q1) ended March 31, 2025. Profit rose...
United Bank for Africa (UBA) Plc plans to raise an additional ₦144.8 billion this year as the lender works to meet the Central Bank of Nigeria’s...
United Bank for Africa Plc (UBA) reported profit after tax of N189.84 billion in the first quarter (Q1) of 2025, up from N142.58 billion filed in...
Access Holdings Plc has posted a strong financial performance for the year ended 31 December 2024 with its Group profit rising to N642.2 billion amid sustained growth...