With an expansion of 63 operations in Nigeria, the African Development Bank (AfDB) has recorded an increase in the value of its portfolio which amounted to...
The Nigeria Deposit Insurance Corporation, NDIC has assured that depositors whose money were stuck in 23 distressed banks across the country would be refunded. The NDIC...
The market capitalisation of Tier-1 banks, FBNH, UBA, GTCO, Access Bank and Zenith Bank, appreciated by 1.34 percent to close at N2.72 trillion as at the...
Amid the Russia-Ukraine crisis, Ukraine’s central bank has suspended digital money transfers and cash withdrawals. In a statement, the National Bank of Ukraine (NBU) also suspended...
The United Bank for Africa (UBA) on Thursday announced it has stopped international spending on its Naira cards, effective March 1, 2022. In an email to...
Fidelity Bank Plc, a leading Nigerian bank, has reaffirmed its commitment to actively support the Central Bank of Nigeria’s (CBN) efforts to achieve its goal of...
Abbey Mortgage Bank Plc, one of Nigeria’s leading mortgage banks, announced it has listed an additional 3,692,307,692 ordinary shares on Wednesday, 16 February 2022 on the...
The Central Bank of Nigeria, CBN has disclosed that private sector loans from Nigerian banks increased by N5.58 trillion in 2021 ending as it recorded N35.73...
Access Bank branches in Gombe state have been shut down by the government, following the bank’s inability to settle N118 million unpaid taxes. Investors King gathered...
Instead of looking at how to provide a good service to their customers, Nigerian businessmen prefer to acquire controlling interests in banks to have a say...