FBN Holdings Post N80 Billion Profit After Tax for 2020 FBN Holdings Plc grew Profit After Tax (PAT) to N79.708 billion in 2020, up from N73.665...
Deposit Money Banks Pay N2.7 Billion as Customers Complaints Rise by 34% Nigeria’s Deposit Money Banks (DMBs) refunded banks’ customers N2.67 billion in the first half...
Sub Saharan Africa Mergers and Acquisition Transactions Totalled US$ 25.7 Billion in 2020 South Africa – Refinitiv today released the 2020 investment banking analysis for the Sub-Saharan...
Tunde Thomas: FCMB Commences Review Into Allegations of Unethical Behavior Against MD Nuru First City Monument Bank (FCMB Group Plc) has commenced a review of unethical...
Mrs. Nneka Onyeali-Ikpe Takes Over as Fidelity Bank CEO Mrs. Nneka Onyeali-Ikpe, the former Managing Director of Fidelity Bank, has officially taken over as the bank’s...
Macroeconomic Challenges and Central Bank Policy to Pressure Financial Institutions in 2021 Measures put in place by the Central Bank of Nigeria (CBN) to curtail the...
The crisis of 2008 came from within the financial services industry. Today, in this crisis of the real economy, banks are economically afflicted alongside other sectors...
While it was already under way prior to the pandemic, the global shift to digital payments has been positively affected by the crisis. According to the...
Over One Million Nigerians Received Loans Below 20 Percent Interest Rate in 2020 Over one million Nigerians borrowed loans below 20 percent interest rate, according to...
The Central Bank of Nigeria (CBN) has closed 42 microfinance banks, according to the latest report from the Nigeria Deposit Insurance Corporation (NDIC). In the report...