The Third Edition of the Zenith Tech Fair, tagged “Future Forward 3.0”, is set to be held on Wednesday, November 22 and Thursday, November 23, 2023,...
In a strategic move to adhere to the Central Bank of Nigeria’s (CBN) regulatory requirements, the country’s Deposit Money Banks (DMBs) and merchant banks have collectively...
Ecobank, a prominent pan-African banking group, and the African Guarantee Fund (AGF), a specialized pan-African guarantee provider, have sealed a $200 million risk-sharing agreement. This collaboration,...
Union Bank of Nigeria has announced a revision in the stake acquisition price for minority shareholders, increasing it from N7 per unit to N7.70. The disclosure...
The Nigeria Deposit Insurance Corporation (NDIC) has issued a clarification and refuted recent misleading reports circulating on social media with the headline “CBN Liquidates 20 Banks...
A recent analysis of data from the Central Bank of Nigeria (CBN) indicates that the total balance in domiciliary accounts within the nation’s commercial and merchant...
Six Nigerian leading banks report a 214% surge in profit to N2.06 trillion in the nine months ended September 2023. This impressive performance comes despite the...
In the realm of Nigeria’s financial sector, a disconcerting surge in bank fraud cases has rattled stakeholders and raised significant concerns about the country’s security of...
Guaranty Trust Holding Company Plc has announced a 155.2% increase in profit before tax to N433.2 billion for the period ending September 30, 2023. This substantial...
Today, two major international financial institutions, Standard Chartered Bank via its innovation, fintech and ventures arm SC Ventures in Singapore, and Deutsche Bank in Germany have completed the first...