Skye Bank Plc., has expressed its readiness to assist states in the country improve on their internally generated revenue (IGR), plug leakages in collection of services...
First Bank of Nigeria Limited has been recognised by Interswitch Group, Africa’s leading integrated payment and transaction processing company, as the first financial institution in the...
Fitch Ratings Friday affirmed the national ratings of eight Nigerian banks. The banks are First Bank of Nigeria (FBN), United Bank for Africa (UBA), Fidelity Bank,...
The Swiss National Bank’s reserves of foreign currencies plunged to all time low of 615.4 billion francs ($632 billion) in July, following the U.K. decision to...
First City Monument Bank Limited and Diamond Bank Plc are planning to raise fresh capital to boost their capital ratios. While the FCMB is targetting N10bn...
Goldman Sachs Group Inc. agreed to pay $36.3 million over allegations that former employees obtained confidential documents from the Federal Reserve in a settlement that requires...
Five banks have boosted the businesses of their customers with N6.561trillion in the first six months of the year through loans and advances. The amount of...
As part of efforts to reposition the bank and record better future performance, Skye Bank Plc has made a total provision of N34.681 billion for impairment...
Saudi Arabia’s central bank offered lenders short-term loans in late June to help ease liquidity constraints, according to five people familiar with the matter. The Saudi...
Skye Bank Plc has received over N100bn in liquidity from the Central Bank of Nigeria since July 4 to shore up its operations, its new Managing...