The Nigerian Exchange Limited (NGX) appreciated last week as market capitalization closed at N55.978 trillion. This growth, amounting to a gain of N481 billion, was primarily...
On the heels of reporting 9.6 per cent and 5.3 per cent increase in operating expenses and operating income respectively, FBN Holdings leads other Tier-1 banks...
The Central Bank of Nigeria (CBN) has disclosed that credit to private sector went up by N498.6billion in August to N33.26trillion from N32.8trillion reported in July...
In 2020, the global banking sector took a hit following the economic impact of the coronavirus pandemic, which was reflected in the overall market capitalization. However, with the...
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...
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...
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...