FCMB Group Plc has officially announced the successful completion of the capital raise programme undertaken for its banking subsidiary, First City Monument Bank Limited. In a statement signed by the G...
To commemorate this year’s Valentine’s Day, AIICO Insurance Plc took to the streets to engage young Nigerians on the importance of insurance. According to a statement on Monday, the underwriter said t...
Arise Business Analyst Chika Mbonu discussed the approval of 82 BDCs (Bureau De Change) operators in Nigeria and the FX reserves reaching $45 billion. KSBC JOURNAL delivers business and market news, d...
However, the ratings agency observed that the expiry of forbearance will lead to some large Stage 2 loans being reclassified as impaired, the agency said in a new peer credit analysis on the country’s...
In a statement signed on Wednesday by Sunday Ekwochi, the company secretary, Access Holdings said the appointment takes effect on August 29, 2025, following regulatory approval. The company said Ike w...
Currency outside the formal banking system moderated to N4.49 trillion in June 2025, down from N4.63 trillion in May, though it continued to dominate overall liquidity by accounting for about 90 per c...
The credit rating agency said 16 banks collectively raised N1.7 trillion in 2024, while another N800 billion was secured in the first seven months of 2025. The funds are part of ongoing efforts to com...
