Banking
FBN Holdings, a big company in Nigeria, has picked Femi Otedola, a very rich businessperson, to be a director. This news came out on...
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Guaranty Trust Holding Company Plc (GTCO), Africa’s leading financial services institution, has been named Nigeria’s strongest brand and Best Banking Brand by Brand Finance...
First Bank of Nigeria Holding Plc (FBN Holdings), the parent company of First Bank of Nigeria Limited, has announced the appointment of Olusegun Alebiosu...
The United Bank for Africa (UBA), under the leadership of Tony Elumelu, has reported a landmark achievement. The bank recorded its highest-ever revenue and...
Travelstart Nigeria, a leading online travel agency in Africa, and GIG Mobility (GIGM), a top provider of tech-powered intercity mobility services in West Africa,...
The Federal Government of Nigeria recently announced a $3.5 billion agreement with the African Export-Import Bank (Afreximbank). This deal aims to enhance the textile...
FBN Holdings, a big company in Nigeria, has picked Femi Otedola, a very rich businessperson, to be a director. This news came out on...
Two potent methods stand out for raising capital for your businesses or organisations: issuing a bond programme and taking a bank loan. Both approaches...
The Larger Banks Prosper While Smaller Banks Face Challenges in Commercial Real Estate Lending In a recent interview with CNBC, Glenview’s Bill Stone discussed...
The Central Bank of Nigeria (CBN) recently announced its intention to blacklist bank directors with non-performing loans for over one year. The CBN released...
Wema Bank, one of Nigeria’s leading commercial banks, has recently announced the removal of the suspension on international transactions made with naira cards. This...
Access Bank Plc has agreed to acquire the sub-Saharan subsidiaries of Standard Chartered Bank. The deal includes Standard Chartered’s shareholding in its subsidiaries in...
Access Holdings has successfully acquired a majority stake in Finibanco Angola, as announced in a press release to the Nigeria Exchange Limited. The acquisition...
The purpose of the CBN directive was to implement the January 31 deadline.
source Nigerian banks are dealing with rising costs threatening their bottom lines, such as higher taxes and more regulatory fees in H1’2022. The prior...
source During the first half of 2022, 12 Nigerian banks listed on the Nigerian Exchange (NGX) paid N62.41 billion in deposit insurance premiums to...