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After issuing ₦237 billion in loans in 2024, LAPO MFB will launch a new banking app aimed at broadening its appeal beyond its traditional...
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Digitally driven financial institution VFD Microfinance Bank has returned to the path of profitability in the 2024 financial year as it recorded N366.6m profit...
The Chief Executive Officer of Sterling Bank, Abubakar Suleiman, has urged more lenders in the country to join in the cancellation of bank transfer...
President Bola Tinubu, yesterday hailed Afreximbank’s role in shaping Africa’s trade landscape, and commitment to breaking down barriers, bridging financing gaps as well as...
The Nigerian equity market continues to gain traction, with 11 listed companies boasting a market capitalisation of over US$1bn as of April 10, 2025....
Global oil prices tumbled to their lowest in more than four years on Wednesday as fears over weakening demand and a supply excess deepened,...
After issuing ₦237 billion in loans in 2024, LAPO MFB will launch a new banking app aimed at broadening its appeal beyond its traditional...
The House of Representatives has called on the Central Bank of Nigeria to suspend the implementation of the increment in Automated Teller Machine transaction...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, continues to make a significant impact in birthing the next generation of banking and finance professionals...
This was disclosed in a Project Summary Note seen by Nairametrics on Wednesday, detailing the facility’s structure and expected impact on Nigeria’s trade ecosystem....
The appointments were said to have been made to bolster the apex bank’s operations in a number of policy-driven, regulatory and supervisory capacities. The...
The Nigerian National Petroleum Company Limited has reduced the pump prices of Premium Motor Spirit (petrol) sold at its stations to match that of...
In apparent reflection of liquidity constraints in the interbank money market, banks’ borrowing from the Central Bank of Nigeria, CBN, rose by 171 percent month-on-month...
The Central Bank of Nigeria (CBN) has revised Automated Teller Machines (ATM) transaction fees effective since 1st March, 202, aiming to address rising in...
The Central Bank released the revised ATM transaction fees in a circular dated February 10, 2025. Under the revised fee structure, withdrawals from one’s...
The federal government is set to secure $2.2 billion in new loans from the World Bank in 2025, spread across six key projects. The...