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Sterling Bank has increased salaries for its 3,000+ employees, with entry-level staff now earning ₦528,000 net monthly, up from around ₦320,000. The review—over 35%...
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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,...
Sterling Bank has increased salaries for its 3,000+ employees, with entry-level staff now earning ₦528,000 net monthly, up from around ₦320,000. The review—over 35%...
The net interest income of four mid-sized banks in Nigeria surged by 78 percent in 2024 compared to a year earlier, a situation driven...
A Nigerian court has frozen multiple bank accounts after a Keystone Bank system malfunction artificially inflated account balances, allowing unauthorized withdrawals totaling ₦5.7 billion, according to...
The decision, announced after the latest Monetary Policy Committee (MPC) meeting, has sparked concerns among business owners who rely on credit facilities to sustain...
The sharp rise in demand led to higher allotments, even as yields fell, reflecting stronger investor confidence in Nigeria’s debt market. This is according...
Unity Bank has reported a staggering loss of ₦62.6 billion for the financial year ended December 31, 2023, marking a sharp reversal from a profit...
According to a statement by its managing director, Hamid Joda, the bank won the ‘Best Islamic Bank in Nigeria’ award through a global survey...
Analysis of the CBN data showed that a significant portion of the N5.24 trillion, N4.74 trillion, or 90.4 per cent, was held outside the...
The Centre for the Promotion of Private Enterprise (CPPE) has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for...
He stated that while the recently rebased Consumer Price Index (CPI) indicates a year-on-year headline inflation rate of 24.48 percent, which reflects the country’s...