Category: Banking

Nigeria secures additional $215m W’Bank loan for palliatives

The World Bank has increased its disbursement to Nigeria under the $800 million National Social...

Zenith Bank CEO assures shareholders of strong, sustainable dividends

The Group Managing Director and CEO of Zenith Bank PLC, Dame Dr. Adaora Umeoji, has...

Sterling Bank offers Lagosians free rides

Sterling Bank has once again redefined corporate citizenship by launching an unexpected initiative in Lagos....

Afreximbank launches $3b revolving credit facility for petroleum imports

The African Export-Import Bank has introduced a $3 billion revolving credit facility aimed at streamlining...

UBA plans ambitious expansion to over 100 countries

United Bank for Africa Plc announced a bold strategic vision to expand its operations to...

UBA on track to meet CBN’s ₦500bn capital requirement – Elumelu

United Bank for Africa Plc is on track to meet the Central Bank of Nigeria’s...

CBN, NGX unveil reforms to boost global investment

Nigeria’s financial regulators and market operators recently gathered at Nasdaq MarketSite in New York to...

CBN warns banks to strengthen sanctions compliance framework 

The Central Bank of Nigeria has issued a fresh directive to banks, payment service banks,...

CBN warns banks against sourcing capital from illicit channels

The Central Bank of Nigeria has cautioned deposit money banks against sourcing capital from illicit...

Afreximbank allocates $3b to boost Africa’s refining capacity

Afreximbank has committed $3 billion to finance the purchase of refined products within Africa as...

How Nigeria, others can avoid Trump tariff fallout – Ecobank

The Chief Executive Officer of Ecobank Transnational Inc., Jeremy Awori, has stated that African nations...

NDIC to pay first tranche of Heritage Bank liquidation dividends

The Nigeria Deposit Insurance Corporation has announced that the first tranche of liquidation dividends for...

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