Category: Banking

CBN sets deadline for ISO 20022 adoption, geo-tagging compliance

The Central Bank of Nigeria has directed all players in the nation’s payment ecosystem to...

Wema Bank surpasses N157bn in first phase of recapitalisation

Wema Bank Plc has exceeded its recapitalisation target after successfully completing the first phase of...

Fidelity Bank hosts export financing panel to boost Nigeria’s trade

Fidelity Bank Plc has announced plans to host a high-level panel on export financing aimed...

Access Bank reaffirms commitment to Africa-Caribbean trade

Access Bank Plc has renewed its commitment to strengthening trade ties between Africa and the...

NDIC pays ₦54.62bn to defunct Heritage Bank depositors

The Nigeria Deposit Insurance Corporation says it has paid ₦54.62 billion to 691,418 depositors of...

GTCO delists GDRs from London stock exchange effective July 31

Guaranty Trust Holding Company Plc has formally delisted its Global Depositary Receipts from the London...

AfDB commits $1.2m grant to support Nigeria’s power sector

The African Development Bank has committed $1.2 million in grants to fund a feasibility study...

Access Bank expands global footprint with AfrAsia acquisition

Access Bank Plc, through its wholly owned subsidiary Access Bank UK Limited, has completed the...

Zenith Bank ranked Nigeria’s best bank 

Zenith Bank Plc has been named Nigeria’s Best Bank at the 2025 Euromoney Awards for...

FG, Otedola not involved in Otudeko ₦323bn deal – FistHoldCo

The Federal Government of Nigeria and billionaire businessman, Femi Otedola, the Chairman of FirstHoldCo Plc,...

Fidelity Bank shares exchange in massive ₦24bn off-market deal

In a significant off-market transaction on Friday, a total of 1,140,866,892 units of Fidelity Bank...

Oba Otudeko exits First Holdco in N323.33bn stake deal

A significant shift has taken place at Nigeria’s oldest banking group, First Holdco Plc, with...