Category: Banking

GTCO half-year profit falls to N601bn

Guaranty Trust Holding Company Plc has published its audited financial results for the half year...

Jim Ovia to receive N5.18bn interim dividend for H1 2025

Zenith Bank Plc will pay its founder and chairman, Jim Ovia, about N5.18 billion in...

UBA posts N335bn profit after tax in H1 2025

United Bank for Africa Plc has released its financial performance for the half-year ended June...

FCMB partners, Truecaller to enhance customer trust

First City Monument Bank has formed a strategic partnership with Truecaller, a global platform for...

Afriland fire: We, others lost colleagues, Tony Elumelu mourns

The Chairman of Afriland Properties Plc, Tony Elumelu, has returned from New York, where he...

CBN orders banks to replace MD/CEO three months before exit

The Central Bank of Nigeria has directed Domestic Systemically Important Banks to implement early succession...

Afreximbank launches $1bn ATDC to boost African trade

The African Export-Import Bank has launched the African Trade and Distribution Company to boost large-scale...

UBA backs Kenya’s roads levy securitisation with $150m investment

United Bank for Africa Plc has pledged $150 million (KES 20.5 billion) to support the...

Zenith Bank to raise $500m via Eurobond, rights issue

Zenith Bank Plc says it plans to raise up to $500 million in fresh capital...

Your NIN is enough for banking, no separate TIN required — FIRS

The Federal Inland Revenue Service has dismissed claims that Nigerians must obtain a separate Tax...

Nigerians without tax-ID may lose bank account access – FG

The presidential Fiscal Policy and Tax Reform Committee has said that without a Tax ID,...

CBN gov urges banks to boost diaspora remittances to $1bn

Central Bank of Nigeria Governor, Olayemi Cardoso, yesterday, urged Nigerian banks to intensify support for...