Category: Banking

Bank directors buy N39bn shares amid sector recapitalisation

As the banking sector’s recapitalisation accelerates, some bank executives are beginning to bet on their...

Otedola raises stakes to 11.64% in FBN holdings

The Chairman of FBN Holdings, Femi Tedola has raised his ownership stake in the business...

Stockbrokers propose tech adoption for bank recapitalisation

The Chartered Institute of Stockbrokers has urged the Central Bank of Nigeria to use innovative...

Fidelity Bank launch N127bn capital raise

Fidelity Bank Plc launched its N127.10 billion rights issue and public offer on Thursday, becoming...

CIBN, ACAMB plan to boost customer satisfaction

The Chartered Institute of Bankers of Nigeria and the Association of Corporate Affairs Managers of...

UBA hits N2trn revenue, raises N607.69bn post-tax profit

United Bank of Africa has announced a 143 per cent increase to N2.08 trillion in...

First Bank manager steals N650m from 35 customers

Alex omenye A bank manager from a branch of First Bank in Osogbo, Mr. Adeniyi...

Banks halt collection of processing deposit fees

Some of the major banks have stopped the collection of processing fees on deposits in...

Olufowose appointed as new Chairman of First Bank board

First Bank Nigeria Limited has appointed Ebenezer Olufowose to succeed Tunde Hassan-Odukale as the chairman...

FCMB’s digital revenue rises to N60bn

FCMB Group Plc has disclosed its digital revenue increased by 62.4 per cent to N60.3...

Standard Chartered Bank appoints Dalu Ajene as CEO

Standard Chartered Bank has announced Dalu Ajene as the new Chief Executive Officer of the...

Recapitalisation will boost banks lending to economy — CIBN

The Chartered Institute of Bankers of Nigeria has announced its support for the ongoing banking...