Category: Banking

Access Corporation post N612.4bn profits for 2023

Access Corporation, Nigeria’s largest finance holding company has reported a profit of N612 billion after...

Ecobank Group appoints Osei-Poku as regional exec for anglophone W/Africa

The Board of Ecobank Group, the pan-African financial services group has announced the appointment of...

First bank appoints five new directors

Nigeria’s foremost bank banking with a legacy spanning 130 years, FBN Holdings, is embarking on...

Parallex Bank opens Uyo branch

One of the newest commercial banks in Nigeria, Parallex Bank, has opened a new branch...

Banks suggest alternatives amid internet banking outage

As mobile applications and internet banking services continue to be unavailable for the second day...

Bank directors seek lawmakers, regulators cooperation on policies

The Bank Directors Association of Nigeria has called for cooperation between lawmakers, regulatory authorities and...

Unity Bank, SkillPaddy partner, train 1,000 female software engineers

Unity Bank Plc has partnered with tech platform, SkillPaddy, to train 1,000 female software engineers....

FX payments rose to $1.3bn in February – CBN

Foreign remittances into the nation increased to $1.3 billion in February 2024 from $300 million...

Africa imports 80% of medicines, says AfDB

By Melvin Onwubuke   The President of the African Development Bank, Akinwumi Adesina has said...

Egypt floats pound, loses over third of value

Egypt’s central bank announced Wednesday it was floating the pound in a move to unlock...

Naira falls at official rate despite dollar weak gains

The Naira lost value at the official exchange rate on Tuesday, after going up for...

Bank of Ghana suspends GTB, First bank’s FX licenses over non-compliance

By Melvin Onwubuke   The Bank of Ghana has announced the suspended for a period...