Category: Banking

Access Holdings target N10tn revenue by 2027

Access Holdings Plc target N10 trillion in revenue by 2027. This disclosure was made by...

Zenith Bank named best commercial bank in 2024

Zenith Bank Plc has been named the Best Commercial Bank, Nigeria in the World Finance...

Bank recapitalisation: GTCO to launch N400bn public offer

Guaranty Trust Holding Company, GTCO Plc, has concluded to raise N400 billion in new capital...

Fidelity Bank plan issuing additional N78.35bn worth of shares

Fidelity Bank will issue an additional 8.2 billion shares, valued at approximately N78.35 billion, in...

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...