Category: Banking

ESCAP urges urgent CBN MPC meeting to raise interest rates

The director of ESCAP Management, Esili Eigbe urged Olayemi Cardoso, the governor of the Central Bank of...

World Bank MD to visit Nigeria

By Christian George The World Bank’s Managing Director of Operations, Anna Bjerde, will visit Nigeria...

Bank directors support CBN selling excess currency

The Bank Directors Association of Nigeria has said it supports the move of the Central...

Why foreign investors are interested in Nigeria – Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has stated that Foreign Portfolio...

NAFEM: Dollar supply hits 180% as banks sell $440m

The official Nigerian Autonomous Foreign Exchange Market saw a 180.59 per cent increase in dollar...

Wema Bank awards N8m to 116 customers

Wema Bank’s 5 for 5 Promo Season 3 saw 116 clients win almost N8 million...

Parthian Partners pays third bond coupon

Parthian Partners Limited has made the third consecutive coupon payment on its N10 billion bond....

Fidelity Bank projects over N1bn loss to lawsuits

Fidelity Bank’s management estimated that, for the year ending in December 2023, it would lose...

Fidelity Bank appoints Abolore Solebo as executive director

The Board of Fidelity Bank Plc has announced the appointment of Mr. Abolore Solebo as...

CBN denies plan to convert $30bn dom account dollars to naira

The Central Bank of Nigeria has debunked the news of planning to convert $30bn domiciliary...

Full list: Licensed IMTO’s in Nigeria

Alex Omenye The recent guidelines introduced by the Central Bank of Nigeria regarding the operations...

FBN Holdings reports N362.24bn unaudited pre-tax profit

Bisola David The unaudited condensed financial statements for FY 2023 have been released by FBN...