Standard Chartered Bank appoints Dalu Ajene as CEO
Standard Chartered Bank has announced Dalu Ajene as the new Chief Executive Officer of the bank’s operations in Nigeria. This follows the…
Banking
All the news and updates from the banking sector; Access Bank, GTBank, First Bank, First City Monument Bank, United Bank of Africa etcs
Recapitalisation will boost banks lending to economy — CIBN
The Chartered Institute of Bankers of Nigeria has announced its support for the ongoing banking recapitalization exercise noting that it will empower…
Access goes fully digital in N365bn capital raise
Access Holding, the parent company of Nigeria’s biggest bank, Access Bank, has announced a full digital subscription to its N365 billion rights…
Adesola Adeduntan steps down as First Bank CEO
The Managing Director of First Bank Nigeria Limited, Dr. Adesola Kazeem Adeduntan, has resigned from the bank after leading the institution for…
Ecobank clears $500m Eurobond after five-year tenure
Ecobank Transnational Incorporated has repaid its $500 million five-year Eurobond, which was due today, April 18th. this was disclosed by the bank…
Fidelity Bank propose 60 kobo dividend for shareholders
The Board of Directors of Fidelity Bank has proposed a final dividend of 60 kobo per share to shareholders for the 2023…
10 banks operating expenses to hit N3trn
The combined operating expenses of 10 Nigerian banks rose by 42.51 per cent to N3.23tn in 2023 compared to N2.26tn in the…
Access, two other banks’ total assets exceed N20trn — Report
UBA and Zenith Bank have joined Access Corporation in the N20 trillion club (20TC) in terms of total assets. The three financial…
GTB customers lament bank app, USSD failure
Network failure is causing customers of Guaranty Trust Bank in Nigeria to face difficulties, and transactions can no longer be made through…
Zenith Bank wins Nigeria’s best bank award
Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Best Banks Awards 2024 for the fourth…
UBA, Stanbic, two other banks fail to file 2023 results
Four banks have disclosed that they will delay the filing of their audited results for 2023. The United Bank for Africa, Zenith…
Nigerian banks, others borrowed N30.45tn from CBN in Q1 2024 – Report
Nigerian banks and merchant banks in the first quarter of this year, borrowed a sum of N30.45 trillion from the Central Bank…