Category: Banking

How Nigerian banks performed first half of 2022

Experts analysis revealed that Wema Bank, First Bank and Stanbic IBTC stood out as the...

Zenith, GTB, others record ₦500bn after tax profit

Zenith Bank takes the lead as the Nigeria Exchange posted N501.13 billion after tax profit...

Meet highest earning Nigerian bank MDs/CEOs

In the first half of 2022, the managing directors and chief executive officers of six...

Fraudsters hack bank, transfer customers’ N522m

An old generation bank customer’s account was hacked by suspected fraudsters, transferring N523,337,100 from the...

First Bank suspends dollar transactions on naira debit cards

First Bank of Nigeria has suspended international transactions using the Naira Mastercard, Naira Credit Card,...

Tax evasion: Kogi govt seals First Bank branches

Kogi State Government has sealed all branches of First Bank Nigeria PLC operating in the...

Banks reduce forex sales as scarcity persists

Findings have revealed that Banks have started to limit Personal Travel Allowance and Business Travel...

PoS transactions hit N8trn in 2022 – NIBSS

Recent data from the Nigeria Interbank Settlement System showed that the value of Point of...

Why shareholders approved Union Bank UK sale

The recent sale of Union Bank UK, a subsidiary of Union Bank Plc to Fidelity...

Fidelity Bank to buy Union Bank UK

Fidelity Bank Plc has revealed its plans to acquire a 100 per cent equity stake...

Primera MFB boosts SMEs with N5bn

Small and Medium Scale Enterprises have enjoyed N5 billion in financing from Primera Microfinance Bank...

Trapped forex: CBN releases $265m to airlines

In a move to curtail the crisis parading the aviation sector, the Central Bank of...

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