Category: Banking

Jaiz Bank names Alhaji Ibrahim Indimi as Non-Executive Director

The Board of Directors of Jaiz Bank Plc has announced the appointment of Alhaji Ibrahim...

CBN postpones September 2023 MPC meeting

The Central Bank of Nigeria has announced the unexpected postponement of its much-awaited 293rd Monetary Policy Committee...

CBN introduces new online MFB licensing platform

The Central Bank of Nigeria has launched a new online portal for the submission of...

FG to partner with female bankers on economic growth

The Federal Government and the Association of Professional Women Bankers are working together to create...

Wema Bank launches Hackaholics digital summit

Wema Bank has announced the establishment of the Hackaholics Digital Summit, which will bring together...

CBN instructs banks to keep foreign exchange revaluation profits

Banks are required by the Central Bank of Nigeria to set aside earnings from foreign exchange...

Zenith Bank increases revenue by 139% to N967bn in H1

Zenith Bank’s gross earnings increased by 139% in the first half of the year, from...

Why CBN should dump exchange rates unification – Lemo

The Central Bank of Nigeria should dump the merger of parallel and official exchange rates, according...

Banks’ bad loans hit N478bn in Q1 2023

    During the first half of 2023, four prominent banks, including Guaranty Trust Bank...

Unity Bank’s gross earnings hit N27.5bn in H1’2023

In its Half-Year unaudited financial statement submitted to the Nigeria Exchange Group Limited, retail lender...

Sterling GMD, directors acquire N514m new shares

The Sterling Financial Holdings Company Limited’s directors have persisted in buying up their shares, demonstrating...

Why Nigeria’s expenditure on capital is very low – W’Bank

The World Bank Country Director for Nigeria, Mr. Shubham Chaudhuri, has stated that the country’s public spending...