Category: Banking

FX backlog: CBN pays 31 banks in parts

The Central Bank of Nigeria announced that it made tranche payments to 31 banks in...

Former GTB director appointed Jaiz Bank MD

A former Executive Director of Guaranty Trust Bank, Haruna Musa, has been named Managing Director/Chief Executive Officer...

Zenith Tech Fair finalists receive N59m

The Second Edition of the Zenith Tech Fair’s hackathon, with the subject “Future Forward 3.0,”...

How AfDB invested over $10bn in Nigeria 52 years

The African Development Bank Group has spent more than $10 billion in Nigeria since 1971....

Union Bank completes delisting of shares from NGX

Union Bank of Nigeria has declared that minority shareholders’ holdings will now be purchased for...

CBN extends old naira’s validity indefinitely

The Central Bank of Nigeria has declared that the old N200, N500, and N1,000 notes...

Tackle high inflation, Lamido Sanusi urges CBN

The former governor of the Central Bank of Nigeria, Governor Lamido Sanusi, has urged the Central Bank’s...

Fidelity bank records 172% pre-tax profit growth in Q3 2023

Fidelity Bank announced its 2023 Q3 results, revealing that pre-tax profits increased by 172.60% year...

Fidelity Bank targets $250m Nigeria, UK businesses’ deal

The second edition of the Fidelity International Trade and Creative Connect got off to an enthusiastic start...

GTCO hits N433bn profit in Q3 2023

Guaranty Trust Holding Company Plc declared a profit before tax of N433.2bn, a 155.2 percent...

GTCO Holdings records N105.8bn pretax profits in 2023 Q3

The parent company of GT Bank, GTCO Holdings Plc, reported a pre-tax profit of N105.8...

Fidelity Bank plans trade show in Texas

Fidelity Bank Plc has announced that the second edition of the Fidelity International Trade and...