Category: Banking

Jaiz Bank reorganizes board, management

As part of the implementation of its new strategy and in conformity with two recent...

Stanbic IBTC delays HY results, requests CBN approval

The release of Stanbic IBTC Holdings Plc’s half-year financial results has been postponed, as the...

How CBN issued N38bn loan to mortgage banks in 2022 – Report

The Central Bank of Nigeria disbursed loans and advances of N37.6 billion to mortgage banks...

Nigerian banks lose N9.5bn to e-fraud so far in 2023

Banks in the country have reportedly lost over N9.5 billion so far in 2023, according...

CBN introduces Price Verification System for Forex

By Wilson Adekumola   The Central Bank of Nigeria has commenced the Price Verification System...

MoniePoint begins retail banking, launches app, debit card

Moniepoint has announced its entry into personal banking with the launch of a customer app...

Bolt hits 250m ride after seven years in Nigeria

In an impressive stride, leading ride-hailing and gig work company Bolt has notched over 250...

Optimus Bank begins operations across Nigeria

A fully authorized national commercial bank, Optimus Bank Limited, has started conducting business across the...

Jaiz Bank names Ahmed Hassan acting MD/CEO

By Wilson Adekumola   The Board of Jaiz Bank Plc, Nigeria’s pioneer non-interest bank, has...

Access Holdings postpones HY results over subsidiary audit

Access Holdings Plc’s board of directors has indicated that the publishing of its Half-Year financial results...

Firms consider hedging as forex crisis affects performance

Many of Nigeria’s major corporations have suffered enormous losses as a result of the Central...

CBN to rename forex market amidst economic shifts

In a move to reframe the financial landscape, the acting Governor of the Central Bank...