Category: Banking

Stockbrokers report investors’ surge amid ongoing banks’ public offers

Some stockbrokers in Nigeria’s capital market have witnessed Encouraging signs of significant investor involvement in...

Banks deposits rise 63% to N115tn amid competition from Fintechs

Even in the face of fierce competition from Fintechs, individuals and institutions are increasingly entrusting...

Zenith Bank to generate N1tn profit in 2024, says MD/CEO

Zenith Bank’s Group Managing Director/Chief Executive Officer, Dr Adaora Umeoji, has stated that the bank...

NGX post Wema Bank’s right issue of 8.572 billion shares on its platform  

The Nigerian Exchange Limited has acknowledged Wema Bank Plc’s Rights Issue of 8.572 billion ordinary...

NDIC urge collaboration of law enforcement to combat banking fraud

The Nigeria Deposit Insurance Corporation urged law enforcement agencies to strengthen their partnership to curb...

Keystone bags best retail bank award

Keystone Bank Limited was recognized as the retail bank of the year at the recently...

Access Holdings target N10tn revenue by 2027

Access Holdings Plc target N10 trillion in revenue by 2027. This disclosure was made by...

Zenith Bank named best commercial bank in 2024

Zenith Bank Plc has been named the Best Commercial Bank, Nigeria in the World Finance...

Bank recapitalisation: GTCO to launch N400bn public offer

Guaranty Trust Holding Company, GTCO Plc, has concluded to raise N400 billion in new capital...

Fidelity Bank plan issuing additional N78.35bn worth of shares

Fidelity Bank will issue an additional 8.2 billion shares, valued at approximately N78.35 billion, in...

Bank directors buy N39bn shares amid sector recapitalisation

As the banking sector’s recapitalisation accelerates, some bank executives are beginning to bet on their...

Otedola raises stakes to 11.64% in FBN holdings

The Chairman of FBN Holdings, Femi Tedola has raised his ownership stake in the business...

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