Category: Banking

Poverty can’t be eradicated without financial inclusion – First Bank

Without adequate financial inclusion, poverty cannot be effectively eradicated in Nigeria and other nations of...

Zenith Bank grows quarterly earnings by 22%

Zenith Bank Plc’s gross earnings rose by 22 per cent in the first quarter of...

Premium Trust Bank commences operations, promises service delivery

Premium Trust Bank has launched its first branch in Port Harcourt, Rivers State, joining the...

10 banks raked in N1.57tn interest income in 2021 – Reports

Ten Deposit Money Banks in Nigeria earned a total of N1.57tn in net interest income...

Digital banks not tackling financial crime –UK regulator

Britain’s online-only challenger banks need to do more to prevent the abuse of their platforms...

Why CBN can’t float exchange rate –Emefiele

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that despite calls...

Kuda Bank defends customer’s harassment amid criticisms

KUDA Bank has said the event leading up to one of its customers being forcibly...

10 banks lend customers N2.9tn in 12 months

Between December 2020 and December 2021, the combined loan portfolio of 10 Deposit Money Banks...

BoI Group records N62.28bn profit

The Bank of Industry Group on Tuesday said its profit before tax rose by 75...

Vandalism, others push oil firms’ bank borrowing to N5.68tn

The combined bank borrowing of oil firms operating in the downstream and upstream subsectors of...

51 firms drive stock market gain by N500bn

Investors gained N500bn at the end of trading on the floor of the Nigerian Exchange...

Oil theft affecting govt finances, naira stability –MPC member

Massive oil theft, among other challenges, is affecting government finances and threatening naira stability. The...

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