Category: Banking

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...

CBN clamps down on banks over illegal FX sales

The Central Bank of Nigeria has warned to penalize commercial banks that sell foreign currency...

eNaira balances hit N2.5bn in 2022

Nigeria’s central bank’s digital currency, the eNaira, saw a significant increase in total balances in...

CBN records $2.55bn FX inflows in two months after naira unification

The Central Bank of Nigeria revealed that foreign exchange inflows into the country increased to $2.55...

Odubiyi acquires 100m shares of Sterling Holdco

The Group CEO of Sterling Financial Holdings Company Plc, Yemi Odubiyi, has acquired an additional 100...

UBA hails customers, introduces benefits

The United Bank for Africa Plc, Africa’s Global Bank, has promised consumers a spectacular summer...

Sterling Bank CEO acquires 50m additional shares

The chief executive officer of Sterling Bank, Abubakar Suleiman, has bought N168 million for 50 million...

CBN recovers $22m, N115bn excessive clients charges after customers complaint

The Central Bank of Nigeria announced that it had recovered $22.8 million and N115.5 billion...

Ecobank reveals progress in quest to create strategic roadmap

The Ecobank Group’s chief executive, Mr. Jeremy Awori, revealed that the company was making progress...