Category: Banking

Tax evasion: Kogi govt seals First Bank branches

Kogi State Government has sealed all branches of First Bank Nigeria PLC operating in the...

Banks reduce forex sales as scarcity persists

Findings have revealed that Banks have started to limit Personal Travel Allowance and Business Travel...

PoS transactions hit N8trn in 2022 – NIBSS

Recent data from the Nigeria Interbank Settlement System showed that the value of Point of...

Why shareholders approved Union Bank UK sale

The recent sale of Union Bank UK, a subsidiary of Union Bank Plc to Fidelity...

Fidelity Bank to buy Union Bank UK

Fidelity Bank Plc has revealed its plans to acquire a 100 per cent equity stake...

Primera MFB boosts SMEs with N5bn

Small and Medium Scale Enterprises have enjoyed N5 billion in financing from Primera Microfinance Bank...

Trapped forex: CBN releases $265m to airlines

In a move to curtail the crisis parading the aviation sector, the Central Bank of...

eNaira hits $9m transactions, 840k downloads

The eNaira has recorded ₦4 billion ($9.3 million ) transactions and 840,000 app downloads, Gadgets...

FBN Holdings appoints new executive directors

First Bank of Nigeria Holdings Plc has announced the appointment of two new executive directors....

First Bank headquaters in Abuja shut over debt

The headquarters of First Bank located in the Central Business District, Abuja, had been sealed...

MasterCard, JPMorgan, others partner to boost payment choices

MasterCard says it has welcomed a raft of new global partners to its innovative MasterCard...

Dangote Industries ends N187.58bn bond issue

Dangote Industries Funding Plc has announced the completion of a N187.58bn Series 1 (Tranche A...