Category: Banking

Banks shun CBN’s lending window as liquidity pressures mount

Deposit Money Banks are increasingly shunning the Central Bank of Nigeria’s Standing Lending Facility, even...

14 banks meet new capital requirement – CBN

The Central Bank of Nigeria has announced that 14 Nigerian banks have fully met the...

FirstBank unveils tailored banking services for people with disabilities

FirstBank has unveiled plans to roll out specialized financial services for Persons Living with Disabilities....

GTCO half-year profit falls to N601bn

Guaranty Trust Holding Company Plc has published its audited financial results for the half year...

Jim Ovia to receive N5.18bn interim dividend for H1 2025

Zenith Bank Plc will pay its founder and chairman, Jim Ovia, about N5.18 billion in...

UBA posts N335bn profit after tax in H1 2025

United Bank for Africa Plc has released its financial performance for the half-year ended June...

FCMB partners, Truecaller to enhance customer trust

First City Monument Bank has formed a strategic partnership with Truecaller, a global platform for...

Afriland fire: We, others lost colleagues, Tony Elumelu mourns

The Chairman of Afriland Properties Plc, Tony Elumelu, has returned from New York, where he...

CBN orders banks to replace MD/CEO three months before exit

The Central Bank of Nigeria has directed Domestic Systemically Important Banks to implement early succession...

Afreximbank launches $1bn ATDC to boost African trade

The African Export-Import Bank has launched the African Trade and Distribution Company to boost large-scale...

UBA backs Kenya’s roads levy securitisation with $150m investment

United Bank for Africa Plc has pledged $150 million (KES 20.5 billion) to support the...

Zenith Bank to raise $500m via Eurobond, rights issue

Zenith Bank Plc says it plans to raise up to $500 million in fresh capital...