Category: Banking

Parthian Partners pays third bond coupon

Parthian Partners Limited has made the third consecutive coupon payment on its N10 billion bond....

Fidelity Bank projects over N1bn loss to lawsuits

Fidelity Bank’s management estimated that, for the year ending in December 2023, it would lose...

Fidelity Bank appoints Abolore Solebo as executive director

The Board of Fidelity Bank Plc has announced the appointment of Mr. Abolore Solebo as...

CBN denies plan to convert $30bn dom account dollars to naira

The Central Bank of Nigeria has debunked the news of planning to convert $30bn domiciliary...

Full list: Licensed IMTO’s in Nigeria

Alex Omenye The recent guidelines introduced by the Central Bank of Nigeria regarding the operations...

FBN Holdings reports N362.24bn unaudited pre-tax profit

Bisola David The unaudited condensed financial statements for FY 2023 have been released by FBN...

Femi Otedola named First Bank Holdings chair

Nigerian billionaire, and entrepreneur Femi Otedola, has been appointed as the new chairman of the...

Wema Bank profit rises by 105%

Wema Bank’s profit increased by more than 105 percent to N23.36 billion in 2023, from...

CBN releases additional $500m to clear FX backlog

The Central Bank of Nigeria has granted an additional $500 million to get rid of...

FCMB increases earnings by 207% to N95bn

FCMB Group has recorded a 206.86 per cent increase in profit for the fiscal year ending...

FCMB reports gross earnings of N516.8bn in 2023

FCMB Group Plc has released its unaudited annual report and financial statements for fiscal year...

Why CBN won’t print naira again – Budget minister

The Federal Government has stated that it will no longer permit the Central Bank of Nigeria...

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