Zenith Bank named best commercial bank in 2024
Zenith Bank Plc has been named the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, holding the title for…
News
Bank recapitalisation: GTCO to launch N400bn public offer
Guaranty Trust Holding Company, GTCO Plc, has concluded to raise N400 billion in new capital as part of the Central Bank of…
NGX halts Unity Bank, seven others’ shares
The NGX Group’s regulatory arm, NGX Regulation has suspended trading in eight firms’ shares due to a failure to file their appropriate…
CIBN appoints Alawuba as Body of Banks CEO chair
The Group Managing Director/Chief Executive Officer of United Bank for Africa Plc, Oliver Alawuba has been nominated Chairman of the Chartered Institute…
Nigerian cash held outside banks hits N3.71trn in May 2024
The amount of currency held outside the country’s banking system has surged to a historic high of N3.71 trillion as of May…
eTranzact launch digital verification for military pensioners
eTranzact, a renowned financial startup, has partnered with the Military Pensions Board to establish a digital verification system for military retirees, according…
BudgIT raises alarm over allocations in 2024 budget
BudgIT, through its open-source service delivery monitoring platform, Tracka, has uncovered significant discrepancies in the 2024 federal budget, particularly concerning the allocation…
Job vacancies, opportunities for foreign professionals rise in Austria
Austria has recorded a notable increase in job vacancies, reporting an average of 196,400 unfilled positions in the first quarter of 2024,…
Active Internet Service Providers drop amid failed licenses renewal
The number of active Internet Service Providers in Nigeria has decreased to 242 in July from 252 in May this year, marking…
Amazon unveils the all-new Echo Spot in celebration of Prime Day
Amazon on Monday launched a new $79 Echo Spot alarm clock with a revised look and enhanced audio quality. This was disclosed…
Ndiame Diop appointed World Bank’s country Director for Nigeria
A Senegalese national, Dr. Ndiamé Diop, has officially begun his new post as the World Bank’s Country Director for Nigeria, succeeding Shubham…
Nigeria’s external reserves rise to $34.66bn, highest in 13 months
Nigeria’s overseas reserves have risen again, this time by $1.88 billion to $34.66 billion as of July 4, 2024, a thirteen-month high.…