Nigeria Deposit Insurance Corporation (NDIC) has warned members of the public against carrying out any transactions with the 46 microfinance banks whose operating licences...
United Bank for Africa (UBA) Plc, Africa’s Global Bank, has rewarded thousands of customers with over ₦400 million in anniversary bonuses under its flagship...
Providus Bank and Unity Bank have completed their business combination and will commence operations as a single unified institution following the conclusion of all...
World Bank has said Nigeria’s greatest fiscal challenge is weak revenue mobilisation rather than excessive borrowing, urging the Federal Government to strengthen revenue generation...
A Nigerian Catholic priest, Rev. Benjamin Okwy Madu, popularly known as Father Ben, has died unexpectedly in the United States just days after delivering...
Ecobank Transnational Incorporated (ETI) has disclosed plan to raise $300 million senior notes from the international debt capital market. The group revealed this in...
Fidelity Bank Plc, at the weekend, launched its “pay yourself” product for customers whose salaries are domiciled in the bank for convenience to enable...
Patrick Akinwuntan, the managing director, Ecobank Nigeria, has said the bank’s newly sourced N50 billion credit will be deployed to support Micro, Small and...
Central Bank of Nigeria (CBN) has vowed to withdraw the operating licences of operators who continue to violate rules regulating dispora remittances into the...
Polaris Bank has introduced a cashflow lending product for small and medium scale enterprises (SMEs) tagged: ‘Polaris Business Loan.’ The facility offers both existing...
The African Development Bank (AfDB) and the European Investment Bank (EIB) have signed a joint partnership action plan highlighting their strengthened cooperation and mutual...
First of Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira denominated debit card and...
Stanbic IBTC Holdings Plc has announced that its Bureau De Change subsidiary, Stanbic IBTC Bureau De Change Limited has discontinued business since January 1,...