Zenith Bank Plc has announced the opening of a new branch in Manchester, United Kingdom, marking another significant milestone in the bank’s international growth and its...
Central Bank of Nigeria (CBN) has instructed commercial banks across Nigeria to prevent loan defaulters from obtaining new credit facilities. The directive was conveyed in a...
The National Insurance Commission has said that 20 insurance companies have applied for verification under the ongoing recapitalisation exercise. The July 31 compliance deadline remains unchanged....
Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, stated that the banking sector recapitalisation programme is progressing in accordance with the approved regulatory...
Oil remained within sight of multi-month highs on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East energy flows, although prices pared gains after a...
Guaranty Trust Holding Company Plc has appointed Marie Namias as an independent non-executive director. The company, in a statement on Tuesday, said Namias, a French national,...
Ecobank Nigeria, a subsidiary of the leading pan-African financial services group Ecobank Group, has unveiled a significantly enhanced version of its multi-award-winning gender financing initiative, Ellevate...
Yields on Nigerian Eurobonds rose as African issuers confront significant selloffs from offshore investors seeking refuge amid escalating tensions in the Middle East. This selloff reflects...
President Bola Tinubu has nominated Mr Taiwo Oyedele as Minister of State for Finance, to replace Dr Doris Uzoka-Anite. Uzoka-Anite will now move to the Ministry...
Fitch in a non-rating commentary note has said that Nigerian deposit money banks with exposure to foreign loans are expected to settle $1.7 billion Eurobonds that...
The Nigeria Deposit Insurance Corporation (NDIC) says the corporation is managing assets of almost 600 failed banks and working to ensure that depositors are paid their...
Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, said that 20 banks have fully met the banking sector recapitalisation programme while 13 others...
