A Senior Special Assistant to Ogun State Governor, Dapo Abiodun, has been arrested by the FBI over $350,000 employment fraud during the 2020 COVID-19 lockdown. Abidemi...
African Export-Import Bank (Afreximbank) said it has successfully closed a $1.3 billion dual tenor bond issuance, the Bank’s largest-ever transaction in the international debt capital markets....
The African Development Bank AfDB, and the European Bank for Reconstruction and Development (EBRD) have signed a memorandum of understanding (MoU) to promote sustainable private-sector development...
The Republic of Guinea has signed the Agreement for the Establishment of the Fund for Export-Development in Africa (FEDA), a development impact-oriented subsidiary of the African...
Despite COVID-19, remittance flows remained resilient in 2020, registering a smaller decline than previously projected. Officially recorded remittance flows to low- and middle-income countries reached $540...
The Nigerian Insurers Association (NIA) said insurance companies paid N4 billion as claims arising from over 2,000 businesses affected by the #EndSARS protests. Mr Ganiyu Musa,...
Minister of Finance, Zainab Ahmed has faulted the Accountant General of the federal on using audit report to reconcile MDAs accounts. Speaking during an interactive session...
Indications emerged that Zenith and Access Banks are among the list of financial institutions from Africa and the Middle East bidding to acquire Union Bank and...
The Central Bank of Nigeria (CBN) has announced an extension to its Naira 4 dollar incentive to encourage diaspora remittances till further notice. The apex bank...
Access Bank said it has bought over Grobank in South Africa. This has given the Nigerian bank an opening into the South Africa financial market. In...
The share of US dollar reserves held by central banks fell to 59 per cent—its lowest level in 25 years—during the fourth quarter of 2020, according...
Union Bank of Nigeria Plc shareholders have approved the group’s 2020 annual accounts and commended the board and management for sustained profitability in spite of the...
Access Bank Plc has assured shareholders of sustained dividend payout and improved performance in the years ahead. Mr Herbert Wigwe, Chief Executive Officer of the bank,...
Central Bank of Nigeria Governor Mr. Godwin Emefiele has sacked First Bank Limited and First Bank Holding Board of Directors and reconstitute another. The apex bank...
Central Bank of Nigeria (CBN) has frowned at the Board of the First Bank of Nigeria Plc over the removal of Dr. Adesola Adeduntan, the Managing...