Nigeria, Bangladesh and Pakistan have emerged as the top three largest debtor to World Bank’s International Development Association (IDA) as of June 30, 2024. Nigeria is...
Debt Management Office (DMO) has issued two Federal Government savings bonds for subscription. The DMO announced the offer in a statement on Monday in Abuja. It...
Ecobank Uganda Limited has formed a strategic partnership with Ria Money Transfer, a renowned global leader in cross-border remittance services. This partnership will significantly improve remittance...
Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2024, recording an impressive triple-digit growth of 117% in gross earnings from...
The federal government has said that it will intensify efforts that will ensure Nigeria’s removal from the black list of the Financial Action Task Force (FATF)...
Some customers of various banks have decried the financial institutions’ continuous arbitrary debit of their money. In separate interviews on Sunday in Abuja, the bank...
African Export-Import Bank has successfully arranged a senior $500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility...
African Development Bank-supported AfriCircular Innovators Programme has selected 30 small and medium enterprises to receive financing and technical assistance to scale up circular economy initiatives. This...
FirstBank, the West African premier financial institution and financial inclusion services provider has emerged the winner of the prestigious Euromoney Award for Nigeria’s Best Bank in...
Ecobank Nigeria said all arrangement have been concluded for its pop-up marketplace exhibition, known as “Oja Oge” as part of its initiatives to empower Small and...
Nigeria Data Protection Commission (NDPC) says the Federal Government has fined Fidelity Bank Plc. N555,800,000 for data breaches. National Commissioner of NDPC, Dr Vincent Olatunji, said...
By Francis Nnanyelu In the complex tapestry of Nigeria’s economic landscape, the banking sector stands as a beacon of stability and profitability. Despite economic headwinds, Nigerian...
Despite the challenging environment following the Central Bank of Nigeria’s intervention in January 2024, which led to heightened customer concerns, Union Bank of Nigeria has reported...
The Central Bank of Nigeria (CBN) has reported a significant increase in remittance inflows, reaching $553 million in July 2024, a 130 per cent increase from...
FirstBank, has commenced its 2024 Corporate Responsibility and Sustainability (CR&S) Week, scheduled for 19 to 24 August. This year’s edition aims to reinforce the bank’s positive...