Ecobank Nigeria, an affiliate of the leading pan-African banking group Ecobank Group, has been selected as one of five Nigerian banks to participate in the prestigious...
Zenith Bank Plc, Nigeria’s biggest bank by Tier-1 Capital, has assured shareholders and investors of its readiness to satisfy all relevant conditions to exit the Central...
First Bank HoldCo Plc said it spent more than ₦15 billion to protect its systems against criminals between January and June. The Chief Executive Officer (CEO) of First...
Nigerian banks are likely to face lower profitability, tighter capital buffers, and a potential uptick in non-performing loans (NPLs) as the country’s central bank begins a...
The gross balance in the external reserves reduced to $38.045 billion as data showed that the Central Bank of Nigeria (CBN) defended the local currency with...
Nigeria’s petrol import bill fell sharply in the first quarter of 2025, dropping to N1.76 trillion from N3.81 trillion recorded in the corresponding period of 2024....
The Managing Director and CEO of the Bank of Industry (BoI) Limited, Dr. Olasupo Olusi has said Youth-led industrialization, powered by innovation and entrepreneurship, can forge...
In 2024, five Nigerian banks generated a combined N1.695 trillion in pre-tax profit from their foreign subsidiaries, which accounted for 33.5% of their combined group profit...
Zenith Bank Plc has been named “Best Bank in Nigeria” in the Global Finance Best Banks Awards 2025, winning the award for the fifth time in...
The Debt Management Office (DMO), on behalf of the federal government, has offered two savings bonds for subscription at N1,000 per unit. According to a statement...
Fitch Ratings has affirmed Nigeria-based Bank of Industry Limited’s (BOI) credit or Long-Term Issuer Default Rating (IDR) at ‘B’ and its National Long-Term Rating at ‘AAA(nga)...
African Development Bank will launch a carbon markets support facility for the continent, senior bank officials said on Thursday, to unlock finance for a region increasingly...
Ecobank, has been named Best Bank in Africa 2025 in Global Finance’s World’s Best Banks 2025 Awards. The Awards also selected Ecobank Gambia and Ecobank Togo...
National Insurance Commission (NAICOM) has championed an engagement between stakeholders in the Nigerian insurance and marine industries with the Ghana Cargo Technical Committee on study tour...
Central Bank of Nigeria (CBN) has issued a draft framework aimed at overhauling anti-money laundering (AML) practices across the country’s financial sector. In its circular titled...