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Banking
279 posts
CBN licenses 82 BDCs under revised guidelines
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN), has granted Final Licenses to 82 Bureaux De…
First HoldCo sells FBNQuest Merchant Bank to EverQuest
By Izuchukwu Mayor, Lagos First HoldCo Plc, yesterday, announced the successful completion of sale of its 100% ownership…
FirstBank hosts SMEConnect webinar to empower SMEs
By Stanley Onyeka, Lagos FirstBank, West Africa’s premier financial institution and financial inclusion services provider, has announced its…
Zuldal Microfinance Bank not licensed, says CBN
By Tochukwu Bliss, Abuja The attention of the Central Bank of Nigeria (CBN), yesterday, warned the general public…
Banks rake in over N2.4trn profit in Q3, as customers deposits rise
Six banks have posted more than N2.4 trillion as Profit After Tax (PAT) for nine months ended September…
Effective communication key to banking recapitalisation, $1trn economy target – CBN
The Central Bank of Nigeria (CBN) has identified strong and effective communication as a catalyst to actualise the…
FirstHoldCo sustains growth momentum as gross earnings rise 17% to N2.6trn
By Stanley Onyeka, Lagos FirstHoldCo Plc has sustained its growth momentum across core business segments, reporting a 17.1%…
CBN refutes misrepresentation on oil sector FX use
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) has refuted some misrepresentation in a media report…
FirstBank integrates PAPSS into LIT App to boost Africa’s cross-border payments
By Stanley Onyeka, Lagos FirstBank of Nigeria Limited has announced the successful integration of the Pan-African Payment and…
FCCPC supports CBN’s 48-hr failed ATM refund to customers
By Tochukwu Bliss, Abuja The Federal Competition and Consumer Protection Commission (FCCPC), has thrown its weight behind the…