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Banking
293 posts
FirstBank simplifies home ownership for Nigerians with single-digit interest rate
By Stanley Onyeka, Lagos For millions of Nigerians, homeownership has long felt like an ambition deferred. Squeezed by…
20 banks meet new minimum capital requirements, says Cardoso
. ₦4.05trn raised so far . As MPC cuts rates By Tochukwu Bliss, Abuja The Governor, Central Bank…
CBN okays weekly FX Sale of $150k to each BDC
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) said it has approved the participation of licensed…
First HoldCo grows gross earnings to N3.4trn in 2025
By Stanley Onyeka, Lagos First HoldCo Plc has announced a record 4.8% year-on-year (y-o-y) increase in its Gross…
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…