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Banking
296 posts
CBN approves dollars loans by foreign banks in Nigeria
The Central Bank of Nigeria (CBN) has granted permission to foreign banks to give dollar loans to Nigerians…
Access Bank gets approval for acquisition of Finibanco Angola
Access Holdings, yesterday, said its subsidiary, Access Bank Plc, has received regulatory approval from the Central Bank of…
Failed transactions: CBN advised to improve e-payment system
Financial experts have urged the Central Bank of Nigeria (CBN) to improve its payment system to enhance the…
Zenith Bank pays over N100bn dividend to shareholders
Shareholders of Zenith Bank Plc, unanimously approved the proposed final dividend payment of N2.90 per share, to bring…
GTCO Plc posts ₦74.1bn pre-tax profits for Q1’23
Guaranty Trust Holding Company Plc (GTCO) has reported profit before tax of ₦74.1billion, representing an increase of 36.5%…
JPMorgan Chase acquires majority of First Republic Bank assets
JPMorgan Chase yesterday announced it has acquired the substantial majority of assets and assumed the deposits and certain…
Fidelity Bank recommends 42.9% dividend increase in FY 2022
A major highlight of Fidelity Bank Plc’s full year 2022 report is a recommendation of a 42.9% increase…
GTCO posts ₦214.2billion pre-tax profit FY2022
.Declares ₦3.10 dividend Guaranty Trust Holding Company Plc (GTCO) has reported profit before tax of ₦214.2billion, a 3.3%…
Silicon Valley Bank: NDIC tasks regulators on risk management
The Nigeria Deposit Insurance Corporation (NDIC) has urged regulators in the banking industry to draw supervisory lessons from…
CBN to set up trust fund for dormant accounts
Henceforth, funds in customers’ accounts that have been dormant for up to 10 years and above with unclaimed…