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Banking
296 posts
Reissuing N200 notes won’t stop cash scarcity crisis, says ASSBIFI
The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), yesterday, said the reintroduction of old…
ICPC arrests sterling, keystone bank managers for hoarding new notes, others
The Independent Corrupt Practices and Other Related Offences Commission (ICPC), said it uncovered N258 million of new naira…
ACAMB refutes hoarding of new naira notes by banks
Amid sanctions and arrests of its officials, Deposit Money Banks (DMBs) have denied hoarding of the new naira…
Fidelity grows profit to N52bn for FY 2022
Fidelity Bank Plc has announced an impressive growth in Profit Before Tax to N52 billion for the Full…
Moody’s downgrades 9 Nigerian banks to Caa1 from B3, changes outlook to stable
Moody’s Investors Service has downgraded to Caa1 from B3 the long-term deposit ratings, issuer ratings as well as…
UBA appoints Abiola Bawuah as first female CEO for Africa operations
. Announces six other executive appointments The Board of Directors of the United Bank for Africa Plc, Africa’s…
FCCPC extends registration of digital money lenders
The Federal Competition and Consumer Protection Commission (FCCPC), in furtherance of the collaboration of the Inter-Agency Joint Task…
NDIC begins verification of depositors of Unyogba MFB
The Nigeria Deposit Insurance Corporation (NDIC), yesterday called on depositors of Unyogba Microfinance Bank in-liquidation to come forward…
Union Bank holds grand finale for N50m savings promo
Following a six-month successful run, the second edition of Union Bank’s Save & Win Palli Promo is finally…
CBN puts total collection of stamp duty at N370.7bn
.Commences forensic investigation into ‘missing’ N89trn The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, yesterday, put the…