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Banking
294 posts
Access Bank to acquire 51% stake in Angola’s Finibanco
Access Bank Plc, a wholly owned subsidiary of Access Holdings Plc has announced plans to acquire a 51%…
Failed banks: NDIC engaged 467 insured banks in 2021
The Nigeria Deposit Insurance Corporation (NDIC), says its liquidation activities involved about 467 insured banks with a view…
CBN recovers N3.7trn from loan defaulters, to prune interventions
The Central Bank of Nigeria (CBN), said it has recovered about N3.7 trillion out of the N9.3 trillion…
FG tasks DBN on affordable financing to MSMEs
The Federal Government has charged the Development Bank of Nigeria (DBN), to provide affordable financing to a wider…
CBN approves Access Holdings payment coy, Hydrogen
The Central Bank of Nigeria (CBN), has given its approval Access Holdings Plc’s wholly owned payment subsidiary, Hydrogen…
Fitch upgrades First Bank to ‘B’, stable outlook
Fitch Ratings has upgraded FBN Holdings Plc’s (FBNH), and First Bank of Nigeria Limited’s (FBN) long-term issuer default…
CIBN wants banks to cease unreasonable target setting for staff
The Chartered Institute of Bankers of Nigeria (CIBN) has called on banks’ management to stop setting unreasonable targets…
Ecobank appoints Awori as new GCEO, as Adeyemi prepares to retire
The Board of Directors of Ecobank Group has announced the appointment of Jeremy Awori to succeed Ade Ayeyemi…
GTCO reports profit before tax of ₦103.2bn in H1’22
Guaranty Trust Holding Company Plc (GTCO) has released its Audited Consolidated and Separate Financial Statements for the period…
CBN grants Flutterwave switching, processing license
The Central Bank of Nigeria (CBN) has granted Flutterwave a Switching and Processing License, to enable it to…