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Banking
296 posts
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…
Fidelity Bank to acquire Union Bank UK
Fidelity Bank Plc yesterday said it has entered a binding agreement to acquire 100% stake of Union Bank…
Access Corporation completes acquisition of First Guarantee Pension
Access Corporation yesterday announced it has completed the acquisition of a majority equity stake in First Guarantee Pension…
Ecobank Nigeria unveils special Back2School package
Ecobank Nigeria has unveiled a special Back2School loans and remittances scheme for all its customers. Head, Consumer Banking,…
‘Effective resolution of distress banks critical to depositors’ protection’
The Nigeria Deposit Insurance Corporation (NDIC) yesterday said the effective resolution of banks in distress is critical to…
CBN orders banks to adjust interest rate to 30%
The Central Bank of Nigeria (CBN), has directed deposit money banks to adjust interest rate on savings deposits…
NDIC blames managers for banks failure in Nigeria
The Nigeria Deposit Insurance Corporation (NDIC), has blamed the failure of banking institutions on the officers entrusted to…
Polaris Bank not on sale, says management
The management of Polaris Bank Limited has denied an online report claiming the bank has been sold, describing…
MAN tasks banks, private sector on economic growth
The Manufacturers Association of Nigeria (MAN) on Wednesday urged commercial banks and the Organised Private Sector (OPS) to…