The Bank of Ghana recently announced suspending the FX Trading Licences of Guaranty Trust Bank Ghana Limited and FBNBank Ghana Limited. This suspension is expected to start on March 18, 2024, and last...
Regardless of the ongoing evolution and digitalization of the Nigerian economy, traditional banks, especially commercial banks, churn in the most profits among all sectors of the Nigerian economy.In t...
Zenith Bank Plc, a prominent financial institution in Africa, has been honored with the Best Corporate Governance 'Financial Services' Africa 2023 award by the Ethical Boardroom. This prestigious reco...
It has recently been reported that Zenith Bank Plc's shareholders have approved its transformation into a holding company.Zenith Bank Plc shareholders approved it during a court-ordered Extraordinary ...
The Banker Magazine, which is known as a credible source of ranking banks globally in its 2023 top 1000 world banks ranking, shows that Zenith Bank Plc still retained its lead as the ‘Number One Ban...
DefinitionA bank run is a term used to describe a situation where bank customers withdraw all the money in their deposit accounts for fear that the bank insolvency. The more customers withdraw their m...
Zenith Bank Plc, one of Nigeria’s leading financial institutions, has achieved another milestone this year as it was listed in the World Finance 100 2023, which World Finance Magazine released. Zeni...
Fidelity Bank Plc recently announced a 120.1% growth in profit before tax in the first quarter (Q1), which ended March 31, 2024. The bank recorded N39.5bn for Q1 2024, which was far from the correspon...
What exactly is the Mortgage System?Well, simply put, a mortgage is a loan that you take out to buy a house or other property. You borrow money from a bank or other lender, and then you pay it back ov...
One of Nigeria’s long-lasting financial institutions, Union Bank of Nigeria, has announced its delisting from the Nigerian Stock Exchange (NGX) after 52 years of actively paying shareholders with wo...