The World BankThe World Bank was founded by the western powers in July 1944 alongside the International Monitory Fund to mitigate the effects of the war in Europe and America.The second world war...
In a major financial move, First Citizens Bank has acquired a substantial chunk of Silicon Valley Bank's assets at a discount. The deal, which is estimated to be worth around $72 billion, has extensiv...
Investors in the Nigerian Exchange Limited had reason to cheer on Tuesday as the market recovered from a bearish run and posted a N10bn gain. The equities market capitalisation rose by 0.03 per cent t...
First Republic Bank has paid millions of dollars to family members of its founder, James Herbert, for work at the lender, including for consulting services related to interest rates and risk. Herbert,...
First Republic Bank has been making headlines recently for all the wrong reasons. The bank, which is known for its high-end clientele and exclusive services, has been accused of engaging in discrimina...
In the first two months of 2023, the Central Bank of Nigeria (CBN) has allocated N12.65 billion to the Anchor Borrowers Programme (ABP), a primary agricultural intervention initiative, according to Go...
When it comes to the finance industry, there are a plethora of companies to choose from. From large multinational corporations to small, specialized firms, the finance field is home to a diverse range...
In Nigeria, mortgage banking has grown in recent years due to the growing demand for affordable housing. Despite the potential benefits, mortgage banking in Nigeria faces various challenges that ...
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...
In Nigeria, Zenith Bank is said to be amongst the top 5 best financial institutions in the country which has attracted a lot of potential customers willing to use their services. In the past years, Ze...