Records show that Nigerian banks have borrowed N12 trillion from the Central Bank of Nigeria (CBN) in the past eight months. The CBN data showed that money borrowed from the apex bank from January to ...
As Nigerian banks continue to endorse digitalization, there has been a shift in revenue. In the first half of 2023, the total revenue generated from electronic transactions was N192.010 billion. These...
The African Petroleum Producers Organisation (APPO) recently announced that it has decided to give funding of five billion dollars to the development of an African Energy Bank (AEB) to develop all oil...
On Wednesday, Fidelity Bank announced to the public that they had completed the 100% acquisition of Union Bank UK, a subsidiary of Union Bank Plc.Fidelity Bank, which is known as a tier-2 financial in...
Africa's leading payment technology, Flutterwave made a special announcement on the launching of Swap. The announcement was made by the CEO and founder of Flutterwave on September 11, 2023, in Lagos, ...
Guaranty Trust Holding Company Plc (GTCO) has announced an interim dividend of N14.72 billion for the half-year ended June 2023, representing 50 kobo per share.The dividend is payable to shareholders ...
In a striking continuation of success, Fidelity Bank Plc, a prominent player in the financial sector, has once again secured the top position for earnings per share on the Nigerian Exchange Limited (N...
Shubham Chaudhuri, the Director of the World Bank of Nigeria has announced that it's going to partner with the National Identity Management for a successful rollout and registration of Digital Nationa...
China's Evergrande Group, renowned for being the world's most heavily indebted property developer, has taken a significant step to rectify its financial troubles. The company has opted for bankruptcy ...
On August 17th, 2023, the unofficial market for currency exchange in Nigeria displayed further positive movement in the naira-dollar exchange rate. Similarly, the official Investors and Exporter...