Despite the economic struggles, six banks in the Nigerian financial sector are reported to have gained profits by 214% to N2.06tn in the period that ended September 2023 when compared to the correspon...
In an effort to minimize the chance of delays when processing Peer-to-Peer (P2P) transactions, Binance, the world's largest cryptocurrency, recently said that it had integrated 12 Nigeri...
The Central Bank of Nigeria (CBN) of Nigeria has released guidelines for enhanced cyber security in the Nigerian financial industry, particularly among the Other Financial Institutions (OFIs). ...
The value of 14 listed banks decreased by N134 billion in the first half (H1) of 2022 due to investors' continued apathy and divestment from banking equities at the Nigerian Exchange Limited (NGX)...
According to reports, MTN Telecommunications sued 18 Nigerian banks over a mobile money fraud that cost them $22.3 billion ($53.7 million). MTN claims that its newly registered mobile money ...
The Central Bank of Nigeria has fined three Nigerian commercial banks a sum of N800 million for failing to adjust to regulations forbidding consumers from transacting in cryptocurrencies. Accor...
Fanatics to the fundamentals of investing often recall one of Warren Buffet's initial stock-picking tactics. He chose stocks that were trading at a lower price than their book value. The concept is...
Nigerian Bank, Polaris, has recorded a profit (before tax) of N28.9 billion for the financial year ending in December 2020, according to its financial report. This is a growth of about ...
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...
This week was a good one for Access Bank as it dethrones Zenith Bank from the position of the biggest bank in Nigeria by asset. Zenith, which has occupied the throne for 37 weeks, since February, disc...