Banking and Finance
-
FBN Holdings Appoints Otedola As Chairman
First Bank of Nigeria Holdings Plc has appointed the 20th richest man in Africa, Femi Otedola, as its new Chairman?…
Read More » -
CBN Moves To Boost Liquidity In Forex Market, Pegs Trade, Assets in Forex
The Central Bank of Nigeria (CBN), has ordered banks to limit the Net Open Position (NOP) of their foreign currency…
Read More » -
CBN Clears Another $500m FX Backlog To Stem Naira’s Continuing Decline
•Tinubu transfers crude oil revenue receipts from NNPCL to CBN •Move aimed at ensuring transparency, accountability The Central Bank…
Read More » -
Standard Bank Report Predicts Increase in Reserves Buoyed By Domestic Oil Refinery Operation
*Says growth potential beset by worsening FX crisis, inflation, insecurity, others *Forecasts naira to officially weaken to N1,171/$ by December…
Read More » -
Fidelity, Zenith, Access make list of most Capitalized Banks in Q3 2023
Leading financial institution, Fidelity Bank, has been listed as one of most capitalized banks in Nigeria based on Q3 2023…
Read More » -
Alternative Bank Delights Customers with Exclusive Seasonal Product
Ahead of the festive period, The Alternative Bank is offering customers an innovative financial product designed to enhance the holiday…
Read More » -
Polaris Bank Pledges Support For Infrastructure Development, Housing, Education, Other Sectors In Ogun State
L-R: Chinwe Iloghalu, Polaris Bank’s Executive Director, Lagos & Corporate Banking; Adekunle Sonola, Polaris Bank’s Managing Director/CEO, Governor Dapo Abiodun…
Read More » -
Shelter Afrique Partners Islamic Development Bank Institute To Provide Housing Solutions Across Africa
Shelter Afrique Development Bank, the leading Pan-African Housing Finance Institution, announced a collaboration with the Islamic Development Bank Institute (IsDBI)…
Read More » -
CBN To Freeze Bank Accounts Without BVN, NIN Starting April 2024
The Central Bank of Nigeria (CBN) says it will freeze accounts without a Bank Verification Number (BVN) or National Identification…
Read More » -
Fidelity Bank Signs UN Principles for Responsible Banking
Fidelity Bank Plc has become an official signatory of the UN Principles for Responsible Banking (PRB) – a single framework…
Read More »