Banking and Finance
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Senate Confirms Seven Nominees For NDIC Board
The Senate on Tuesday confirmed the appointment of Dr Abdul Hakeem Mobolaji as chairman of the Governing Board of the…
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Ajay Banga Selected 14th President Of The World Bank
Ajay Banga The Executive Directors of the World Bank have selected Ajay Banga as President of the World Bank for…
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PAPSS, ASEA Forge Strategic Partnership To Revolutionize Cross-Border Payment Of Stock Exchanges In Africa
Mr. Mike Ogbalu III, CEO of PAPSS (left) and Mr Thapelo Tsheole, President of ASEA and CEO of Botswana Stock…
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CBN Revised Guidelines: Foreign Banks To Pay N15m Licensing Fee
Foreign banks operating as representative offices in Nigeria are to pay N15 million for licensing fees, the Central Bank…
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Nigerian Banks Lose Billions Of Naira On Ghana’s Debt Crisis
An analysis of 2022 full-year financial statements of some Nigerian banks showed that they incurred an impairment loss running into…
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CBN Urges Banks To Transfer Funds In Dormant Account Into Trust Fund Account For Investment in Treasury Bills
The Central Bank of Nigeria (CBN) has proposed that banks transfer funds in accounts that have been dormant for up…
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Investors Acquire N13.97bn Fidelity Bank Shares Through Private Placement
Fidelity Bank Plc said it has sold shares worth N13.97 billion through private placement to two investors. This was contained…
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UBA Group Posts 47.5% Growth In Gross Earnings, N61.4bn As Profit In Q1 2023
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its unaudited results for the first quarter ended March…
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Minister Tasks Youths On Diligence, Hard Work, Urges Govt To Be Deliberate About Youth Development
L-R: Wole Adeniyi, Chief Executive, Stanbic IBTC Bank; Temitope Onisarotu, Marketing Manager, Corporate and Investment Banking,Stanbic IBTC; Sandrah Tubobereni, Creative…
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Shareholders Accuse Aso Savings Of Asset Stripping Of Union Homes
L-R: Sir Sunny Nwosu, Chairman Emeritus, Independent Shareholders Association of Nigeria (ISAN); Mr Moses Igbrude, National Co-ordinator, Independent Shareholders Association…
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