Banking and Finance
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GTCO Plc Launches Public Offer To Raise N400.5Bn To Support Group-wide Expansion Initiatives
Guaranty Trust Holding Company plc (“GTCO PLC” or the “Issuer”) (NGX: GTCO) has announced the opening of its Offer for…
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Access Bank boosts consumer lending with N740b digital loans
Access Bank PLC has disbursed more than N740 billion in digital loans in a major boost to consumer lending. Consumers…
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HSBC Announces $21.6 Billion Pre-tax Profit In First Half Of 2024
Banking giant HSBC said Wednesday that it’s pre-tax profits in the first half of 2024 came in at $21.6 billion,…
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NDIC Leverages Technology For Prompt Payment Of Heritage Bank Depositors
Nigerian Deposit Insurance Corporation (NDIC) has attributed its swift payment of depositors of the failed Heritage Bank to advanced technology…
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CBN To Sell $20,000 To Each BDC Operator At ₦1,450/$1
The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange (FX) to eligible Bureau de Change (BDC)…
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Zenith Bank Is Poised To Cross N1 Trillion Mark In Profit In 2024 – Adaora Umeoji
Dame Dr Adaora Umeoji, MD/CEO Zenith Bank Plc Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day…
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NDIC Tasks Law Enforcement Agencies On Improved Collaboration To Curb Banking Fraud
The Nigeria Deposit Insurance Corporation (NDIC) has called on law enforcement agencies to enhance their collaboration to combat banking fraud…
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N5m NDIC Coverage: OPay Assures Users Of Safety Of Funds
OPay has reiterated its commitment to ensuring that users’ funds are safe, even as it disclosed that all funds are…
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47.5% Players In Informal Sector Save Through Cooperatives, 39.5% Use Digital Banks, 11% Use Conventional Bank- Report
The “Informal Economy Report 2024” has revealed that only 11 per cent of businesses in the informal sector of Nigeria’s…
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NOVA Bank Commences Business As National Commercial Bank
NOVA Bank, formerly known as NOVA Merchant Bank, has officially commenced operations as a National Commercial Bank, as the bank…
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