Banking

UBA generates N3.19trn revenue, N767bn profit in 2024

The United Bank for Africa (UBA) has generated a gross revenue of N3.19 trillion and a profit after tax of…

1 year ago

UBA posts N189.84bn profit in Q1 2025

The United Bank for Africa (UBA) has announced a profit of N189.84 billion for the first quarter of 2025. This…

1 year ago

CBN partners JP Morgan, NGX to host pre-spring meetings

Ahead of the International Monetary Fund (IMF) and World Bank Group (WBG) Spring meetings commencing Monday, April 21, 2025, the…

1 year ago

UBA unveils upgraded PoS terminal, revamped MONI app to boost digital payments

The United Bank for Africa (UBA) Plc has unveiled its Point of Sale (POS) terminal as well as the MONI…

1 year ago

CBN: Nigeria posted $6.83bn balance of payments surplus in 2024

The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024…

1 year ago

Diamond Bank Founder, Pascal Dozie, dies at 85

The founder of the defunct Diamond Bank, Pascal Gabriel Dozie, has died at the age of 85. Family sources confirmed…

1 year ago

AfDB seeks stronger partnership with UBA, lauds bank for facilitating Africa’s devt

The President of the African Development Bank (AfDB), Dr Akinwumi Adesina, stated that building bridges between international capitals and African…

1 year ago

CBN sells $197.71m to banks to boost forex liquidity

The Central Bank of Nigeria (CBN) has supplied $197.71 million to the foreign exchange market through sales to authourised dealers.…

1 year ago

FCMB records N111.9bn profit, revenue hits N794bn in 2024

First City Monument Bank, FCMB, has recorded a Profit Before Tax (PBT) of N111.9 billion for the financial year ending…

1 year ago

Sterling Bank removes transfer fees on online transactions

Sterling Bank has removed transfer fees on all local online transactions, becoming the first major Nigerian bank to do so.…

1 year ago

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