Banking

Naira appreciates by 3.3%, trades at N1,354/$

The Naira on Monday, May 6, 2024 further appreciated at the official market, trading at N1,354.21 to the dollar. Data…

2 years ago

Zenith Bank’s earnings hit N781bn, profit rises to N258bn in 3 months

Zenith Bank Plc has announced gross earnings of N781 billion in the first quarter of 2024 which ended on March…

2 years ago

UBA inducts 398 youths after GMAP training

The United Bank for Africa has inducted 398 young Africans into the UBA Tribe after a six-month hands-on-work and learning…

2 years ago

NDIC raises banks’ deposit insurance coverage to N5m

The Nigeria Deposit Insurance Corporation (NDIC) has increased the maximum deposit insurance coverage for depositors of all licenced deposit-taking financial…

2 years ago

CBN director: How I collected $600,000 contract bribe for Emefiele

A former Director of Information Technology of the Central Bank of Nigeria (CBN), Mr. John Ayoh, has explained how he…

2 years ago

Zenith Bank shareholders approve HoldCo structure as Ovia lauds investors

The shareholders of Zenith Bank Plc have approved the restructuring of the bank to a holding company. The shareholders approved…

2 years ago

CBN approves sale of $10,000 at N1,021/$ to 1,583 BDCs

The Central Bank of Nigeria (CBN) has approved the sale of an additional $10,000 to 1,583 eligible Bureaux De Change…

2 years ago

Nigeria secures World Bank’s $2.25bn loan at 1% interest rate

The Federal Government had secured a $2.25 billion single-interest loan from the World Bank. The facility offers a 40-year-term with…

2 years ago

FirstBank appoints Olusegun Alebiosu Acting MD/CEO

Following the sudden resignation of its Managing Director/Chief Executive, the Board of FBN Holdings Plc. has appointed Mr. Olusegun Alebiosu…

2 years ago

AGM: Shareholders remember Wigwe, others at Access Holdings

By ETIM ETIM Out of deference and honour to their departed chairman, Mr. Bababode Odunkoya and Group Chief Executive, Dr.…

2 years ago

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