Banking

CBN retains interest rate at 27.5%

The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 27.5 per cent. CBN Governor Olayemi…

5 months ago

Zenith Bank emerges Nigeria’s best bank at Euromoney Awards

Zenith Bank Plc has been named “Nigeria’s Best Bank” at the Euromoney Awards for Excellence 2025. The award was presented…

5 months ago

First HoldCo discloses buyer in N323bn shares deal

First HoldCo Plc has disclosed that billionaire businessman Femi Otedola and the Federal Government were not involved in the sale…

5 months ago

First Bank digital loans hit N1trn, disburses N1bn daily

First Bank has announced the achievement of N1 trillion in cumulative instant digital loan disbursements. First Bank announced this via…

5 months ago

FG denies involvement in First Holdco shares acquisition

The Federal Government has denied its involvement in the acquisition of the shares of First Bank Holdings (First Holdco Plc).…

5 months ago

UBA to raise N157bn via rights issue

The United Bank for Africa Plc (UBA) has announced plans to raise N157 billion via a rights issue. UBA made…

5 months ago

First Bank partners UNGC to boost capital for development

First Bank has strengthened its partnership with the United Nations Global Compact (UNGC) to reaffirm its commitment to driving sustainable…

5 months ago

UBA announces expansion into key markets across Africa

UBA Group senior executives recently concluded the Group’s Half Year Business Review. Held at global headquarters in Lagos State, the…

5 months ago

Nigerian banks resume int’l transactions on naira cards

Commercial banks in Nigeria have resumed international transactions on their naira cards, after about three years of suspension. No fewer…

5 months ago

$2bn Tier-1 capital: Zenith Bank emerges number one bank in Nigeria for 16th time

Zenith Bank Plc has retained its position as the number one bank in Nigeria by Tier-1 Capital for the sixteenth…

5 months ago

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