Banking

Fitch Ratings has downgraded the long-term issuer default ratings (IDR) of Union Bank of Nigeria, citing concerns over the bank's...

The Central Bank of Nigeria (CBN) has reduced the foreign exchange (FX) rate for importers to clear goods at Nigerian...

Fidelity Bank has successfully surpassed its initial target of N127.1 billion in the first phase of its recapitalization efforts. This...

The Central Bank of Nigeria (CBN) has announced an exciting job opportunity for qualified professionals, seeking to fill the position...

The Nigeria Deposit Insurance Corporation (NDIC) has provided an update on its efforts to reimburse depositors of the defunct Heritage...

The Central Bank of Nigeria (CBN) has released a new circular providing clear guidelines on the procedures and documentation required...

In a significant move to stabilize Nigeria's financial sector, the Central Bank of Nigeria (CBN) has approved a N700 billion...

In the first half of 2024, five Nigerian banks collectively reported foreign exchange gains amounting to N67.89 billion. This represents...

The Nigerian banking sector has experienced a significant boost in customer deposits, reflecting renewed confidence in the industry during the...

United Bank for Africa (UBA) has emerged as the most visited banking website in Nigeria, according to recent data from...