Banking

Nigeria's banking sector experiences a notable uptick in active bank accounts, reaching a total of 219.6 million in March 2024,...

First Bank of Nigeria Limited has named Mr. Olusegun Alebiosu as its Acting Chief Executive Officer, effective immediately, following the...

The Central Bank of Nigeria (CBN) has provided clarity on the recent significant decline in the nation's foreign exchange reserves,...

In a recent regulatory update dated January 20, 2020, the Central Bank of Nigeria (CBN) has announced measures aimed at...

The Nigerian naira has continued its upward trajectory against the US dollar in the official foreign exchange (FX) market, even...

In response to a significant fraud and forgery loss of ₦685 million ($594,943) in 2023, Wema Bank, a prominent Nigerian...

Fidelity Bank has announced a significant increase in its proposed dividend payout to shareholders for the 2023 financial year. The...

The restricted deposit held by ten banks with the Central Bank of Nigeria (CBN) surged to N17.1 trillion in 2023,...

United Bank for Africa (UBA) Plc has assured its investors of its capability to meet the new capital base set...

The Nigerian Exchange Limited (NGX) witnessed a second consecutive week of losses, with banking stocks leading the downturn, according to...