Banking

In a move aimed at pre-empting potential legal disputes, nine major Deposit Money Banks (DMBs) in Nigeria have collectively set...

Nigerian banks faced a challenging April, marked by losses across major banking stocks, coinciding with the first month-to-date decline in...

The Nigeria Deposit Insurance Corporation (NDIC) has introduced significant adjustments to the maximum deposit insurance coverage levels across various sectors...

Eterna Oil Plc Unveils Q1 2024 Financial Performance: Navigating Challenges Amidst Revenue Growth Eterna Oil Plc has disclosed its financial...

As the cash scarcity intensifies across Nigeria, several banks have instituted withdrawal limits for customers, further exacerbating the challenges faced...

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...