Banking
CBN, NSA exposed $616m deals Raise Concerns of Opaque Dealings.
In a revelation that sheds light on the opaque dealings of the Central Bank of Nigeria (CBN) under the recently...
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Zenith Bank’s Market Cap Surpasses One Trillion Naira as Shares Soar by 3.23%
Zenith Bank, one of Nigeria's leading financial institutions, has witnessed a significant increase in its market capitalization, surpassing the one...
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Polaris Bank Announces 2023 Graduate Intensive Trainee Programme.
Polaris Bank, a leading commercial bank in Nigeria, is inviting applications for its 2023 Polaris Graduate Intensive Trainee Programme. Established...
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CBN Supplies $29.5 Million at FX Auction as Naira Depreciates at I&E Window.
The Central Bank of Nigeria (CBN) injected approximately $29.5 million into the foreign exchange (FX) market during the recent auction...
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Key Takeaway from the CBN’s Newly Introduced Customer due Diligence Rules.
The Central Bank of Nigeria (CBN) has taken a significant step in its fight against financial crimes by introducing the...
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CBN increases Fines and Penalties for Non-Compliance of Customer Due Diligence Regulation.
The Central Bank of Nigeria (CBN) has released the Customer Due Diligence (CDD) regulations for 2023, aimed at assisting financial...
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Titan Trust Bank to acquire Union Bank minority shares.
In a recent development, Union Bank Plc has announced that shareholders will receive N7.00 per scheme share as consideration for...
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ECOWAS Bank Signs $30M Credit Line with Access Bank in Ghana
ECOWAS Bank for Investment and Development (EBID) has entered into a credit line agreement worth $30 million with Access Bank...
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FG Collects Over N200 Million in Penalties from Banks for Data Privacy Violations.
The Federal Government of Nigeria has successfully collected a substantial sum exceeding N200 million in penalties from multiple banks and...
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Stanbic IBTC appoints Mr. Yinka Sanni as Non-Executive Director.
In a recent statement, the Board of Directors of Stanbic IBTC Holdings PLC announced the appointment of Mr. Yinka Sanni...
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