BANKING

Manufacturers Urges Banks Not to Hoard Forex after Nigeria’s central bank Directive - The Manufacturers Association of Nigeria (MAN) has urged commercial banks to comply strictly with the Central Bank of...

Court Adjourn Trial of Zenith Bank Over Alleged N6.4bn Illegal Charges - Federal High Court has set a new date for the hearing of suit filed by a Nigerian Independent Oil...

Unity Bank Records N23B Gross Earnings in H1 2021, Grows 34% in Pre-tax Profit - Nigeria’s retail lender, Unity Bank Plc has declared a half-year result posting gross earnings of 23.6 billion...

Wema Bank appoints Two New Non-Executive Directors - Wema Bank has announced the appointment of two Non-Executive Directors to its Board of Directors following the approval of the Central Bank of...

Union Bank Reports 1.7% Rise in Profit after Tax to ₦11Billion in H1 2021 - Union Bank, one of Nigeria’s longest-standing and most respected financial institutions, announces its unaudited financial statements...

Over 200 Graduates Emerge From The Ecobank Group And AUDA-NEPAD MSME Training - The leading pan-African banking group, Ecobank Group and the African Union Development Agency New Partnership for Africa’s Development (AUDA-NEPAD), held...

Nigeria central bank says e-naira will make transactions cheaper - The Central Bank of Nigeria (CBN) has said that transactions will be cheaper to conduct with Nigeria’s digital currency, e-naira....

Naira falls to new lows As CBN Channels N2.3tn Forex Sales to Commercial Banks - The naira to dollar exchange rate dipped to N505 to one dollar at the parallel market...

Ecobank Impresses With 29% Growth in H1 2021 Net Profit - In the first half of 2021, Ecobank Transnational Incorporated (ETI) reported a 29 per cent growth in profit after tax,...

15 Fidelity Bank Customers Share N39m in GAIM Promo - No fewer than 15 Fidelity Bank customers have gone home with N39 million in the Get Alert in Millions (GAIM 4)...