BANKING

Wema Bank grows balance sheet size to N1tr - Wema Bank Plc has  announced its audited results for year ended December 31, 2020 which showed over N1trillion balance sheet size. The...

Polaris Bank’s assets hit N1.2tr and profit rises to N28.9b - Polaris Bank Limited grew its balance sheet to N1.2 trillion and continued its growth trajectory with a pre-tax profit of...

Banks electronic transfers hit N356.47tr - The National Bureau of Statistics (NBS) yesterday said in the Fourth Quarter (Q4) 2020, total transactions recorded through Electronic Payment Channels reached N356.47 trillion. According...

Naira Gains 0.06% against Dollar at I&E - The Naira appreciated by 25 kobo or 0.06 per cent against the US Dollar at the Investors and Exporters (I&E) window of the...

Zenith Bank’s profit after tax rises by 5% in Q1 2021 - Zenith Bank Plc’s Profit After Tax (PAT) went up by 5% to N53.1 billion in the first quarter of...

Fidelity Bank approves 22k dividend - The shareholders of Fidelity Bank Plc have unanimously endorsed the payment of a cash dividend of 22 kobo per share to shareholders whose names appear...

HoldCo: GTBank to announce new board of directors - Guaranty Trust Bank (GTBank) Plc is set to announce new members of its Board of Directors in line with the ongoing corporate...

N120b CBN metering intervention timely – Consumers: One of the myriad of challenges bedeviling the Nigerian Electricity Supply Industry (NESI) is metering. On its own, the Nigeria Electricity Regulatory Commission (NERC)...

Leadership Crisis: CBN Sacks First Bank Directors, Reinstates Adeduntan - The leadership crisis at First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc, has taken a new twist with...

Says bank under forbearance, liquidity support can’t remove helmsman without approval Adesola Adeduntan: CBN Queries First Bank As CEO Is ‘Purportedly Forced Out" - The Central Bank of Nigeria (CBN) yesterday...