BANKING

Union Bank grows gross earnings to N175b - Union Bank of Nigeria (UBN) Plc recorded modest growth in the top-line in 2021, showing steady revenue growth and strong business momentum driven...

CBN approves DLM Group’s acquisition of Links MfB - Development Investment Bank, DLM Capital, has received the final approval of the Central Bank of Nigeria (CBN) to acquire Links Microfinance Bank...

MTN Nigeria diversifies into banking, gets final approval for MoMo Bank - The approval gives the firm the leave to operate virtually all the services offered by conventional commercial banks except...

Aggrieved depositors petition banks over N546bn illegal charges, others - No fewer than 2,256 depositors have lodged complaints on transactions totalling N368.9bn and $428.7m (N177.05bn) on their accounts against their banks...

Union Bank Creates Innovative Co-Creation Hub, SpaceNXT - A technological and innovation hub known as SpaceNXT, which is expected to provide an enabling environment where tech enthusiasts, has been created by...

United Bank for Africa records N153 billion profit before tax - United Bank for Africa (UBA), grew its Profit Before Tax (PBT) by 20.3 per cent to N153.1 billion in 2021...

Zenith Bank Shareholders approved N93.33b dividends for 2021 - Shareholders of Zenith Bank Plc have approved N97.33 billion final dividend for the financial year ended December 31, 2021. During the 31st...

Fidelity Bank Vows to Sustain Current Performance Trend as Share Price Jumps 35% - The Managing Director/Chief Executive Officer of Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, has assured shareholders that the...

Crypto Ban: CBN Fines FCMB N400m Over Failure to Close Customers’ Accounts - Mid-level lender, First City Monument Bank (FCMB), got a knock from the Central Bank of Nigeria (CBN) over...

GTBank seeks to give out more loans to customers in 2022 - In apparent cautious move, Guaranty Trust Bank intends to return on loans growth path in 2022 financial year after...