BANKING

Nigerian mid-tier lender FCMB plans to raise 10 to 15 billion naira ($47 million) in Tier II debt to boost its capital ratio and will […]

The Central Bank of Nigeria (CBN) yesterday stopped hundreds of global remittance companies from operating in the country. The affected firms will no longer receive […]

The Central Bank of Nigeria (CBN) yesterday directed banks and other financial institution to allow customers operating savings accounts to lodge in cheques. CBN Director, […]

Kennedy Uzoka monday resumed as the Group Managing Director and Chief Executive Officer of the United Bank for Africa (UBA) Plc. He took the mantle […]

FCMB Group Plc has reported a profit before tax (PBT) of N16.3 billion for the six-months ended 30 June 2016. This represents an increase of […]

As part of its unwavering commitment towards the advancement of the economy, Fidelity Bank Plc, in partnership with the Nigerian Export Promotion Council (NEPC) has […]

Wema Bank Plc, which aims to expand its branch network this year, plans to issue 20 billion naira ($63 million) in bonds this month, its […]

The Central Bank of Nigeria (CBN) has told commercial lenders to take extra provisions on all dollar loans, in the aftermath of its decision to […]

Nigerians will, from today, struggle harder for foreign exchange as banks are also looking for it, especially the United States dollar, to scale up their […]

The Consumer Protection Council (CPC) has ordered First City Monument Bank (FCMB) to refund, within 30 days, the sum of N1.54 billion it deducted from […]