Fitch Ratings friday affirmed the national ratings of eight Nigerian banks. The banks are First Bank of Nigeria (FBN), United Bank for Africa (UBA), Fidelity Bank, Diamond Bank, First City ...
The call for restructuring Nigeria has never been louder in the history of this country, the voices cuts across party affiliations and political divides. Nigerians at the moment seems to ...
Fidelity Bank Plc has announced its unaudited results for the half year ended June 30, this year, showing that its deposit base grew to N829.9 billion from N769.6 billion in ...
Diamond Bank Plc is considering raising fresh capital and selling some assets in order to strengthen its capital base, its chief executive said on Wednesday. Uzoma Dozie said the bank's ...
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 target its retail investors for ...
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 nor disburse the estimated $21 ...
A look at gains of CBN new policy on cheque deposit into Savings account Among the many new policies released by the Central Bank of Nigeria (CBN), one very positive one ...
The National Insurance Commission (Naicom) has directed the interim management of the International Energy Insurance (IEI) Plc to suspend the proposed sale of the company’s major equity stake in IEI ...
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, Banking and Payment System Department, ...
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 of leadership from Phillips Oduoza, ...