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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 70 per cent from N9.6 ...

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 formally inaugurated the Zero2Export project. ...

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 chief finance officer said on ...

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 let the naira trade freely ...

 This year’s May Day activities in Nigeria were marked with the Nigerian Labour Congress (NLC) and the Trade Unions Congress (TUC) jointly tabling a demand for the upward review of ...

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 loan provisions. The Central Bank ...

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 the Bauchi State Government’s loan ...

A natural consolidation in form of mergers and acquisitions is likely in the Nigerian banking sector, economic and financial experts have predicted. They said with the myriads of challenges facing ...

It is a fact that ‘The world stops when a man of Integrity and good leadership is celebrated! This was the case for the outgoing MD/CEO of UBA Mr. Philip ...

‎The management of Sterling Bank Plc. has expressed the desire of the bank to raise the sum of N35 billion by the second half of 2016.According to the bank in ...