The loans and advances to customers from seven major banks in Nigeria jumped in the first quarter of this year...
In today’s world, making financial services accessible is fast becoming a key area of concern to policymakers for the well-known...
Nigerian banks have notified their customers that tax will now be charged on bonds and short-term securities on which tax...
The Central Bank of Nigeria (CBN) on Tuesday released the regulatory framework for Open Banking, which sets out principles for...
Nigeria’s financial system remains resilient and continues to provide significant support for the domestic recovery, according to Aisha Ahmad, deputy...
The demand for dollars has surged at the parallel market, popularly known as the black market, following banks’ suspension of...
FSDH Merchant Bank has embarked on programmes that would enhance Foreign Exchange (FX) inflow into the through sensitisation of stakeholders...
Africa Finance Corporation (AFC) has announced a $2 billion facility to promote recovery and resilience in Africa as a result...
Nigerian banks’ total credit extension to the private sector increased by 16 percent Year-on-Year (y/y) to almost N36.4 trillion in...
African Export-Import Bank (Afreximbank) has been awarded the Best Multilateral Development Bank at the Trade Finance Global (TFG) 2022 International...
United Bank for Africa Plc (UBA) has reported a profit before tax of N44.5 billion for the first quarter of...
Nigerian banks and their counterparts in other clans have notified their corporate customers of delays in processing Letters of Credit...
Government finances could come under even more pressure and banks further squeezed as emerging economies, including Nigeria continue to slow,...
Access Bank Plc will by next month, fully transition into a Financial Services Holding Company — Access Holdings, Plc, trading...
Depositor’s funds in the financial institutions are protected by the government through a scheme known as Deposit insurance Scheme (DIS),...