By Olumide David The Federal Competition and Consumer Protection Commission has approved 173 digital lending applications to operate in the country. The development follows the March 27, 2023, deadline given by FCCPC for registering the companies. Of the 173, 119…
The First Bank of Nigeria Limited, Nigeria’s premier financial services institution, has announced a phased Corporate name change of its subsidiaries in the United Kingdom and Sub-Saharan Africa. FBNBank UK, FBNBank Sierra Leone, FBNBank Gambia and FBNBank DRC are the…
The Chartered Institute of Bankers of Nigeria (CIBN), has signed a Memorandum of Understanding (MoU) with the National Board for Technical Education (NBTE) to improve banking and finance teaching in polytechnics. A statement issued by CIBN in Abuja on Sunday,…
The Debt Management Office (DMO), on Monday offered two Federal Government of Nigeria (FGN) Savings Bonds for the month of April at N1,000 per unit. According to the DMO, the first offer is a two-year FGN Savings Bond due in…
First City Monument Bank (FCMB) in partnership with the Tulsi Chanrai Foundation (TCF) will provide free corrective eyes surgeries to 350,000 Nigerians in the country. The beneficiaries cut across Cross River, Ogun, Kebbi, Imo, Abuja, Katsina, and Adamawa, among other…
Nigerian Deposit Insurance Corporation (NDIC) has urged Nigerians to keep saving their money with formal banking systems because they remain the safest, smartest and most prudent place to save and the only way through which the corporation can protect deposits.…
Wema Bank Plc in a statement been released has announced Moruf Oseni as the substantive Managing Director and Chief Executive Officer effective from April 1, 2023. While briefing, it was noted that, after serving in acting capacity since January 1,…
…Declares 90 kobo Final Dividend …Total assets rise by 27.2%, close at N10.9trillion Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2022, showing impressive performance across…
The nation’s capital market received a major boost Wednesday as the Senate of the Federal Republic of Nigeria passed into law, the Investments and Securities Bill 2023. The Bill which is expected to aid the functioning of the capital market…
The management of Fidelity Bank Plc has explained why it won’t be able to publish its financial results as stipulated by law is because of the delay in getting regulatory approval to do so. The bank in a statement signed…
