By Idris Bakare In line with its upward growth trajectory, Fidelity Bank Plc, has shown an impressive result of 34.7 per cent growth in profits from N28.1bn at the end of Q3 2021 to N37.8bn for the Q3 2022. This…
The Central Bank of Nigeria (CBN) said it followed due process in its decision to redesign some denominations of the naira, adding that the exercise was 12 years overdue. The apex bank made this known via its verified twitter account…
By Idris Bakare The Central Bank of Nigeria (CBN) recently took its ongoing sensitisation campaign on its digital currency -eNaira- to students and community of University of Lagos, Akoka, Lagos. The exercise saw officials of the apex bank’s eNaira team…
There are more economic troubles for the world, the World Bank warns. The global bank noted, yesterday, from its Washington DC headquarters that the shrinking value of the currencies of most developing economies is driving up food and fuel prices…
The Association of Bureaux De Change of Nigeria (ABCON) has said the Bureaux De Change (BDCs) are at the centre of Central Bank of Nigeria (CBN’s) exchange rate policies. The ABCON President, Aminu Gwadabe, who disclosed this at a media…
The Head, Energy, Downstream and International Oil Trading, First Bank of Nigeria (PLC), Mrs Oluwatoyin Aina, has said that the bank has financed several projects in the energy sector and will continue to do so. Aina said this at the ongoing…
Parallex Bank Ltd., has won the “Excellence in Agency Banking Award,” at the 2022 Finnovex West Africa Awards and Summit. The bank bagged the award at the Finnovex West Africa Awards, organised by Exibex, a United Arab Emirates-based event management…
By Idris Bakare As part of its efforts towards facilitating the distribution of petroleum products across the country and in support of the Federal Government’s reforms in the nation’s oil industry, Fidelity Bank Plc, recently joined President Muhammadu Buhari and…
By Idris Bakare The website of eNaira has witness over 2.5million daily visit after one year of its launch.The Governor, Central Bank of Nigeria, Godwin Emefiele disclosed this during the first anniversary of the eNaira launch in Lagos on Tuesday.…
… claim to obtain Pencom, FCCPC approvals Access Holding Pls has announced it proposed acquisition of indirect equity stake in Sigma Pensions. This was contained in a statement on the Exchange, Group Company Secretary, Access Corporation, Mr. Sunday Ekwochi disclosed…
