Sterling Bank has introduced AlwaysOn, a new feature on its OneBank platform that offers eligible Nigerians access to as much as ¦ 1 million in monthly advances, even when their account balances are low. Launched on Workers’ Day, the feature…
Financial analysts at AAG Capital Limited have set a price target of ¦ 41.75 for First Holdco Plc, indicating a potential 63 per cent increase from its current trading price of ¦ 24.80. The bullish projection is rooted in the…
The Managing Director of Wema Bank, Mr Moruf Oseni, has revealed the bank’s foremost goal is returning to Nigeria’s top tier of banking. He stated this during the Gala Night in Lagos, celebrating the bank’s 80th anniversary under the theme,…
Jaiz Bank Plc, Nigeria’s pioneering non-interest bank, has earmarked a N10 billion facility to ensure a smooth Hajj and Umrah experience for tour operators in Nigeria. The Bank’s Managing Director/CEO, Haruna Musa, Ph.D., made this announcement during the 2nd National…
Sterling Bank has introduced a new feature on its OneBank app, known as ‘AlwaysOn by Sterling’, which offers eligible customers up to N1 million in monthly financial advances. Announcing the initiative in a statement on Friday, Chief Executive Officer Abubakar…
The Central Bank of Nigeria (CBN) has reported a remarkable turnaround, posting a profit of N38.8 billion after tax for 2024, a stark recovery from the unprecedented N1.15 trillion loss it recorded in 2023. The apex bank’s audited financial statement,…
By Seun Ibiyemi Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2025, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The…
President Bola Tinubu has extended warm congratulations to WEMA Bank as it marks its 80th anniversary on 2 May, acknowledging the institution’s remarkable staying power and contributions to Nigeria’s banking sector. In a statement issued by presidential spokesperson Mr Bayo…
Fidelity Bank and Union Bank have announced an increase in the fee charged for SMS transaction alerts, citing an industry-wide rise in SMS costs by telecommunications providers. Fidelity Bank disclosed that, effective Thursday, May 1, 2025, SMS alert charges would…
The Securities and Exchange Commission (SEC) has identified another suspected illegal investment operation, this time involving an online platform known as TOFRO.COM (Tofro). In a notice issued on Thursday and circulated to journalists, the commission alerted the public to the activities of…
