Monday, May 6, 2024

Employment racket in SEC

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Flagrant nepotism in the Securities and Exchange Commission (SEC) in which five of the six people recently employed are from the North raises credibility...

CBN issues operational guidelines for DFIs

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The Central Bank of Nigeria (CBN) has released the framework for the operations of Development Finance Institutions (DFIs) that provides a level playing field...

Fidelity Bank MD, Okonkwo, Balogun Business Association meet

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In a bid to foster business relationship, Fidelity Bank Plc leadership on Wednesday connected with its customers at the Balogun Business Association...

Wema Bank coasts home with N2.5b profit in Q3

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Wema Bank has sustained its return to profitability with third quarter unaudited profit of N2.5 billion, a strong financial performance in the period ended...

CBN boosts foreign exchange market with $210m

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The Central Bank of Nigeria (CBN) has injected $210million  into the inter-bank Foreign Exchange Market to ensure adequate supply of foreign exchange...

First Bank claps back at a customer who criticized it

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By Pascal Oparada Social Media/Tech Reporter The first bank of Nigeria has...

Fidelity bank launches agency banking partnership with NIPOST

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Deputy Managing Director of Fidelity Bank Plc, Mohammed Balarabe says the bank will provide banking services in 266...

Union Bank leads seven others in N86.3b bad loans

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By Kelechi Mgboji Assistant Business Editor Union Bank of Nigeria took a curious lead in loans impairment charges with 106 per cent increase in bad...

FBN, ETI, Zenith, 11 others hit N28tr assets in nine months

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Banks had a steady growth in assets in the nine months ended September 30, despite dwindling earnings. Third quarter (Q3) financial reports filed with the...

Zenith Bank lights up Gencos, Discos with $100m facility

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Zenith Bank pooling $100 million with French Agency for International Development to raise Nigeria’s power supply says much about the bank’s pedigree as a...

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