AP LPG terminal, a fully owned subsidiary of Ardova PLC, on Wednesday, 19 January 2022, performed the groundbreaking ceremony for the construction of
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Deposit Money Banks (DMB) and merchant banks have borrowed the sum of N9.17tn from the Central Bank of Nigeria (CBN) through its Standing Lending Faci
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First City Monument Bank (FCMB) has sponsored an energy park comprising a modular refinery, gas processing facility, compressed natural gas plant, a r
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The Central Bank of Nigeria (CBN) has upgraded the status of Parallex Microfinance Bank Limited to that of a Deposit Money Bank (DMB). The financial i
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KPMG, a leading audit, and consultancy firm has recently adjudged Stanbic IBTC Bank as the top-rated bank in the retail and SME segments in its 2021 N
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Ecobank Nigeria Limited has made a statement saying it is committed to being a partner of choice in Africa for export trade. The Executive Director, C
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Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, has introduced a Smart Loan digital solution to enable customers who have an account wit
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Standard Chartered Bank has announced that no worker would be affected by the closure of 50 percent of its Nigerian branches. Bizwatch reported t
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Stanbic IBTC Holdings Plc has sought the Central Bank of Nigeria’s (CBN) approval to establish a wholly-owned financial technology (fintech) com
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United Bank for Africa Plc has made a statement about expanding its services on its artificial intelligence chatbot Leo, and has made an agreement on
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FBN Holdings Plc has given a notification to the Nigerian Exchange Limited and the investing public of the appointment of three new executive director
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The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), has raised alarm that job losses are looming in Nigeria̵
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Bank loans to government have risen by 22.59 per cent, hitting N2.17tn as of the end of September 2021 from N1.77tn recorded in December 2020. This re
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Standard Chartered Bank, a British financial institution, has concluded its plans to shut down some of its branches in Nigeria. Citing insiders’
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The support of Nigeria’s leading digitally-driven financial institution, Wema Bank, for Small and Medium Enterprises (SMEs), has been recognized
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Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings PLC, has emerged as the winner in five out of 10 award categories at the Association of Is
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The final month of 2021 revealed a robust expansion in Nigeria’s private sector with the PMI® improving to a 24-month high. Qu
Read MoreIn its circular, BSD/DIR/GEN/LAB/12/070, to banks dated January 07, 2020, on the regulatory measures to improve lending to the real sector of the Nige
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As part of its continued supports to Micro, Small and Medium Enterprises (MSMEs), Heritage Bank Plc, Nigeria’s most innovative Banking Service p
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Titan Trust Bank Limited (TTB) has emerged as the majority shareholder in Union Bank of Nigeria Plc. This was after an agreement was reached by Uni
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