Fidelity Bank Peaks At 207%, Triple Earnings Growth In 2023

According to a recent unaudited financial statement that the top Tier-II lender submitted with a regulator on Wednesday, Fidelity Bank Plc has strengthened its...

CBN Instructs All Banks To Sell Excess Dollars With 24 Hours Deadline

Deposit Money Banks are required to sell their excess dollar stock by February 1, 2024, at the latest, by the Central Bank of Nigeria,...

First Bank Holdings Elects Femi Otedola As Board Chairman

Femi Otedola, a Nigerian billionaire and businessman, has been named as the new chairman of the board of directors of First Bank of Nigeria...

Wema Bank Multiplies Profit Margins By 105%

Wema Bank's earnings increased from N11.35 billion to N23.36 billion in 2023—a gain of more than 105%. Revenue increased by 61.36 percent to N181.87 billion,...

CBN To Pay Additional $64m To Foreign Airlines

According to an official announcement made today, the Central Bank of Nigeria (CBN) has completed the payment of all validated claims by airlines with...

CBN Disburses Additional $500m To Clear FX Backlog

The Central Bank of Nigeria (CBN) says it has issued $500 million to various sectors as part of its efforts to reduce the backlog...

Yield Rises As CBN Increases Rates On Treasury Bills

The average yield rose when the Central Bank of Nigeria (CBN) raised the spot rate on Nigerian Treasury Bills auctioned in the main market....

Access Plc. Set To Buy Acquire ARM Pension Managers

Access Holdings Plc has secured the requisite clearance for its subsidiary, Access Pensions Ltd., to acquire ARM Pension Managers (PFA), Ltd., according to Dr...

Sanusi Supports CBN’s Decision to Relocate Departments to Lagos

Sanusi Lamido, the former Emir of Kano and ex-Governor of the Central Bank of Nigeria (CBN), has expressed support for the CBN's plan to...

Interswitch Commences The Sale Of 2024 JAMB ePINS On Quickteller

Leading integrated digital payments and commerce company, Interswitch, has announced the commencement of the sale of ePINS for the 2024 Unified Tertiary Matriculation Examination...

CBN Sets 21.4% As Inflation Rate For 2024

Amid widespread price volatility, the Central Bank of Nigeria (CBN) has set a 21.4% inflation goal for 2024, claiming that the local currency, the...

GTCO Plc Headlines Sponsorship Of The 2024 NPA Lagos International Polo Tournament

All is set for the 120th edition of the NPA Lagos International Polo Tournament sponsored by Guaranty Trust Holding Company Plc (GTCO). The expanded...

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