Wema Bank Nigeria has released its audited consolidated financial statements for the year ending December 31, 2024, to the Nigerian Exchange Group (NGX), proposing a final dividend of N1 per …
Keystone Bank has taken full control of Bacita Sugar Company, also known as Josepdam Sugar Company, after the firm failed to repay a debt of N25.3 billion. The financial institution …
CBN, The Central Bank of Nigeria has announced the sale of Polaris Bank to a new owner, four years after the government took over the distressed Skye Bank, renamed it before …
The supervisory board of BMCI, an affiliate of BNP Paribas, on Thursday appointed Hicham Seffa as the group’s new Director-General and member of the board of directors. According to numerous …
South Africa’s banking regulator said there is a high risk of money laundering and terrorist financing activity in the industry, citing the extensive use of cash and exposure to overseas …
Kuda Bank has stated that it will start charging N50 to all deposits of N10,000 or more made into customers’ Kuda account. In a mail by the bank to its …
Standard Bank has announced the appointment of Yewande Sadiku, the immediate past CEO of the Nigerian Investment Promotion Council (NIPC), as Head of Investment Banking, International. This was confirmed via …
The top five Nigerian banks by market capitalization FUGAZ (FBN Holdings, UBA Plc, Guaranty Trust Bank, Access Bank and Zenith Bank) paid N8 billion as an information technology tax in …
Airtel Africa Plc has announced that its payment service bank subsidiary, SmartCash has commenced operations in Nigeria. This was disclosed in a statement signed by the company’s secretary, Simon O’Hara …
An Akwa Ibom State High Court has ordered Polaris Bank to pay a customer N500,000 as damages for the bank’s failure to reverse a failed Point of Sales (POS) transaction within …