A new report by Proshare has revealed that only two Tier 1 banks — Zenith Bank and Access Holdings — have crossed the N500 billion share capital and share premium …
Seven big Nigerian banks have reported a combined ₦18.82 trillion in restricted deposits with the Central Bank of Nigeria (CBN) as at March 31, 2025. This is a 7.3 percent …
Parallex Bank Limited has announced the appointment of Mrs Rachel Akhuetie as a Non-Executive Director and member of its Board of Directors, adding significant depth to the bank’s leadership with …
Seamfix Limited has reaffirmed its commitment to bolstering cybersecurity in Nigeria’s financial sector, advocating for biometric-based security solutions as a frontline defence against insider fraud. The company made this known …
United Bank for Africa Plc (UBA) has been named the strongest Nigerian brand in the 2024 Brand Finance ranking, moving up from 9th place last year to the top spot. …
The Central Bank of Nigeria (CBN) has denied social media and online reports suggesting that one of the banks under its regulation is facing distress. In a statement released on …
Wema Bank Plc has celebrated its 80th anniversary with a strong message of commitment to innovation, inclusive banking, and customer satisfaction. The Managing Director and Chief Executive Officer of the …
Guaranty Trust Holding Company Plc (GTCO) has reported a profit before tax of N300.4 billion for the first quarter of 2025, reinforcing its reputation as one of Nigeria’s most resilient …
Guaranty Trust Bank (GTBank) has informed its customers that there will be an increase in the fee for SMS transaction alerts, effective from Thursday, May 1, 2025. The new charge …
Global credit rating agency, Fitch Ratings, has expressed confidence in the resilience of Nigerian banks, stating that their strong profitability will cushion the impact of the recently imposed windfall tax …