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Banking | Finance

Agusto & Co Upgrades WEMA Bank’s Rating To Bbb+, Confirms Stable Financial Outlook

Following its strong 2023 financial performance, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank,…

2 years ago

Africa’s Voice Needs To Be Heard – Says African Development Bank President

African Development Bank President, Dr Akinwumi Adesina, has said that the world is changing and Africa needs to be at…

2 years ago

Afreximbank Commences Project Development Activities For AQAC In Imo State

African Export-Import Bank (Afreximbank) has announced the commencement of project development activities of its second African Quality Assurance Center (AQAC) in…

2 years ago

Fidelity Bank Undertakes ₦29.6bn Rights Issue, ₦97.5bn Public Offer

Fidelity Bank Plc has concluded all necessary arrangements to raise a total of up to ₦127,100,000,000.00 (One Hundred Twenty-Seven Billion,…

2 years ago

Nigeria’s Foreign Reserves Rise Marginally To $32.74bn

The Central Bank of Nigeria (CBN) has revealed that the country's foreign reserves rose to $32.74 billion as of the…

2 years ago

First Bank Embroils In Alleged Diversion of Customer’s N550m Fund

A civil society organization, Centre For Socio and Economic Justice, has lodged a complaint with the Central Bank of Nigeria…

2 years ago

Uzodimma, Afrexim Bank Unveil Imo’s Africa Quality Assurance Centre

Imo State Governor, Senator Hope Uzodimma, has recorded another feat in his administration's determination to boost commerce and industry in…

2 years ago

JUST IN: CBN Revokes Heritage Bank Operational Licence

The Central Bank of Nigeria (CBN) has revoked the banking licence of Heritage Bank following its inability to meet customer…

2 years ago

FirstBank Maintains Impressive Performance, Posts N238.53bn PBT In Q1 2024

FBN Holdings Plc declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024…

2 years ago

Dr Umeoji Assumes Duty As Zenith Bank’s 1st Female MD/CEO

Today, 1st June 1st 2024, Dame (Dr.) Adaora Umeoji OON assumed office as the first female Group Managing Director and…

2 years ago
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