The National Credit Guarantee Company (NCGC) Friday formalized strategic partnerships with leading Participating Financial Institutions (PFIs) through the signing of a Memorandum of Understanding (MoU) at the Victoria Hall,... Continue

Nigeria’s diversification drive has gathered momentum in recent years as government initiatives push to reduce dependence on crude oil and strengthen non-oil sectors as engines of growth. From the... Continue

The bid by United Bank for Africa Plc to raise ₦157.843bn fresh capital through the issuance of 3,156,869,665 ordinary shares of 50 Kobo each at ₦50.00 per share to... Continue

Union Bank of Nigeria, one of the nation’s longest-standing financial institutions, Monday announced the successful completion of its merger with Titan Trust Bank Limited, following final approval from the... Continue

Japan Credit Rating Agency, Ltd. (JCR) has affirmed African Export-Import Bank’s (Afreximbank) A- issuer credit rating with a stable outlook. The rating reflects JCR’s assessment of Afreximbank’s strong strategic positioning,... Continue

PalmPay, a leading neobank, has outlined key solutions to curb digital payment fraud in Nigeria. This was disclosed by the Managing Director, PalmPay, Chika Nwosu, in a press statement... Continue