Stanbic IBTC Holdings PLC, has highlighted its array of solutions to support businesses in the country to make the most of 2021. The solutions on offer...
Central Bank of Nigeria (CBN) has said 874 microfinance banks have licences to operate in the country. It listed the names of the MfBs in its...
The federal government has perfected ways to borrow funds from unclaimed dividends and dormant bank account balances unattended to for at least six years, thanks to...
The Finance Act 2020 recently signed into law by President Muhammadu Buhari, imposes N50 levy on electronic transfer of money deposited in any bank or financial...
Prudential Zenith Life Insurance has successfully raised its authorised share capital to N5 billion. The figure however, surpassed the new minimum capital requirement of N4 billion...
Polaris Bank said it has continued to receive plaudits from its customers since it commenced payment of US dollars to beneficiaries of money transfer in line...
Central Bank of Nigeria (CBN) injected $4.37 billion into the foreign exchange market in the third quarter of 2020 as part of efforts to ensure the...
The new enrolments for the Biometric Verification Number (BVN) by bank account owners in the country rose by 1.7 million in the last two months bringing...
The Africa Finance Corporation (AFC) has announced that it has successfully secured a $250 million tier-2 capital loan from United States’ International Development Finance Corporation (DFC)....
First City Monument Bank has appointed an acting Managing Director, Yemisi Edun. Edun was asked to step into the shoes of the Managing Director, Adam Nuhu,...