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,...
Adam Nuru, managing director, First City Monument Bank, who was accused of infidelity with Moyo Thomas, a former worker with the bank, has proceeded on vacation...
The Companies and Allied Matters Act (CAMA) 2020 now permits electronic share transfer and private companies to hold their general meetings virtually, Jennifer Halim-Ubahakwe, head of...
Shago Payments has finally launched its bill payment and e-commerce platform, Shago, into the Nigerian financial sector to serve the banked, unbanked as well as the...
Central Bank of Nigeria (CBN) has directed in a circular signed by Musa Jimoh, its director, Payments System Management Department that Mobile Money Operators (MMOs) are...