Fitch Ratings has said foreign currency liquidity presents a significant risk to Nigerian banks’ ratings. The international rating organisation said this in its report on Tuesday...
Agusto & Co. has assigned an ‘A’ rating to Fidelity Bank Plc (‘Fidelity Bank’ or ‘the Bank’). The rating assigned reflects Fidelity Bank’s strong industry position...
Central bank of Nigeria (CBN) has approved the release of cash reserve requirement through the issuance of CBN Special bills. The apex bank says this measure...
Verve International has extended its ongoing six weekly draws ‘Good Life’ promo for Verve cardholders across the country by two weeks. The company also rewarded 1,250...
The Nigerian National Insurance Commission (NAICOM) has granted Enterprise Life Assurance Company (Nigeria) Limited license to commence operations in the country. This comes after the company...
Justice Inyang Ekwo of Federal High Court in Abuja has granted leave to Heda Resource Centre – a group to apply for judicial review and order...
Mrs Nneka Onyeali-Ikpe, managing director/CEO designate, Fidelity Bank, has boosted her holdings in the bank with a purchase of 5 million shares at N2.56 per share...
Mr. Tony Elumelu, chairman of Heirs Holdings and United Bank for Africa, has announced the floating of new insurance companies, Heirs Insurance Limited (HIL) and Heirs...
Beneficiaries of Diaspora remittances through International Money Transfer Operators (IMTOs) shall henceforth receive such inflows in the foreign currency (US Dollars) through the designated bank of...
United Bank for Africa (UBA) Plc, Pan-African financial institution, carted two highly coveted laurels at the BusinessDay’s Bank and other Financial Institutions Awards (BAFI) winning the...