Jaiz Bank Seals N10bn Private Placement
Gets CBN’s nod on capital requirements ahead of deadline Riding on regulatory approvals from the Central Bank of Nigeria (CBN), the Securities and Exchange Commission (SEC), and Nigerian Exchange Group…
Banking and Finance
Zenith Bank Wins ‘Bank Of The Year, Nigeria’ In The Banker Awards 2024
Zenith Bank Plc has emerged as ‘Bank of the Year, Nigeria’ in The Banker’s Bank of the Year Awards 2024. The award, which was announced by The Banker Magazine, Financial…
TAJBank Celebrates 5 Years Of Prosperous Ethical Banking, Rewards Loyal Employees
Appreciates customers’ loyalty The Board and management of Nigeria’s leading non-interest bank, TAJBank Limited have celebrated the bank’s 5th anniversary of promoting ethical banking with appreciation to their growing customer…
CBN, First Bank Court Chinese Counterparts On Healthy Trade Relations
BY EDMOND ODOK – In their bold moves to deepen trade relations between both countries and the African continent, the Central Bank of Nigeria (CBN) and First Bank Nigeria Limited…
Financial Inclusion: DBN Wins Leadership Award, Pledges More Support For MSMEs
For its unwavering commitment to ensure Micro, Small and Medium Enterprises (MSMEs) in Nigeria, enjoy access to financing options, Development Bank of Nigeria Plc (DBN) has emerged winner of the…
Zenith Bank Holds Fourth Edition Of Annual Tech Fair In Lagos
The Fourth Edition of the Zenith Bank Tech Fair, tagged “Future Forward 4.0: Embedded Finance, Cybersecurity & Growth Imperatives – The Impact of AI”, is set to hold on Thursday,…
NDIC Flags Off Defunct Heritage Bank Properties’ Sale
BY COBHAM NSA – Focused on ensuring the timely declaration of liquidation dividends to uninsured depositors of the failed Heritage Bank (In-Liquidation), the Nigeria Deposit Insurance Corporation (NDIC) has commenced…
Cardoso Eyes $1bn Foreign Remittances, Unveils One Year Scorecard
Admits Nigeria lost N6.2trn revenue on exchange rate crisis in 2022 BY COBHAM NSA – Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, says increasing foreign remittances…
TAJBank Sets Industry Record, Grows Shareholders’ Fund By 960%
Pays 2nd dividend in four years In keeping with its status as Nigeria’s fastest growing non-interest bank, TAJBank Limited has set a new record in the nation’s banking sector history…
CBN Takes Interest Rate To 27.25%, Tightens Monetary Policy
BY COBHAM NSA – The Central Bank of Nigeria (CBN) has again voted to hike its Monetary Policy Rate (MPR) by 50 basis points from 26.75 percent to 27.25 percent…