Banking

UBA records N2.3trn earnings, N603bn profit in Q3 2024

United Bank for Africa (UBA) Plc has announced N603.48 billion increase in its profit before tax in the third quarter…

4 weeks ago

FBN Holdings appoints Adebowale Oyedeji as GMD

FBN Holdings Plc has appointed Adebowale Oyedeji as its Group Managing Director (GMD), effective November 13, 2024. The Company Secretary…

1 month ago

CBN ex-deputy gov: Emefiele didn’t have Buhari’s approval for naira redesign

Edward Adamu, the fourth prosecution witness in the trial of the former Central Bank of Nigeria Governor, Godwin Emefiele, says…

1 month ago

Access Bank secures provisional licence in Namibia

Access Bank Plc has obtained a provisional licence from the Bank of Namibia to establish a commercial bank in Namibia.…

1 month ago

CBN sells $543m to banks in September

The Central Bank of Nigeria (CBN) says it sold $543.5 million to authorised dealer banks between September 6 and September…

1 month ago

World Bank approves $500m loan for power, irrigation projects in Nigeria

The World Bank has approved a $500 million loan to support the Sustainable Power and Irrigation for Nigeria (SPIN) project…

2 months ago

CBN unveils electronic forex matching system to curb speculation

The Central Bank of Nigeria (CBN) has announced the introduction of an Electronic Foreign Exchange Matching System (EFEMS) for foreign…

2 months ago

Access Holdings donates over N1bn to Maiduguri flood victims

 Access Holdings Plc, through its banking vertical – Access Bank Plc, has announced a donation of over N1 billion to…

2 months ago

UNGA: First Bank CEO Alebiosu charges world leaders on poverty eradication

The Chief Executive Officer of First Bank, Olusegun Alebiosu, has highlighted poverty eradication as a pressing concern that should keep…

2 months ago

CBN sells $20,000 to BDCs at N1,590/$

The Central Bank of Nigeria (CBN) has approved the sale of $20,000 to Bureau De Change (BDC) operators at the…

2 months ago

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