Banking

Fidelity Bank gets CBN’s nod to acquire Union Bank UK

Fidelity Bank Plc has proposed to acquire 100% equity stake in Union Bank UK. The Central Bank of Nigeria (CBN)…

2 years ago

Access Corporation acquires First Guarantee Pension

Access Corporation has completed the acquisition of a majority equity stake in First Guarantee Pension Ltd. (FGPL). Access Corporation stated…

2 years ago

TAJBank targets N30bn capital base, N100bn Sukuk bond

Nigeria’s non-interest lender, TAJBank Limited, has concluded plans to begin the issuance of its N100 billion Sukuk bond. TAJBank’s Managing…

2 years ago

CBN: 45% Nigerian adults’ve no bank account

The Central Bank of Nigeria (CBN) has said about 45% of Nigerian adults do not have a bank account for…

2 years ago

CBN unveils e-Naira USSD code

The Central Bank of Nigeria (CBN) has unveiled the Unstructured Supplementary Service Data (USSD) for the e-Naira to enhance financial…

2 years ago

Bankers convicted for stealing N2.9m from dead customer

Two bankers have been convicted for stealing N2.9 million from the account of a deceased customer, Godfried Francis Osso. Titus…

2 years ago

Zenith Bank’s assets rise to N10.12trn, deposits hit N.15trn

Despite a very challenging macroeconomic environment, Zenith Bank Plc has grown its assets base to N10.12 trillion. The bank’s total…

2 years ago

Zenith Bank’s profit hits N130bn in six months

Zenith Bank Plc has recorded an astounding double-digit growth of 17% in gross earnings from N346 billion reported in H1…

2 years ago

FCCPC orders FinTechs to block services to loan sharks

The Federal Competition and Consumer Protection Commission (FCCPC) has ordered all financial technology companies (FinTechs) to stop providing payment or…

2 years ago

CBN targets 8m fresh eNaira users

In its drive to get Nigerians accept the digital currency, the Central Bank of Nigeria (CBN) is targeting eight million…

2 years ago

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