The African Export-Import Bank (Afreximbank) and the Bank of Industry (BoI) have signed a $75 million financing agreement to support the development of Nigeria’s healthcare manufacturing...
Ecobank Nigeria has teamed up with Qatar Airways to recognize and reward standout exhibitors at the recently concluded “Oja Oge by Ecobank” fair held in Lagos....
The Nigeria Deposit Insurance Corporation (NDIC) has started disbursing liquidation dividends to shareholders, depositors, and creditors of the defunct Pearl Microfinance Bank. This marks a significant...
FCMB Limited has launched its Series 1 and 2 commercial paper issuance for public subscription, aiming to raise N70 billion from the capital market as part...
Abbey Mortgage Bank has approved plans to raise N100 billion to support its transition from a primary mortgage bank to a regional commercial bank, aligning with...
Nigeria’s fulfilment of foreign trade transactions through Letters of Credit (LCs) rose by 3.68% year-on-year to $267.96 million in the first four months of 2025, up...
The Central Bank of Nigeria (CBN) has released a draft framework aimed at strengthening anti-money laundering (AML) measures within the financial sector. Dated May 20, 2025,...
Fidelity Bank Plc has confirmed that its Managing Director and CEO, Dr. Nneka Onyeali-Ikpe, has acquired 18,000,000 units of the bank’s shares, further increasing her stake...
The Central Bank of Nigeria (CBN) has dismissed concerns about financial instability, affirming that the banking sector remains resilient, safe, and sound. In a statement signed...
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has successfully raised $125 million through the issuance of 10.125% Senior Notes due in 2029,...