By Shalom Imafidon The banking sector in Nigeria is undergoing a period of rapid transformation, driven by a confluence of technological advancements, evolving customer expectations, and...
In 2024, Nigerian banks reported impressive profits, driven by a combination of a new recapitalisation exercise and regulatory shifts, including the dissolution of boards/management and license...
Nigerian President Bola Ahmed Tinubu arrived in Abu Dhabi on Sunday and quickly met with Femi Otedola, the chairman of FBN Holdings Plc. Upon his arrival...
The Central Bank of Nigeria (CBN) has announced the immediate suspension of approvals for the extension of export proceeds repatriation for exporters. A circular dated January...
Guaranty Trust Holding Company Plc (GTCO) has announced plans to attract foreign institutional investments in the second phase of its recapitalisation programme in 2025. This follows...
The House of Representatives has passed a new Stamp Duty Bill, which seeks to amend and repeal the 2004 Stamp Duty Act. With the passage of...
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have given approval for FCMB Group’s rights issue, which is valued at N147...
The Central Bank of Nigeria (CBN) has reminded Nigerians that they can still purchase foreign exchange (forex) for Personal Travel Allowance (PTA) or Business Travel Allowance...
Access Holdings Plc has announced that its banking subsidiary, Access Bank UK Limited, has established its first fully owned subsidiary in Malta. This development was disclosed...
Some members of the minority investor community in Nigeria have vowed to take up their rights in the ongoing N239.4bn rights issue of United Bank for...