Sterling Bank has unveiled a N2 billion scholarship initiative targeting 600 young Nigerians enrolled in private universities across the country. Announced on Democracy Day and themed...
The Federal Government faces losing $4 million in World Bank funding due to non-compliance with auditing standards related to revenue reforms at the Federal Inland Revenue...
In 2024, five of Nigeria’s leading banks reported a combined pre-tax profit of N1.695 trillion from their foreign subsidiaries, representing 33.5 percent of their total group...
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,...