Financial Services

Commercial banks in the country have now cleared 95% of the debt owed to telecom operators for Unstructured Supplementary Service...

Bank of New York Mellon Corp. (BNY Mellon), alongside Standard Bank Group Ltd., has launched global depositary notes backed by...

The Central Bank of Nigeria (CBN) has implemented a stringent forbearance policy requiring banks under regulatory supervision to halt dividend...

FirstHoldCo Plc has assured of its commitment to comply with the Central Bank of Nigeria’s (CBN) prudential regulations, including resolving...

Fidelity Bank has announced its commitment to exit Central Bank of Nigeria (CBN) forbearance arrangements by the end of the first...

The recent dip in banking stocks triggered by the Central Bank of Nigeria’s (CBN) new forbearance policy may be more...

Pan-African credit rating agency Agusto & Co has upgraded Wema Bank’s credit rating from BBB+ to A-, citing improved profitability,...

Access Holdings Plc has announced it will exit the Central Bank of Nigeria’s regulatory forbearance on credit facilities by June...

Zenith Bank Plc has moved to reassure shareholders that its dividend payouts are not in jeopardy, despite being among the...

The Central Bank of Nigeria (CBN) has confirmed that banks currently affected by forbearance measures are under close supervision.