Financial Services

CBN has warned authorized dealers to ensure that transactions in the forex market are conducted transparently and any form of...

Wema Bank started a substantial rights issue, offering 8,572,103,573 ordinary shares at N4.66 per share, based on a two-for-three ratio.

Banks may be expected to boost their capital base between N181.85 billion for a regional banking license and N909.27 billion...

In 2023, the NGX Banking Index showcased remarkable growth, registering a robust 114.9%, solidifying its position as the second-best performing...

The Central Bank of Nigeria (CBN) will hold its first Monetary Policy Committee (MPC) meeting on February 26th and 27th.

Access Holdings has announced that its flagship subsidiary, Access Bank PLC (Access Bank) has entered into a definitive agreement with...

Access Holdings Plc, the parent group of Access Bank has received the CBN’s approval in principle to set up its...

This time last year, Zenith Bank and GTB were far from joining the prestigious trillion market capitalization club of companies,...

About 92% of the CIC is outside the banking system as of November 2023.

The renowned rating agency, Fitch Ratings, has said that increased regulatory actions or funding instability may lead to a downgrade...