Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Appointments 1 min
FirstBank Group announces Olukorede Adenowo as new CEO of FirstBank UK
By David Olujinmi
Financial Services 1 min
Opay, FairMoney, Palmpay, others not affected by the NIBSS circular  
By David Olujinmi
Currencies 1 min
CBN extends timeline for issuance of letters of credit to five working days as FX crisis persists in Nigeria 
By Sami Tunji
Financial Services 1 min
Non-deposit financial institutions to be taken down from fund transfer channels – NIBSS 
By David Olujinmi

More Stories

Financial Services

Nigerian banks are on track to beat their profit margin outlooks for 2023 

Breaking News

CBN to “PND” any bank account or wallet without BVN/NIN from 2024

Financial Services

NDIC mulls increments in depositors’ insurance compensation to reflect impact of macroeconomic developments 

Financial Services

Customers of liquidated banks unwilling to repay N400 billion debts – NDIC

Currencies

Old naira notes: CBN affirms Supreme Court’s ruling, directs banks in Nigeria to comply 

Currencies

Old naira notes to remain legal tender until further notice, Supreme Court rules 

Budget

AfDB approves $80 million for Ekiti knowledge zone project 

Company News

FCMB achieves 108% year-on-year profit growth in nine months of 2023 

Financial Services

Nigerian banks “are sound” as CAR rise to 14.2% – CBN

Company News

Top 10 largest banks in Nigeria based on their shareholder funds as of September 2023