AMCON Recovers N134Bn in 2016

Ahmed Kuru, Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria, said the agency recovered N134bn in 2016. He stated this at a news

Wapic Insurance Launches Smart Wealth Plan

Wapic Insurance Plc has introduced yet another ground breaking insurance product under the umbrella SMART Plan known as the Wapic Smart Wealth Plan. The company said the

Comment: Nigeria to Welcome OPEC Extension Confirmation

FXTM Vice President of Market Research, Jameel Ahmad comments on the announcement by OPEC after its meeting. The Naira should be in line to welcome the news that OPEC

Jaiz Bank Raises Capital to N25Bn

Shareholders of Jaiz Bank have increased the bank’s authorised share capital from N15bn to N25bn. This was one of the resolutions passed at the bank’s annual general

Bitcoin Soars above $2,400 to All-time High

Digital currency bitcoin hit a fresh record high on Wednesday, surging above $2,400, as demand for crypto-assets soared with the creation of new tokens to raise funding

Ecobank Group, Mastercard Recognised at African Banker Awards

The strategic partnership between the Ecobank Group and Mastercard was recognised at the 2017 African Banker Award for delivering ‘Innovation in Banking’. The landmark

FXTM Analysis: The Tale of OPEC and U.S Shale

The growing optimism over big oil-producing countries extending output cuts to mitigate oversupply woes propelled WTI Crude to a fresh monthly high at $51.76 on

UBA Puts Customers First, Introduces World Class Mobile Banking App

United Bank for Africa Plc, pan African financial institution, has announced the launch of a brand new mobile banking application with many user friendly features, in in

6 Quick Things to Do If Your ATM Card Is Stolen

Nobody plays with their money. That's why many people are very careful. Hence, since your ATM card is connected to your bank account, you will be worried and

CBN Retains 14% Interest Rate

The Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Rate (MPR) otherwise known as interest rate at 14 per cent. The apex bank disclosed this at the