30 results
- 10 Jun 2025
NDIC Begins Final Settlements to Creditors of Liquidated Premier Bank
Nigeria Deposit Insurance Corporation (NDIC) has begun the final phase of liquidation for the defunct Premier Commercial Bank, initiating the payment of liquidation dividends to verified creditors,…
- 27 Jan 2015
Somalia’s 1stIslamic Bank Now Live with iMAL Islamic Core Banking System
Premier Bank in Somalia has formally announced that it has successfully gone live with Path Solutions’ iMAL Islamic Banking & Investment System on December last year. The implementation of the…
- 17 Aug 2022
Sterling Bank Partners Farafina to Premiere Anthology of Nigerian Literature
Sterling Bank Plc has collaborated with Farafina Books, Nigeria’s leading independent literary publishers, to launch a premier anthology of the best of Nigerian writings spanning 200 years, from 1789…
- 4 Jun 2020
Jaiz Bank Posts N2.4bn Profit
Jaiz Bank Plc, Nigeria’s premier non-interest (Islamic) bank has released its 2019 audited results for the period ended December 31st, 2019, declaring a Profit After Tax (PAT) of N2.4 billion. The…
- 31 Jul 2019
Jaiz Bank Upgrades Core Banking Platform for Enhanced Performance
Path Solutions, the global Islamic banking software company, today announced that Jaiz Bank Plc., Nigeria’s premier non-interest (Islamic) bank has successfully upgraded its Islamic core banking…
- 24 May 2020
Jaiz Bank Resumes Forex Sales to SMEs
Jaiz Bank Plc, Nigeria’s premier non-interest bank has resumed selling of foreign exchange to Small and Middle Enterprises (SMEs), in its efforts to cushion their challenges amplified by the…
- 18 Oct 2022
Jaiz Bank Pledges to Support Media on Equipment Financing
Jaiz Bank, Nigeria’s premier Islamic bank has offered to finance equipment-upgrade projects of media organisations in the country. The new Managing Director (MD), Mr. Sirajo Salisu, told journalists…
- 8 Oct 2023
NDIC Pays 29,573 Depositors of Closed MFBs, PMBs
Mr Bello Hassan, managing director, Nigeria Deposit Insurance Corporation (NDIC), has said it has paid about N1.084 billion to 29,573 depositors of recently-closed microfinance banks and Primary…
- 17 Jul 2020
Jaiz Bank to Pay Shareholders N884M Maiden Dividend
Jaiz Bank Plc, Nigeria’s first premier non-interest bank, has earmarked N884 million to pay its first dividend for its shareholders since its creation. The approved dividend payment is N0.03 kobo per…
- 26 Jul 2021
Nova Merchant Bank Reaffirms Commitment to Bridging Infrastructure Gaps
NOVA Merchant Bank, one of Nigeria’s premier Merchant Banks has reaffirmed its commitment in bridging Nigeria’s infrastructural gaps. Nath Ude, chief executive officer and managing director of NOVA…
- 30 Mar 2018
AfDB Champions Africa’s Premier Investment Marketplace for Economic Transformation
To help Africa find the path to its long-deserved economic fortune, the African Development Bank is championing the region’s premier investment market. The Bank is providing collaborative leadership…
- 2 Oct 2023
NDIC Begins Payment of N16.18Bn to Liquidated Banks’ Depositors
Nigeria Deposit Insurance Corporation (NDIC) has declared N16.18 billion liquidation dividends to depositors, creditors and shareholders of 20 banks in-liquidation. This followed impressive…
- 12 Dec 2023
Why Some Nigerian Banks Failed - Ibrahim
Umaru Ibrahim, immediate past managing director and chief executive officer, Nigerian Deposit Insurance Association (NDIC), has said that some Nigerian banks failed because of non-compliance with…
- 7 Dec 2023
NDIC to Pay N16.18Bn Liquidation Dividends to Depositors of 20 Failed Banks
Nigeria Deposit Insurance Corporation (NIDC), has asked depositors of 20 failed banks to come forward and claim their liquidation dividends amounting to N16.8 billion. Bello Hassan, managing director…
- 14 Oct 2025
FBNQuest Merchant Bank Named ‘Strategic Growth Champion of the Year’ at the 2025 BAFI Awards
FBNQuest Merchant Bank, a premier investment and wealth management institution, has been honoured with the prestigious title of ‘Strategic Growth Champion of the Year’ at the 2025 BusinessDay Banks…
- 10 Nov 2023
UBA, Saudi EXIM Bank Partner to Enhance Business Relations and Export Growth
United Bank for Africa (UBA) Plc, Africa’s Global Bank, and Saudi Export-Import Bank (Saudi EXIM), a premier export credit agency in the Kingdom of Saudi Arabia, have announced a partnership aimed at…
- 23 Apr 2012
Clydestone to Connect Banks to Alternative Payment Brands
Clydestone, Ghana’s premier electronic payment firm with office in Nigeria is enabling banks, merchants and customers to plug into alternative payment channels such as Paypal and Amazon Pay. This is…
- 17 Dec 2025
FirstCap Acts as Joint Issuing House on Veritasi Homes & Properties Plc’s ₦30 Billion Bond Programme
FirstCap Limited, a premier investment banking business and a wholly owned subsidiary of FirstHoldCo Plc, acted as Joint Issuing House and Placing Agent on the Veritasi Homes & Properties Plc’s…
- 21 Dec 2009
Otudeko Emerges FirstBank Chairman
A change of baton has taken place in Nigeria’s premier financial institution, First Bank of Nigeria Plc, as Dr. Oba Otudeko, an erstwhile non-executive director, was elected on Tuesday by the…
- 1 Nov 2013
AfDB Approves $152.50m for Agric Transformation in Nigeria
The African Development Bank Group (AfDB), Africa's premier development finance institution has approved an African Development Fund (ADF) loan of $ 152.12 million and an ADF grant of $ 0.38 million…
- 6 Jun 2019
NIBSS Appoints Oiwoh CEO
Nigeria Inter-Bank Settlement System Plc (NIBSS) has appointed Premier Oiwoh, as the its chief executive officer (CEO) after its former chief, Ade Shonubi, resigned to take up a new role as deputy…
- 23 Dec 2020
COVID-19: FirstBank Launches ‘Mask Up, Stay Safe” Campaign
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its ongoing digital campaign “Mask Up, Stay Safe” as part of its advocacy to encourage…
- 3 Nov 2025
FirstBank, Verve Launch Flash Promo with Free Debit Cards Nationwide
First Bank of Nigeria Limited (FirstBank), Nigeria’s premier and leading financial inclusion services provider, has announced the launch of the Verve Flash Promo, a special initiative rewarding…
- 3 Aug 2018
First Bank Launches Chat Banking on WhatsApp
Determined to ensure effective service to its customers, First Bank of Nigeria on Thursday unveiled its chat banking on WhatsApp. Mr Chuma Ezirim, the bank’s Group Head, E-Business, said the…
- 29 Jul 2025
FirstBank Retains Top Spot as Nigeria’s Best Bank for ESG @2025 Euromoney Awards
FirstBank, the West African premier financial institution and financial inclusion services provider, has emerged as Nigeria’s Best Bank for Environmental, Social, and Governance (ESG) at the…
- 13 Nov 2008
Mrs. Florence Seriki: Driving Technology across the Frontiers
The story of Omatek Computers is like the proverbial mustard seed which though was the smallest of the seeds but later turned out to become the biggest of the trees. From the humble beginning of just…
- 13 Apr 2018
AfDB Launches the Africa Investment Forum
The African Development Bank will officially launch the Africa Investment Forum (AIF) ‒Africa’s premier investment marketplace − on April 19, 2018 in Johannesburg, South Africa. The launch is a…
- 26 Oct 2017
Zain Bank Chooses iMAL from Path Solutions
Path Solutions has announced that Zain Iraq Islamic Bank for Investment and Finance (Zain Bank), a newly established Islamic retail bank in Baghdad, has selected iMAL Islamic Core Banking System for…
- 31 Jan 2022
Firstbank’s SMEConnect Portal Could Be Differentiator For SMES in Nigeria
Over a hundred years since banks came into Nigeria, services rendered to small and medium scale businesses were limited to core banking services and transactions. However, those that cared to look…
- 17 Jul 2024
Sanwo-Olu, Lagos Gov Lauds NOVA Bank over Commercial Branch Launch
Babajide Sanwo-Olu, governor, Lagos state, has lavishly praised NOVA Bank Limited’s leadership for inaugurating their groundbreaking new business office on Victoria Island. Philips Oduoza, chairman…