30 results
- 10 Jul 2012
Standard Bank Group, JP Morgan Finance Acquisition of Oil Mining Lease
The Standard Bank Group and JP Morgan have provided instrumental support in financing the acquisition price of oil mining lease in Nigeria (OML 30). Standard Bank will further provide the permanent…
- 9 May 2024
CBN Unveils List of Licensed Deposit Money Banks
Central Bank of Nigeria (CBN) has released the list of licenced Deposit Money Banks operating in the country. Providing insights into the banking landscape in Nigeria, the list was made public on the…
- 24 Feb 2025
AfDB, Standard Bank Unite to Support SMMEs and Boost Trade
The African Development Bank Group and Standard Bank Group (SBG) on Monday signed a landmark financial agreement to enhance funding for small, medium, and micro enterprises (SMMEs) and expand trade…
- 13 Nov 2020
Standard Bank Propels Contactless Payments Across Africa
Standard Bank Group, Africa’s largest financial services organisation by assets, is driving the mass adoption of contactless payments across Africa, as consumers look for safer ways to pay in the…
- 19 Feb 2020
CBN Releases List of Authorised Banks in Nigeria
Central Bank of Nigeria (CBN) has released the list of deposit money banks and financial holding companies operating in Nigeria, meaning that anybody who transacts banking business outside the list…
- 31 Oct 2025
Standard Chartered Affirms Full Compliance with CBN’s N200Bn Capital Rule
Standard Chartered Bank Nigeria Limited says it has successfully fulfilled the Central Bank of Nigeria’s (CBN) ₦200 billion minimum capital requirement for national commercial banks, in advance of…
- 2 Dec 2019
UBA Group Emerges African Bank of the Year for Second Year Running
The Banker Magazine has once again selected leading African financial institution, United Bank for Africa (UBA) Plc as the “African Bank of the Year 2019”. This is the second time, UBA has…
- 17 Feb 2023
Standard Chartered Launches Aspiring Entrepreneurs Programme
Standard Chartered Bank Nigeria Limited in partnership with FATE Foundation and Youth Business International (YBI), has launched the second cohort of the SC Futuremakers Aspiring Entrepreneurs…
- 15 Oct 2015
Stanbic IBTC Bank Launches Automated Cash Deposit, Recycling Solution
To deepen the Central Bank of Nigeria (CBN)’s cashless policy, Stanbic IBTC Bank, a member of Standard Bank Group, has implemented the usage of an Automated Cash Deposit and Recycling solution to…
- 23 Nov 2023
Temenos Digital Leaders Summit Series Explores the Next Evolution of Banking in Africa
Changing consumer expectations, technological advancements, and regulatory reforms have seen digital transformation become an integral part of the modern banking industry. Global banking software…
- 19 Jan 2024
Coronation Merchant Bank Strengthens Management Team with New Appointments
Coronation Merchant Bank Limited has announced the appointment of three key experienced professionals to its executive management team. A statement from the Bank explained that the new appointees are…
- 12 Sept 2019
FBNQuest Trustees Marks 40th Anniversary of Preserving Legacies in Nigeria
FBNQuest Trustees Limited, an FBN Holdings company, is honoured to celebrate its 40th anniversary as a leading provider of world-class trust and estate planning services in Nigeria. FBNQuest Trustees…
- 30 Dec 2018
First Bank Extends Agency Banking Network
First Bank of Nigeria Limited has extended its agency banking network to 14 major markets and business points across Bayelsa, Cross River and Delta states through a campaign. The bank said in…
- 7 Dec 2015
FCMB Explains Students’ Centre Donation to Pan-Atlantic University
Mr. Ladi Balogun, group managing director/chief executive, First City Monument Bank (FCMB) Limited, has explained that the decision of the Bank to donate a multi-purpose Students’ Centre to…
- 15 Jun 2016
Providus Bank Gets Commercial Banking Licence from CBN
Providus Bank Plc has been granted a commercial banking licence with regional authorisation by the Central Bank of Nigeria (CBN), according to information on the apex bank’s website on Tuesday.…
- 15 Jun 2010
Banks Grant MTN N318 Billion Loan Facilities
MTN Nigeria, Nigeria’s leading telecommunications company has received fresh loan facilities to enable the company further expand its network across the country. A consortium of 15 Nigerian…
- 23 Oct 2018
UBA Reiterates Commitment to Strong Corporate Governance Standard, Honours Retired Directors
United Bank for Africa (UBA), Pan African financial institution, Plc at the weekend honoured four retiring directors while restating its commitment to ensuring strong corporate governance across the…
- 20 Jun 2021
Phillips Oduoza: Inspirational Giant of Banking Industry
Phillips Oduoza, founder and chairman, NOVA Merchant Bank Limited is inspired by Nigeria’s future, which he believes holds potential waiting to be harnessed. Phillips Oduoza NOVA Merchant Bank offers…
- 26 Dec 2023
TitanTrust Bank / Union Bank: A Call for Transparency by Investigators
By Azubike Ugwu In the last three days, we have seen a storm of allegations regarding the ownership of Titan Trust Bank Limited (TTB) and Union Bank of Nigeria Plc ("Union Bank"), and this has…
- 21 Jan 2019
Al Mustashar Islamic Bank Goes Live in Record Time with ICS BANKS ISLAMIC
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that Al Mustashar Islamic Bank, a recently established bank in Iraq,…
- 6 Feb 2012
Stanbic IBTC Money Market Fund Rated Aa(f)
Stanbic IBTC Money Market Fund, one of the six Mutual Funds managed by Stanbic IBTC Asset Management Limited and regulated by the Securities & Exchange Commission (“SEC”) has recently…
- 20 May 2026
Griffin Capital Group Launches Integrated Financial Services Group Positioned to Strengthen Capital Formation in Nigeria, Africa
Griffin Capital Group Limited has announced its official market entry as a fully integrated financial services group, bringing together investment banking, asset management, trusteeship, lending, and…
- 2 Dec 2014
IFC to Provide $80M Debt Financing to Azura-Edo Investment
IFC, a member of the World Bank Group, signed agreements to provide $80 million of debt financing to Azura Power West Africa Limited, a 450 MW gas-fired independent power project in Nigeria (the…
- 26 Nov 2015
Stanbic IBTC Bank Launches NCR Interactive Teller Machine
Stanbic IBTC Bank, a member of Stanbic IBTC Holdings Plc, has introduced NCR interactive teller machine (ITM), an innovative product that will allow customers perform full banking activities 24 hours…
- 3 Jan 2019
First Bank Extends Agent Banking In Bayelsa, Cross River, Delta
As a part of efforts to deepen Financial Inclusion in Nigeria, First Bank of Nigeria Limited extended the Agent Banking campaign to 14 major markets and business points across Bayelsa, Cross River…
- 17 Aug 2016
Local Market Operators Lobby for Proposed MTN Listing
Some local stockbroking firms have started lobbying to be part of the proposed listing of the shares of MTN Nigeria on the floors of the Nigerian Stock Exchange (NSE). Thisday reported that though…
- 23 Feb 2009
Stanbic IBTC Unwraps Business Banking Device
Stanbic IBTC Bank has taken the wrapper off its new business online in the country that will help people at the comfort of their home or offices transact their businesses. Chris Newson, chief…
- 17 Oct 2017
UBA Emerges Best Bank in Support of Real Sector at Banking Awards
United Bank for Africa (UBA) Plc, Pan-African banking group, at the weekend was recognised for its extraordinary support of the real sector as it won best bank in the category, ahead of its peers.…
- 14 May 2020
Stanbic IBTC Offers Advice On Looming Post-COVID Recession
As the impact of the coronavirus (COVID-19) continues to ravage various economies across the globe, Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has advised that Nigeria and her…
- 2 Mar 2020
Sanwo-Olu Commissions UBA Business Office at New Ultra-Modern Afriland Towers
United Bank for Africa (UBA) has officially added a new touch point to its network. Chairperson of Avon Healthcare Limited, Dr. Awele Elumelu; Group Chairman, United Bank for Africa(UBA) Plc and…
