Fitch Ratings, leading global rating agency, has said the Central Bank of Nigeria (CBN) punishes rather than help banks through the crisis caused by the coronavirus...
The Board of Directors of United Bank for Africa (UBA) Plc has approved the payment of an interim dividend for the half year ended June 2020....
SPDC is very disappointed that the Rivers State High Court affirmed the enforcement of the purported sale of interests in SPDC’s JV’s assets in Kidney Island...
Nova Merchant Bank Limited has a sound risk management structure, good understanding of the business environment and customer base, according to Anya Duroha, its managing director/chief...
Nigerian Postal Service (NIPOST) has said that contrary to the position of the Federal Inland Revenue Service (FIRS), it was not operating any illegal stamp duty...
First Bank of Nigeria Limited has said that it has processed transactions worth over N6 trillion on its FirstMonie Agent network as at July 2020. Dr....
Central Bank of Nigeria (CBN) has unfolded plans to review backward its 10-year Payment Systems Vision (PSV-2030) strategy, which will now span a five-year strategy and...
Tough times lie ahead for serial bank debtors as there is no a hiding place for them as banks begin to debit their various accounts to...
Agusto & Co, a foremost rating institution in Nigeria, has disclosed that a minimum of N1.9 trillion impaired loans has been written off by commercial and...
Banks’ non-performing loans stood at N1.2tn as of the end of June according to figures obtained from the Central Bank of Nigeria (CBN). This amounted to...
