In all, 4.4 billion shares were allotted in accordance to the terms of the offer and the central bank’s capital verification ...

Over the past few months, mobile network operators (MNOs) have raised concerns over the effect of the unpaid N250bn USSD ...

About seven banks, mostly tier-1 entities, have raised about N1.3 trillion in pursuit of the Central Bank of Nigeria (CBN) ...

The Bank of Agriculture (BOA) is crucial in Nigeria's agricultural and rural development finance. Established in 1973 as the ...

Press Release - The hybrid offer comprises of a rights issue of 5,232,748,964 ordinary shares of 50k each at N36.00 per share and public offer of 2,767,251,036 ordinary shares of 50k each at N36.50 ...

To date, retail CBDCs have failed to address real consumer needs or pain points meaningfully and currently offer no clear ...

Nigeria is at a critical juncture in its economic trajectory, as the country grapples with both internal challenges and the ...

Zenith Bank Plc has successfully raised a staggering N350.4 billion through its recently concluded Hybrid Rights Issue and ...

Northeast businesses continue to drive optimism for the economy among the nation’s six geo-political zones. This is according ...

Group on Sunday, January 26, 2025, the Bank announced that it has secured the full regulatory approval of the Central Bank of ...

ShareThe Nigeria Deposit Insurance Corporation (NDIC) has called for the inclusion of deposit insurance module in the ...

Kingsley Moghalu, former deputy governor of the Central Bank of Nigeria (CBN), says Africa must break away from dependence ...