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 ...

NDIC has called for the introduction of a Deposit Insurance module in ICAN examination curriculum to enhance ICAN members’.

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 ...

Nigeria’s Purchasing Managers’ Index (PMI) for December 2024 rose to 51.0 index points, signaling a return to expansion in economic ...

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 ...

Nigeria’s external reserves dropped to $39.991 billion on 23 January, 2025 from $40.035 billion on 20 January, the same year.

Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer.

Union Bank has commenced the implementation of a daily withdrawal limit on point-of-sale (PoS) terminals. The implementation ...