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FBN Holdings Plc has announced the sale of its entire equity stake in FBNQuest Merchant Bank Limited to EverQuestAcquisition LLP, marking a significant...
Banking and Finance
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The Central Bank of Nigeria (CBN), the Securities and Exchange Commission (SEC), and the Nigeria Deposit Insurance Corporation (NDIC) have...
3 min read
Nigeria’s average daily crude oil production saw a slight increase to 1.307 million barrels per day (mbpd) in July, according...
2 min read
The Nigeria Deposit Insurance Corporation (NDIC) has announced that it has paid out 82.36 per cent of insured deposits to...
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The Central Bank of Nigeria (CBN) has given the green light for the merger between Providus Bank and Unity Bank,...
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In a significant intervention to strengthen the beleaguered naira, the Central Bank of Nigeria (CBN) has auctioned $876.26 million to...
3 min read
Fitch Ratings has revised its Long-Term Issuer Default Ratings (IDRs) for FBN Holdings and its banking subsidiary, FirstBank, upgrading their...
3 min read
Under these guidelines, the CBN will establish a dedicated office to manage dormant accounts and unclaimed balances, thereby operationalising Section...
2 min read
The Development Bank of Nigeria (DBN) has achieved a significant milestone by securing accreditation from the Green Climate Fund (GCF)....
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The fight against insider abuses and financial malpractices within Nigeria's banking sector requires a collective effort, according to recent declarations...
