United Bank for Africa(UBA) through UBA Foundation, its corporate social responsibility arm, has donated the sum of N500 million to the Lagos…
Category:
Finance
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Securities and Exchange Commission says the federal government issued six Sovereign Sukuk worth N1.1 trillion ($657.6 million) to finance 124 federal road…
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Central Bank of Nigeria (CBN) made another move to intervene in the official foreign exchange market to keep the naira strong. FX…
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The African Development Bank (AfDB) has provided key insights into how Nigeria and other African nations can address their growing debt burdens…
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President of Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSIBIFI), Mr. Olusoji Oluwole, says the body would actively engage…
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Zenith Bank Plc has emerged as ‘Bank of the Year, Nigeria’ in The Banker’s Bank of the Year Awards 2024. The award,…
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The Central Bank of Nigeria (CBN) has dismissed claims of forced mass retirements, clarifying that its Early Exit Package (EEP) is entirely…
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World Bank Group has said that developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs…
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National Pension Commission (PenCom) has lifted its suspension on investments in commercial papers by Licensed Pension Fund Administrators (LPFAs) where non-bank capital…
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Nigerian deposit money banks (DMBs) have started to inform their customers that unused savings accounts for periods of 12 months will be…
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National Insurance Commission (NAICOM) and the Infrastructure Concession Regulatory Commission (ICRC) have agreed to partner to implement insurance provisions for assets under…
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Central Bank of Nigeria CBN, has said that it will launch its new website on Monday. The apex bank in a statement…
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Some small business operators and residents in the Federal Capital Territory (FCT) on Sunday decried the scarcity of naira notes for various…
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Offshore hackers stole 62 billion Ugandan shillings ($16.8 million) from Uganda’s central bank, the state-owned New Vision newspaper reported on Thursday. The…
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Guaranty Trust Bank (GTBank) has admitted facing difficulties in its recent transition to a new core banking system, Finacle Suite of Core…