BANKING

Nigeria's commercial banks will set the first exchange rate of the naira versus the dollar when the currency is allowed to float freely on Monday after the central bank abandoned...

Heritage Bank has emerged the fastest growing bank in the country, according to a survey and study commissioned by the Newspaper – Nigerian Pilot. Earlier, the Managing Director and Chief...

The Trade Union Congress (TUC), one of Nigeria’s two labour centres, has perfected investment transactions with Unity Bank plc, to enable it take up majority shareholding in the bank. The...

*Others are Access, Diamond, FCMB, Fidelity As banks begin to settle into the dynamics of the flexible foreign exchange regime, which will take effect from Monday, the Central Bank of...

Africa’s e-payments solution provider, eTranzact International Plc, said it recorded about 110 million etransatction last year valued at $30 billion. Unveiling its new brand identity and strategic repositioning across its...

FBN Capital Limited says it is committed to the growth of the Nigerian economy and will continue to boost investment banking in the country. The lender said it would raise...

Heritage Bank Limited says the retail end of the market is vital to its growth strategy, saying the bulk of its profit and business drive in the current financial year...

Good afternoon ladies and gentlemen and welcome to the Central Bank of Nigeria (CBN). The Management of the Bank has called this Press Conference in response to one of the...

Ahead of a today’s meeting of stakeholders called by the Senate to address the looming labour unrest in the banking sector following recent mass sack of workers, Nigeria Employers’ Consultative...

Nigeria's retail currency operators will not be able to buy dollars from the interbank market, the central bank said in unveiling new rules on Wednesday. The central bank said it...