BANKING

Nigeria's Banking Titans: A Stellar 260% Profit Surge in H1 2023 - In a remarkable turn of events, the first half of 2023 has witnessed Nigeria's top banks, namely FBN Holdings,...

UBA's Stellar Half-Year Performance: Setting the Gold Standard in African Banking - United Bank for Africa (UBA) Plc has outdone itself, demonstrating a formidable financial performance in the first half of...

Total Interest Income at Afreximbank Increases by 107.1% in H1'23 - Total interest income for the African Export-Import Bank (Afreximbank) increased by 107.1 percent, from $540.8 million in the first...

UBA's performance in 5 key areas throughout first half-year: United Bank for Africa Plc (UBA), a leading Nigerian financial institution, just revealed its financial results for the first half of...

CBN will sanction IMTOs for exchange rate pricing violations - International Monetary Transfer Operators (IMTOs) have violated foreign exchange (FX) rate pricing, according to the Central Bank of Nigeria (CBN). CBN...

Naira weakens to N758 at I&E, N954 at P2P, and N950 per $1 at Black Market - Wednesday, September 13, the Naira weakened against the US Dollar in the Investors and...

Fidelity Bank fully acquires Union Bank UK 100% - Wednesday, Fidelity Bank announced that it has completed its acquisition of Union Bank UK, a subsidiary of Union Bank Plc. This development...

Unity Bank Drives Retail Growth Aggressively, Earnings Grow to N27.5bn - Unity Bank Plc was strong in the first half of 2023, even though companies in Nigeria had to deal with...

eNaira: How not to adopt a cashless policy - The future of eNaira, the first Central Bank Digital Currency (CBDC) in the world, is uncertain two years after it was launched...

Ecobank Offers Attractive Fee Collection Incentives to Schools - Schools have been urged to select Ecobank Nigeria Limited as their preferable financial institution for fee payments and collections due to the...