The Banks

Some banks have started the implementation of the Central Bank of Nigeria’s directive on the extension of the commencement of processing fees on deposits. On May 1, banks resumed the...

At the 33rd Annual General Meeting (AGM) of Zenith Bank Plc, which took place on Wednesday, May 8, 2024, at the Civic Center, Victoria Island, Lagos, the shareholders approved the...

The Nigeria Inter-Bank Settlement System has said that financial institutions lost about N17.67bn to fraud in 2023. This was disclosed in its Annual Fraud Landscape (January to December 2023) which was published...

The statutory contribution made by nine banks to the Asset Management Corporation of Nigeria increased by 25.81 per cent to N306.06bn in 2023 from N243.28bn in the previous year. This...

Standard Chartered Bank has announced the appointment of Dalu Ajene is the Chief Executive Officer of the bank’s operations in Nigeria. Ajene takes over from Lamin Manjang, the Vice Chairman...

The Extraordinary General Meeting called by FBN Holdings to seek shareholders’ approval to raise N300bn has been canceled. A notice on Friday filed with the Nigerian Exchange Limited said the...

Access Holdings, the parent company of Nigeria’s largest bank, Access Bank, has said that it will be going fully digital for its N365bn rights issue. In a notice filed with...

The combined operating expenses of 10 Nigerian banks rose by 42.51 per cent to N3.23tn in 2023 compared to N2.26tn in the previous year, according to The PUNCH findings This...

The shareholders of Zenith Bank would get about N109.88bn as dividends for the 2023 financial year. This was disclosed in the annual report, which was filed with the Nigerian Exchange...

A strategic partnership initiated by the Federal Government with financial institutions and leasing companies is a crucial step towards expanding accessibility to aircraft within the country’s aviation sector. The Chief...