Banking
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15Access Bank transfers assets, liabilities to National Bank Kenya… 16 months after acquisition
Still presence in 17 countries BY BONNY AMADI The Central Bank of Kenya (CBK) on Wednesday announced the transfer of all assets...
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24NDIC Urges Nigerians To Move More Funds Into Banks As Deposit Cover Rises To N5m
The Nigeria Deposit Insurance Corporation (NDIC) has urged Nigerians to move more of their funds into the formal banking system, assuring depositors...
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74Appeal court affirms N85m damages against Zenith Bank, police over unlawful account freeze
The court of appeal in Abuja has upheld a judgement of a Federal Capital Territory (FCT) high court awarding N85 million against...
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75CBN’s N4.4tn OMO Mop-Up Drains System Liquidity 47% to N2.46tn
System liquidity in the Nigerian money market tightened sharply during the week ended 11tn September, following heavy CBN sterilisation through OMO sales...
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66CBN Sterilisation Efforts Persist with System Liquidity Remaining Strong N4.66trn
In the face of the Central Bank of Nigeria (CBN) sterilisation effort, liquidity in the Nigerian financial system remained firmly in surplus...
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67EBID Extends CFAF 10 billion Financing Facility to to BHCI
To Boost Housing Development, Real Estate Value Chain in Côte d’Ivoire The ECOWAS Bank for Investment and Development (EBID) and the Banque...
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114Amidst CBN’s Tight Policy Stance Liquidity remains Robust
With N929bn bond settlement debit As DMO offers N700bn semi-monthly T-Bills Nigerian money market remained resilient during the week despite significant funding...
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91First HoldCo Ownership: Otedola acquires N77bn more shares to Boost N1trn Grip
The chairman of First HoldCo, Plc, Femi Otedola, has increased his shareholding in the financial Holding company to 21.96 percent stake. According...
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94Recapitalisation: Analysts Commend FCMB’s Fiscal Turnaround
Say FY2025 Earnings Most Impactful in Company’s Recent History FCMB Group Plc has entered what financial analysts describe as one of the...
