Banking
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14Fidelity Bank, FirstHoldco’ First Bank Meet N500bn New Capital Requirement
Await regulatory approval Latest developments emerging from the Nigerian capital market and the financial services sector, showed that Fidelity Bank and FirstHoldco’s...
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22Nigeria’s NLNG Appoints Leye Falade as CEO
Nigeria Liquefied Natural Gas Limited (NLNG) has appointed Leye Falade as its chief executive officer (CEO). He will take over from Philip...
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20Fidelity Bank appoints Amaka Onwughalu, new Board Chairman
As Mustafa Chike-Obi retires Fidelity Bank Plc has announced the appointment of Mrs. Amaka Onwughalu, an existing Non-Executive Director of the Bank,...
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392026: Banks Start charging N50 stamp duty on transfers from January 1
BY BONNY AMADY Nigerian banks will start charging senders a N50 stamp duty on electronic transfers of N10,000 and above from January...
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38CBE, Afreximbank Sign MoU for Establishment of Pan African Gold Bank
Gold Bank program in Egypt The Central Bank of Egypt (CBE) and Af- rican Export – Import Bank (Afreximbank) on Monday signed...
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51CBN orders uninterrupted ATM, POS services for foreign cards
The Central Bank of Nigeria (CBN) has issued a fresh directive to banks and other financial institutions aimed at easing the use...
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52First HoldCo Chairman, Otedola acquires additional N14.8bn shares
Chairman of First HoldCo Plc, Femi Otedola has acquired additional shares valued at N14.8 billion in the financial holding company, increasing his...
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44Lagride Secures $100m UBA Facility, Expands EV Charging Infrastructure
To Transform Lagos Drivers into Asset Owners, Mobility Investors Lagride has secured a 100-million-dollar financing facility from United Bank for Africa to...
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51CBN Revokes Licenses of ASO Savings, Union Homes
As NDIC Commences Liquidation Process BY BONNY AMADI Despite its recent commencement of trading on the floor of the NGX Exchange, Aso...
