Banking
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543Tinubu govt secures $1.1bn AfDB loan to provide electricity for 5million people
Nigeria has secured a $1.1 billion loan from the African Development Bank (AfDB) to provide electricity for 5 million people by the...
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587Union Bank Rewards 360 Customers with N21 Million in First Save & Win Palli Promo 4 Draw
Union Bank, Nigeria’s leading financial institution, has kicked off its Save and Win Palli Promo 4campaign on a high note following the...
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514CBN waives 2025 licence renewal fee for BDCs
BY BONNY AMADI The Central Bank of Nigeria (CBN) has waived the 2025 licence renewal fee for all bureaux de change (BDC)...
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565First Bank customers appeal for urgent settlement with GHL to avoid bank run
Some customers of FirstBank Plc have appealed to the bank to urgently settle its disagreement with General Hydrocarbons Limited (GHL) to avoid...
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518Zero Tolerance: CBN Goes Tough on Banks to ensure Transparency
BY BONNY AMADI •Sets up Compliance Dept.’ With the recent sanctioning of 15 de- posit money banks in Nigeria for not complying...
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388CIS Increased to over N3trn in 2024, says SEC
The Securities and Ex- change Commission (SEC) on Wednesday disclosed that its Collective Investment Schemes increased to over N3 trillion in 2024....
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566CBN projects 4.17% GDP growth for 2025, says fiscal, monetary reforms paying off
BY BONNY AMADI The Central Bank of Nigeria (CBN) has said Nigeria’s gross domestic product (GDP) is projected to grow at 4.17...
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591N12.3bn alleged Fraud: Oba Otudeko, Former First Bank MD Onasanya’s absence, Others Stall Arraignment
•As Lawyer Protests in Court, adjourned to February 13 Oba Otudeko, the Chairman of Honeywell Group, on Monday, failed to appear before...
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670GHL: We approached the court for legal remedies, to preserve assets, recover diverted funds… Firstbank
•Safeguard bank’s interest, prevent reoccurrence of breaches FirstBank Limited, subsidiary of FirstHoldco Plc has explained that the bank is committed to protecting...
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564N2.2trn Service value: NCC orders telcos to disconnect 9 banks over USSD debts
BY BONNY AMADI • As N2.2trn value in 252.06million transactions recorded in 2024. With a higher projected value of Unstructured Supplementary Services...
