Banking
CBN grants 9mobile payment service bank license
9PSB (Payment Service Bank), a subsidiary of 9mobile, says it has been granted approval by the Central Bank of Nigeria...
Read moreKPMG releases digital channels scorecard for banks in Nigeria
KPMG Professional Services, says it will release Digital Channels Scorecard for banks to urgently scale up on capabilities to deliver products...
Read moreFBN Insurance launches payment channels
FBNInsurance Limited on Friday said it had launched new digital platforms that enable its customers to pay their premiums timely...
Read moreAfDB debars 4 companies over fraudulent practices
The African Development Bank Group (AfDB) has announced the debarment of four Nigerian registered companies for 24 months over fraudulent...
Read moreGSI: Nigerian banks recovered N50.32m loans from defaulters within 9 days – CBN director
Mr Kevin Amugo, Director, Financial Policy and Regulation, CBN, said Nigerian banks recovered about N50.32 million bad loans from debtors...
Read moreSterling Bank reports 10% growth in half-year net interest income
Sterling Bank Plc on Monday in Lagos reported a net interest income of N33.5 billion during the half-year ended June...
Read moreInvestigation: Sen. Ayo Akinyelure Statement On Tony Elumelu, False and Malicious – Legal Team
Senate Committee Chairman on Ethics, Privileges and Public Petitions, Senator Ayo Akinyelure has indicted Tony Elumelu former Managing Directors of...
Read moreUnity Bank gross earnings hit N22.87bn in 2020 H1
Unity Bank Plc has declared gross earnings of N22.87 billion for the half year ended June 30, 2020. Mrs Tomi...
Read moreFBN Holdings posts 56.65% growth in profit in 6 months
FBN Holdings Plc on Wednesday announced Profit After Tax (PAT) of N49.5 billion for the six months that ended June...
Read moreIFC loans FCMB $50m to finance COVID-19 affected SMEs
The International Finance Corporation (IFC), of the World Bank Group, has announced a $50 million loan to Nigeria’s First City...
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