CBN Debits Put Pressure on FCMB Earnings Outlook
CBN Debits Put Pressure on FCMB Earnings Outlook
FCMB group has forecasted a profit of N4.1 billion for the fourth quarter of the financial year...
Polaris Bank Denies Purported Sale, Pledges to Deliver Value
Polaris Bank Limited has denied the online publication on the purported sale of the lender’s asset, saying it’s speculative and intended to create panic in the market. Recently, media space was agog by a piece of news that the bank has been sold for N40 billion.
Fidelity Bank Wins 2020 DBN Service Award
Fidelity Bank Plc has won the 2020 Development Bank of Nigeria (DBN) service award for the highest disbursement to DBN-focused locations.
FBN Rating Upgraded after Corporate Governance Irregularities Fix
Following a deliberate effort to reclaim its market position, First Bank of Nigeria (FBN) Limited has been rated higher despite uncertainties in the macroeconomic environment in Nigeria.
Fidelity Bank to Raise N32bn from Shareholders
Fidelity Bank Plc has proposed a capital raise of N32 billion from its shareholders to drive the lender’s growth agenda for the financial year 2024.
CBN Grants 9mobile Payment Service Bank License
CBN Grants 9mobile Payment Service Bank License. The Nigeria’s central bank has granted 9mobile, a challenger telecom company, payment service bank licence.
NGX Trades Negative, Equities Investors Lose N33bn
The bears returned to the Nigerian equities market on Thursday as profit-taking activities witnessed in MTNN (-0.5%), and STANBIC (-5.6%) caused a 0.1% decline...
Samsung Launches Galaxy S20 Tactical Edition for DoD Operators and the FG
Samsung Launches Galaxy S20 Tactical Edition for DoD Operators and the FG
Oil Magnate Lauds TAJBank for Expanding the Drive for Non-interest Banking Services
Auwalu Rano, an oil Magnate and Chairman A.A. Rano Nigeria Limited, a major oil marketing company, has commended the managemen
Sovereign Trust Insurance Records N687m Profit After Tax in 2020
Sovereign Trust Insurance Plc on Saturday said it recorded a Profit After Tax (PAT) of N687 million in 2020, against N503 million recorded in 2019.
