Nigerian lender, Fidelity Bank, plans to acquire five commercial banks across Africa. This follows the bank’s recent acquisition of London unit of rival Union Bank of
…most banks were crowded with customers looking to get their share of naira notes By Chioma Obinagwam Most Deposit Money Banks (DMBs) in Nigeria have started issuing
By Chioma Obinagwam Two customers were caught up in a fight inside the banking hall of Fidelity Bank while waiting to get the new naira notes. Confiance
Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN) has increased the maximum weekly limit for cash withdrawals for individuals to N500,000. Confiance News gathered from
Chairman of Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said that the dollar may crash by 75 percent after the redesigning
Depositors, creditors and shareholders of 20 liquidated banks have been told to avail themselves of the its verification platforms of the Nigeria Deposit Insurance Corporation (NDIC), to
By Chioma Obinagwam In line with it’s commitment towards gender inclusion, West Africa’s premier bank, FirstBank has launched a single-digit loan scheme called FirstGem fund. Confiance News
By Chioma Obinagwam Union Bank of Nigeria Plc took to Nigerian Exchange Group (NGX Group) Plc’s platform to honour its outgoing Chief Executive Officer (CEO), Mr. Emeka
Central Bank of Nigeria (CBN), Nigeria’s apex bank, spent nearly $16.56 billion to defend the naira in the last one year, The Nation has learnt. Analysis of
The funding positions of seven commercial banks in Nigeria are inadequate, the result of Nigeria’s apex bank, Central Bank of Nigeria’s (CBN’s) stress test released on Thursday,