In a significant intervention to strengthen the beleaguered naira, the Central Bank of Nigeria (CBN) has auctioned $876.26 million to...
Banking and Finance
The Central Bank of Nigeria (CBN) has approved the merger of Providus Bank and Unity Bank. In a statement signed...
The Bank Directors Association of Nigeria (BDAN) has formally distanced itself from the individual opinions of certain bank chairmen regarding...
In June 2024, United Bank for Africa (UBA), a Nigerian multinational pan-African financial services group, achieved the distinction of having...
FBN Holdings Plc, the parent company of Nigeria’s oldest bank, First Bank, has announced its financial results for the second...
The Central Bank of Nigeria (CBN) has issued a clarification regarding its policy on dormant accounts, specifying that only those...
Kenya's banking sector is increasingly adopting artificial intelligence (AI) as a strategic tool to combat internal fraud and theft, reflecting...
The Nigerian government is poised to collect over N425bn from seven banks through a one-time windfall tax on their foreign...
Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has raised concerns about the vulnerability of dormant accounts to...
In 2023, eleven major Nigerian banks collectively incurred a total tax burden of N575.168 billion, marking a dramatic 175% increase...
