Access Bank taps US-based Integral’s FX technology to improve service
Integral, a currency technology provider to the financial markets, has announced that Access Bank, Nigeria’s biggest lender by assets, has
Read more
Money
Nigeria’s e-transaction growth slowed in 2024 on banks’ service disruptions
By Mary Adenike The service disruptions occasioned by infrastructure upgrade by several Nigerian banks last year dampened the growth of
Read more
Naira gains as weekly dollar liquidity surges 216% on FX code
The naira rose 2.08 percent against the dollar this week as the greenback’s liquidity in the official foreign exchange market
Read more
Access Bank brings ex-NSIA boss Uche Orji on board
Access Holdings Plc has announced the appointment of Uche Orji as an independent non-executive director of its flagship subsidiary, Access
Read more
Sterling Holdings posts 74% jump in annual profit
By Mary Adenike Sterling Financial Holdings Company Plc, the parent company of Sterling Bank, posted an after-tax profit of N37.5
Read more
Stanbic IBTC’s earnings hit N202bn as interest income doubles
By Mary Adenike Stanbic IBTC Holdings, the parent company of Stanbic IBTC Bank, saw its after-tax profit rise by 43.7
Read more
[REVEALED] FBN Holdings sells merchant bank for N35.6bn
FBN Holdings, the parent company of First Bank of Nigeria, sold its 100% equity stake in FBNQuest Merchant Bank for
Read more
FBNH’s customer deposits surge by N6.62trn in one year under Otedola
FBN Holdings Plc, the parent company of First Bank of Nigeria, grew its customer deposits by 62 percent in 2024
Read more
Stanbic IBTC fintech unit Zest to get N4bn in fresh capital as losses widen
By Joseph Olaoluwa Stanbic IBTC Holdings Plc, a midsize lender in Nigeria, plans to recapitalise its fintech subsidiary, Zest Payments
Read more
FCMB’s full-year earnings rise to N108bn
By Mary Adenike The earnings of FCMB Group Plc, the parent company of First City Monument Bank, rose by 16
Read more