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Latest News
First Bank Plc Appoints Olusegun Alebiosu as Acting CEO
First Bank of Nigeria Holdings (FBNH) recently appointed Mr. Olusegun Alebiosu as its acting CEO.The announcement was made public on Sunday evening after the bank confirmed Alebiosu's appointment in a...
Fidelity Bank Plc Proposes 60 Kobo per Share for 2023 FY
For the 2023 fiscal year, Fidelity Bank's directors have proposed paying shareholders a final dividend of 60 kobo per share. This represents a 20% increase over the dividend payment of 50 kobo last ye...
UBA Seeks to Raise Additional Capital Soon - Oliver Alawuba
The management of the United Bank for Africa (UBA) has revealed that, with an excess of N2 trillion in shareholder funds, it intends to raise additional capital when the time comes, in compliance with...
World Bank Recent Report Shows That Nigeria Fiscal Balance Is Improving
According to the World Bank, the continuous efforts at fiscal consolidation in Nigeria and other Sub-Saharan African countries are mainly responsible for improving fiscal balances.In its most recent A...
What Banking Sector Recapitalisation Means for the Nation’s Economy
In recent weeks, the Central Bank of Nigeria (CBN) has taken an essential step towards strengthening the durability and stability of the nation's banking sector with its most recent revision of the mi...