CBN and First Bank Advocate Stronger Nigeria-China Banking Ties ???The Central Bank of Nigeria (CBN) and First Bank Nigeria Limited have called for increased collaboration between Nigerian and Chinese...
Sterling Financial Holdings Company Plc has made it official that the bank will be appointing a new Chairman, CEO, and Non-Executive Directors. The appointment of the following directors was auth...
The World Bank's Nigeria Electrification Project (NEP) has made a significant pledge of $750 million with the goal of revitalizing rural electrification initiatives and improving electricity accessibi...
Kenya's Asset Recovery Agency (ARA) received a court order to freeze 56 bank accounts on Wednesday. These accounts were used by 7 firms to launder Ksh7 billion ($59.2 million). The businesses inc...
Following a fresh round of funding, British fintech start-up has been able to raise $500 million, which now brings the valuation of the company to $5.5 billion. TCV, a Silicon Valley-based venture ...
Roku, the streaming media company, has revealed that almost 26% of its cash reserves, totaling $487 million, are locked up at Silicon Valley Bank (SVB), which has been placed into receivership by the ...
Abbey Mortgage Bank Plc has announced that it's worried about the high non-performing loans in the mortgage industry.This announcement was revealed by Mobolaji Adewunmi, the Director of the Bank, on T...
In its latest report, Zenith Bank announced that it generated gross earnings of N781 billion in Q1 2024, an 189% increase from the corresponding year, which recorded N270 billion in Q1 2023.According ...
Following the death of the CEO of Access Holdings Plc, Dr Herbert Wigwe, the board of directors has appointed Ms Bolaji Agbede as the Company's acting Group chief executive officer. The announcement w...
Smaller Banks Face Daunting Recapitalization Challenges Amid New CBN Mandates Detailed Breakdown:Key Points from Analysts:• Pressure on Smaller Banks:Afrinvest Securities Limited has warned tha...