The question about how money is created in the US comes up a lot. This is because many people wonder why a country that produces its own money would still be in debt. One thing is certain, the Treasur...
Nigerian stock investors lost N252 bn at the close of Thursday trading as the Nigerian Exchange sustained its bearish trading on Thursday.So far, the market has witnessed a combined loss of N467bn bet...
Nigeria’s Mergers and Acquisitions Boom: Key Deals Shaping 2024Detailed Breakdown:2024 witnessed an unprecedented surge in mergers and acquisitions (M&A) activity in Nigeria, marking the busiest...
New Frontiers: FirstBank Sets Sights on Ethiopia, Angola, and CameroonA Bold Expansion Plan for Africa’s Largest MarketsFirstBank, Nigeria’s oldest financial institution with over 130 years of ope...
What is a Bank? “…an establishment for custody of money, which it pays out on customer’s order.”Oxford DictionaryDefinitionA bank is the major financial institutio...
Zenith Bank PLC in its 2020 audited financial statements declares a final dividend of 2.70k per share bringing the total dividend paid for 2020FY to N3 per shares, the highest dividend ever paid by th...
Nigeria’s Securities and Exchange Commission (SEC) disclosed on Friday that it is working with the Central Bank of Nigeria (CBN) to create a workable regulatory guideline for cryptocurrency trading ...
To improve cash management efficiency, the CBN has introduced Bank Neutral Cash Hubs The Central Bank of Nigeria (CBN), in partnership with the Bankers' Committee, has established Bank Neutral cas...
Godwin Emfiele, the governor of the central bank, said that the eNaira currency impacts commercial banks, especially when customers transfer funds to their eNaira wallets from their bank accounts....
Yesterday, a statement from FBN Holdings Plc reported that Mr. Tunde Hassan-Odukale will step down as Chairman of First Bank of Nigeria Ltd.First Bank's Board of Directors has named Mr. Ebenezer Olufo...