Nigeria’s Access Bank Acquires Grobank South Africa

The acquisition of Grobank Limited of South Africa by Access Bank of Nigeria has been concluded. Grobank is now officially known as Access Bank South Africa Limited, following the completion …

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Nigeria’s Debt Management Office Offers Two Savings Bonds To Investors

The Debt Management Office of Nigeria is, on behalf of the Federal Government, offering for subscription two savings bonds. The first is a two-year Savings Bond due on May 12, …

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Fidelity Bank Pledges to Maintain High Corporate Governance

The Board of Fidelity Bank plc has pledged to always maintain high corporate governance standards that are in tune with international best practice. It has also promised to ensure that …

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The Rumble in First Bank

It started as little snippets and messages like whispers, on social media platforms – something was brewing in First Bank. The Central Bank of Nigeria obviously got wind of what …

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Ecobank Group Records 22% Rise In Profit For First Quarter 2021

Ecobank Group Records 22% Rise In Profit For First Quarter 2021                                       …

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CBN Updates List of Money Transfer Operators

More International Money Transfer Operators, IMTOs, have been listed by the Central Bank of Nigeria, CBN. The updated list of International Money Transfer Operators, in Nigeria as at April 1, …

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Ecobank Offers Mortgage Loans, Investment Options for Nigerians in Diaspora

Nigerians in the diaspora have an opportunity to own houses in the country and also participate actively in money and capital markets, thanks to several investment packages rolled out by …

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Access Bank Posts ₦125.9 Billion Profit For 2020

Access Bank PLC has announced gross earnings of ₦764.7 billion for the financial year ended December 31, 2020. The Bank’s audited gross earnings shows a 15% improvement from the ₦666.75 …

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Fidelity Bank Returns N28.1 Billion Profit For 2020

Fidelity Bank has posted a profit before tax of N28.1 billion for the financial year ended 31st December 2020. The bank has also proposed a dividend of 22 Kobo per …

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NQR Payment Solution Will Encourage Contactless Payments – Ecobank MD

The Managing Director/CEO of Ecobank Nigeria, Mr. Patrick Akinwuntan, has commended the Nigeria Inter-Bank Settlement System (NIBSS) on the introduction of the Nigeria Quick Response (NQR) code payment solution. Akinwuntan …

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