Finance - NEWS BAR NG

Historic Moment as Nigeria Wins Bid to Host Africa’s $5bn Energy Bank, Beats Ghana, S’Africa, Cote D’Ivoire

After months of international politicking and massive lobbying, Nigeria yesterday finally won the right to host the $5 billion African…

NOVA Bank, formerly known as NOVA Merchant Bank, has officially commenced operations as a national commercial bank. The bank has…

Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday, said Non-Bank Financial Institutions (NBFIs) of the West…

Diaspora remittance to Nigeria was $19.5 billion in 2023, constituting 35 per cent of such fund transfers to sub-Saharan Africa,…

Governor of Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said the country currently does not need any concessionary…

The Central Bank of Nigeria (CBN) yesterday directed Deposit Money Banks (DMBs) and International Money Transfer Operators (IMTOS) to pay…

Following monetary rates tightening by the Central Bank of Nigeria (CBN), which has led to illiquidity in the banking system,…

The World Bank yesterday approved a total sum of N2.25 billion for Nigeria to enable the federal government to sustain…

As the one-week suspension of the nationwide strike by organised labour expires today, the leadership of the trade unions have…

Zenith Bank Plc has been named the “Most Sustainable Bank, Nigeria” in the International Banker 2024 Banking Awards, retaining the…