The Court of Appeal Lagos Division, has overturned a ₦507 million judgment previously awarded against Guaranty Trust Bank (GTBank), delivering
A $4 billion refinancing led by Afreximbank marks a new phase for the Dangote Refinery—shifting from construction risk to operational
Nigeria’s banks are now adjusting foreign exchange rates for international card payments in real time, with Stanbic IBTC and GTBank
Nigeria’s banking sector has entered its final hours of one of the most consequential financial reforms in decades. The Governor
Guaranty Trust Bank (GTBank) has increased the foreign exchange rate for international transactions on its naira debit cards to ₦1,401
A Federal High Court in Lagos has ruled that the Central Bank of Nigeria (CBN) acted beyond its statutory powers
Zenith Bank Plc has announced the appointment of Mr. Kennedy Onuwa Okwudili as an Executive Director, effective May 1. The
Providus Bank Limited has confirmed that it has exceeded the minimum capital threshold set by the Central Bank of Nigeria
AfrexInsure, the wholly-owned Specialty Insurance Subsidiary of African Export-Import Bank has appointed Lesley Ndlovu as its new Chief Executive Officer,
President Bola Ahmed Tinubu has nominated Lamido Abubakar Yuguda, the former Director-General of the Securities and Exchange Commission (Nigeria), as
Parallex Bank Limited has completed the recapitalisation requirement of the Central Bank of Nigeria, surpassing the ₦50 billion minimum capital
Jaiz Bank has announced the appointment of Omolara Muinat Ismail as Executive Director, effective February 28, 2026. Prior to her
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