Banking & Finance

Sterling HoldCo Posts Impressive FY 2024 Results, Doubles Profit YoY

Sterling HoldCo Posts Impressive FY 2024 Results, Doubles Profit YoY

Sterling Financial Holdings Company Plc has recorded an impressive full-year profit after tax of ₦43.68 billion for the financial year… Read More

1 month ago

Nigeria’s Digital Payment System Leads Africa in 2025, Hits ₦1.08 Quadrillion in Transactions

Nigeria’s payment system now ranks as the most advanced in Africa, driven by the widespread adoption of mobile banking, internet… Read More

1 month ago

S&P Downgrades Ecobank Nigeria’s Credit Rating to CCC- Amid Bond Buyback and Capital Struggles

Ecobank Nigeria’s long-term issuer credit rating has been cut to ‘CCC-’ from ‘CCC’ by S&P Global Ratings, with a negative… Read More

1 month ago

Flutterwave Secures Regulatory License For Cameroon Operations

Flutterwave, one of Nigeria's biggest technology exports, has secured approval to operate as a licensed payment service provider in Cameroon.… Read More

1 month ago

Access Holdings Clarifies CBN Directive: Confirms Compliance, Capital Strength, and Dividend Commitment

Access Holdings Plc has responded to recent reports regarding a Central Bank of Nigeria (CBN) directive. This directive involves Access… Read More

2 months ago

We Have Spent Over N15billion to Protect Customers Against Cybercriminals in 2025 – FirstBank CEO

The Chief Executive Officer (CEO) of First Bank HoldCo Plc, Olusegun Alebiosu, has said the bank spent more than N15… Read More

2 months ago

“Only Two Customers Linked to Forbearance Loans” – Zenith Bank

Zenith Bank Plc has addressed shareholder concerns over a Central Bank of Nigeria (CBN) directive suspending dividend payouts and bonuses… Read More

2 months ago

FCMB Reassures Shareholders Following CBN Directive on Regulatory Forbearance

First City Monument Bank (FCMB) has responded to the recent directive from the Central Bank of Nigeria (CBN) on enhanced… Read More

2 months ago

Tunde Olanrewaju, McKinsey Europe Head, Awarded CBE in King’s Birthday Honours for Inclusive Business Leadership

Tunde Olanrewaju, Head of McKinsey & Company Europe, has been awarded a CBE (Commander of the Order of the British… Read More

2 months ago

Nigerian Bank Stocks Plunge as CBN’s Forbearance Phases Out, Halts Dividends to Bolster Reserves

Nigerian bank stocks plummeted on June 16, 2025, following a Central Bank of Nigeria (CBN) directive barring certain banks from… Read More

2 months ago