FirstBank appoints Mrs. Oluwande Muoyo as non-executive director

First Bank of Nigeria Limited has announced the appointment of Mrs. Oluwande Muoyo as a Non-Executive Director. Mrs. Muoyo joined the board of FirstBank from...

Polaris Bank appoints Opeke as Executive Director

The Board of Directors of Polaris Bank Ltd and Asset Management Corporation of Nigeria has appointed Mr Segun Opeke as an Executive Director. The bank’s...
FirstBank pays N56bn as commission to Firstmonie agents in 4 years

FirstBank’s boss bags Forbes Best of Africa Award

First Bank of Nigeria Limited, has announced that its Chief Executive Officer, Dr.  Adesola Adeduntan, has been honoured with the Forbes Best of Africa...
Banks move to checkmate mobile networks with payment systems

Digital platforms, forex transactions boost big banks’ results

By ADEBAYO OBAJEMU The COVID-19 pandemic has brought about new philosophy of work and new way of doing business, but one of the outcomes being...

FBN Holdings Inducts 375 New Employees

FBN Holdings Plc has held its Group Induction programme for 375 new hires across the financial holding company. The 2-day induction programme, which was...

NAHCON, Jaiz Bank sign agreement on saving for Hajj

The National Hajj Commission of Nigeria (NAHCON), on Thursday signed an agreement with the Jaiz Bank Plc, for a Hajj Savings Scheme in the...

PSBs to retain 75% deposit liabilities in government securities

Payment Service Banks (PSBs), are to maintain at least 75 percent of their deposit liabilities in the Central Bank of Nigeria (CBN) securities, Treasury...

Big banks sparkle with strong H1 results

  --- Post impressive performance  By JULIUS ALAGBE    |   With stronger than expected first half 2020 profitability records, the Nigeria’s bulge bracket balance sheet deposit money banks...

Naira gains 7.37% this week to ₦440/$1 in parallel forex market

Following the Central of Nigeria (CBN) announcement that it would resume the sales of dollar to bureau de change operator from September 7, Naira...