Banking
Afreximbank, Govt. of Bahamas sign host country agreement
By Okeoghene Akubuike African Export-Import Bank (Afreximbank) and the Prime Minister of the Commonwealth of The Bahamas on Thursday signed the Afreximbank Annual…
Banking
Banking
Zenith Bank grows total assets to N20.4trn
By Rukayat Adeyemi Zenith Bank Plc says its total assets grew to N20.368 trillion for the year ended Dec. 31, 2023. Mr Michael Otu,…
Banking
GTCO posts N609.3bn pre-tax profit
By Rukayat Adeyemi Guaranty Trust Holding Company Plc (GTCO) has reported a Profit Before Tax of N609.3 billion for the financial year ended…
Banking
CIBN records N1.37bn profit, elects 23rd president
By Grace Alegba The Chartered Institute of Bankers of Nigeria (CIBN) has announced a historic net operating surplus of N1.37 billion for…
Economy/Business
Afreximbank achieves outstanding financial results in 2023
By Okeoghene Akubuike Amid challenging operating environment, the African Export-Import Bank (Afreximbank) says it delivered exceptional financial results in 2023 well ahead of…
Banking
Debt for growth not bad, says AfDB
By Lucy Ogalue The African Development Bank’s Chief Economist, Kevin Urama, says debt for growth for countries on the continent should not carry any…
Banking
AfDB, Indorama sign $75m loan deal to boost fertiliser production, export capacity
By Lucy Ogalue The African Development Bank (AfDB) has signed a 75 million dollar loan agreement with Nigeria’s Indorama Eleme Fertiliser and Chemicals Limited.…
Banking
CBN raises bank’s capital requirement from N25bn to N200bn
By Kadiri Abdulrahman The Central Bank of Nigeria (CBN) has increased the minimum capital requirement for Deposit Money Banks (DMBs) with national licences from…
Banking
CIBN to build banking school, inducts 485 new members
By Grace Alegba The Chartered Institute of Bankers of Nigeria (CIBN) on Saturday said it has begun process toward building a banking…
Banking
Ecobank partners others on ‘+234Art Fair’ to boost creatives’ contributions to economy
By Grace Alegba Mr Bolaji Lawal, Managing Director/Regional Executive of Ecobank Nigeria, has highlighted the pivotal role of the creative sector in Nigeria’s economic…