NOVA Merchant Bank Attracted $65.12m Foreign Direct Investment in 2023

NOVA Merchant Bank has announced that it has achieved a remarkable 76.1 per cent increase in Foreign Direct Investment (FDI) for the year 2023. Surpassing market expectations, the achievement...

MoneyMaster records rise in customer base, promises more innovations

MoneyMaster Payment Service Bank (MMPSB), a CBN-licensed payment service bank, has been steadily increasing its clientele base across the country. Globacom, total telecommunications solutions...

Fidelity Bank extends GMD’s tenure to 2026

Fidelity Bank Plc says its Board of Directors has extended the tenure of the Chief Executive Officer (CEO), of the bank, Dr Nneka Onyeali-Ikpe,...

FirstBank sets aside N36m for customers in FirstMobile Cash Out second season promo

FirstBank has launched the second season of its Cash Out promo designed to reward users of FirstMobile, its industry-leading mobile banking solution. The FirstBank Cash...

Naira volatility: CBN permits banks to fix forex rates

Following persistent fluctuations of the naira exchange rate, the Central Bank of Nigeria (CBN) has permitted banks to sell foreign exchange at rates determined...

Cashless transactions hit N611.06tn in 2023 — NIBSS

The Nigeria Inter-Bank Settlement System on Wednesday said cashless transactions in Nigeria increased to N611.06trn in 2023. It said the payments grew to N611.06trn from...

Access Bank signs $75m loan agreement with JICA signs to advance climate change measures...

Access Bank signs $75m loan agreement with JICA signs to advance climate change measures in Nigeria Access Bank Plc, has taken a significant stride towards...

BOI, IFC advocate collaborative financing to enhance Nigeria’s industrialisation agenda

BOI, IFC advocate collaborative financing to enhance Nigeria’s industrialisation agenda The Bank of Industry (BOI) and the International Finance Corporation (IFC) have stressed the need...

Ghosts file $2.4bn forex claims – CBN boss

----Back discovery with investigation immediately---Unegbu The Central Bank of Nigeria (CBN) has again uncovered $2.4 billion invalid foreign exchange (forex) claims filed by “ghosts” and...

Ecobank Nigeria launches MySME growth series

..Set to empower over 1m SMEs Ecobank Nigeria has launched an innovative training program targeted at empowering operators of Small and Medium Enterprises (SMEs) in...
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