Zenith Bank’s Tech Fair attracts experts
The Third Edition of the Zenith Tech Fair, tagged “Future Forward 3.0”, is set to be held on Wednesday, November 22 and Thursday, November 23, […]
Banks
Eni suspends World Bank’s arbitration on OPL 245 dispute
Italian oil company, Eni, have temporarily halted arbitration regarding an oilfield dispute with the Nigerian government, buying time to discuss the conversion of a license […]
Telcos to banks: no forgiveness of N200 billion USSD debt
Mobile network operators (MNOs) yesterday said deposit money banks (DMBs) should perish any thought of being forgiven the debt owed them over the use of […]
Stock market to lose N224.2b to Union Bank’s delisting
Union Bank of Nigeria (UBN) Plc is finalising arrangements to delist its shares from the Nigerian stock market, a move that will reduce the market’s […]
Norwegian council banks on Tinubu’s reforms to boost trade
A trade group, Norwegian Seafood Council, yesterday in Lagos expressed hope that ongoing economic reforms by President Bola Tinubu would improve trade between the two […]
Nigeria Red Cross decry insufficient blood banks in Kano
The Branch Executive Secretary of the Nigeria Red Cross Society, Kano State, Alhaji Musa Abdullahi, has raised the alarm over the shortage of blood banks […]
Banks get 30-day deadline to close accounts without BVN
The Central Bank of Nigeria (CBN) has given banks and other financial institutions a 30-day timeline to close accounts without Bank Verification (BVN). Data from […]
Fidelity Bank’s net profit rises by 102% to N46.7b
•To pay N15.7b dividends Fidelity Bank Plc yesterday released its latest audited financial statement and accounts to the investing public. A major highlight of the […]
Two investors acquire Fidelity Bank’s 3.04b shares placement
Fidelity Bank Plc has sold additional shares to two investors in a special private placement valued at about N14 billion. Fidelity Bank at the weekend […]
Naira Redesign Fallout: Banks in search of cash deposits
One of the fallouts of the cash crunch induced by a combination of factors such as naira redesign and cash swap is that deposit money […]