Business
Herbert Wigwe: A Legacy of Innovation and Excellence in Banking and Beyond
Remembering Herbert Wigwe, the visionary banker who transformed Access Bank into a financial giant, pioneered sustainable finance
9 February 2025
Tag: Banking
Business
Nigeria’s PMI Hits 52.0 – Stanbic IBTC Bank Report
Nigeria’s Purchasing Managers’ Index (PMI) hit 52.0 in January 2025, signaling continued growth despite a minor slowdown
4 February 2025
Business
Nigerian Banks Rush to Settle ₦160 Billion USSD Debt as NCC Deadline Looms
As the NCC’s January 27 deadline approaches, five Nigerian banks begin settling their ₦160 billion USSD debt to telecom operators.
28 January 2025
Breaking News
NCC Directs Telcos to Disconnect USSD Codes of Nine Banks Over ₦200bn Debt
NCC orders telecom operators to suspend USSD codes for nine financial institutions over ₦200bn unpaid debts
15 January 2025
Business
CBN Fines Banks ₦150 Million Each Over Cash Shortages
Central Bank of Nigeria (CBN) has fined nine banks ₦150 million each for failing to ensure seamless Naira availability via ATMs during the festive season
15 January 2025
Business
GTCO Completes First Tranche of Equity Capital Raise, Secures N209.41 Billion
GTCO successfully concludes the first phase of its equity capital raise, attracting N209.41 billion from 130,617 applications.
9 January 2025
Business
Access Bank Acquires 100% Equity Stake in Bidvest Bank Limited
Access Bank strengthens its South African presence by acquiring Bidvest Bank, aligning with its vision to be Africa’s gateway to global markets
14 December 2024
Business
CBN Issues Clarification Over Naira Notes Validity
CBN debunks claims of December 31st deadline for old banknotes, allaying fears over looming cash scarcity, economic disruptions.
13 December 2024
Business
BOI Secures €2 Billion Syndicated Loan to Boost Nigerian Trade
Bank of Industry (BOI) secures a record €2 billion syndicated loan facilitated by Africa Finance Corporation (AFC)
5 December 2024
Business
FCCPC Targets Banking, Telecom, and Aviation Sectors in Major Consumer Rights Inquiry
FCCPC is investigating GTBank, MTN Nigeria, and Air Peace over widespread consumer complaints of poor service, exploitative practices, and rights violations
1 December 2024
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