Fidelity Bank may issue local debt to boost lending
Fidelity Bank may issue local debt to boost lending Fidelity Bank Plc is considering issuing local debt to raise funds to boost lending and has increased provisions against indebted…
Diamond Bank divests 100% holding in UK subsidiary; to focus on Nigeria
Diamond Bank divests 100% holding in UK subsidiary; to focus on Nigeria Diamond Bank Plc has signed a share sale and purchase agreement with a member of GFG Alliance,…
Heritage Bank partners CeLD Innovations to launch Cashtoken
Heritage Bank partners CeLD Innovations to launch Cashtoken Heritage Bank Plc, Nigeria’s Most Innovative Banking Service Provider has partnered with CeLD Innovations to launch CashToken, a consumer electronic reward…
Heritage Bank restates commitment to Nigeria’s creative industry
Heritage Bank restates commitment to Nigeria’s creative industry Heritage Bank Plc, has restated its commitment to the development and growth of the Nigeria’s creative industry. Mr. Ifie Sekibo, MD/…
Naira remains stable as rates trade within tight bands
Naira remains stable as rates trade within tight bands In a bid to sustain system liquidity and maintain stability across the different segments of the market, the CBN continued…
Awash of liquidity, OBB and OVN rates trend downward; T- Bills marker bullish
Awash of liquidity, OBB and OVN rates trend downward; T- Bills marker bullish In the money market, the Open Buy Back (OBB) and Overnight (OVN) rates declined week on…
Heritage Bank partners WATIF on sub-regional integration
Heritage Bank partners WATIF on sub-regional integration Heritage Bank Limited, Nigeria’s most innovative banking service provider, has partnered with the first edition of West Africa Trade and Investment Forum:…
UBA get permit for U.K’s wholesale banking
UBA get permit for ’s wholesale banking United Bank of Africa () Limited, a subsidiary of United Bank of Africa Plc, has granted permission by the Prudential Regulation Authority…
CBN injects $210 million into currency market
CBN injects $210 million into currency market Central Bank of Nigeria (CBN) has said it had injected $210 million into the interbank foreign exchange market on Tuesday, as it…
Milost ends $1bn deal with Unity Bank after threats
Milost ends $1bn deal with Unity Bank after threats Milost Global Inc. ended talks to provide $1 billion to Unity Bank Plc, saying it received threats that it will…