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 $1 billion to Unity Bank Plc, saying it received threats that it will…
UBA strengthens brand affiliation on Nigerian campuses, unveils 30 ambassadors
UBA strengthens brand affiliation on Nigerian campuses, unveils 30 ambassadors The United Bank for Africa (UBA) Plc has launched the second edition of its Campus Ambassador Programme with the…
Heritage Bank empowers 5, 544 pupils on financial literacy to secure economy
Heritage Bank empowers 5, 544 pupils on financial literacy to secure economy As part of efforts to support the Central Bank of Nigeria’s Financial Literacy Day, which marks the…
Interbank rates moderates on OMO & T-bills maturities
Interbank rates moderates on OMO & T-bills maturities Activities in the money market this week, Open Buy Back (OBB) and Overnight (OVN) rates fell week-on-week as system liquidity improved…
Naira maintains resilience as rates trade within tight bands
Naira maintains resilience as rates trade within tight bands In line with trend, the Central Bank of Nigeria (CBN) continued its weekly interventions, injecting US$ million via the Wholesale…
Senate to consider central bank nominees on tomorrow
Senate to consider central bank nominees on tomorrow Nigeria’s upper house of parliament will consider on Thursday President Muhammadu Buhari’s nominees for the central bank’s interest rate-setting committee, the…
Oladipupo Jadesimi emerges FCMB Group chairman
Oladipupo Jadesimi emerges FCMB Group chairman FCMB has announced Mr. Oladipupo Jadesimi as new chairman of the group, following the approval of his appointment as a non executive director…
Unity Bank debunks $1bn deal with Milost
Unity Bank debunks $1bn deal with Milost Contrary to a Bloomberg’s report claiming that Milost Global Inc plans to invest USD1 billion in Unity Bank Plc, the Bank has…
CBN injects $210 million into FX market
CBN injects $210 million into FX market Central Bank of Nigeria (CBN) on Monday released a total of $210 million into the interbank foreign exchange market. Acting Director of…
Diamond Bank Excites Youths with Game-enabled Digital Savings Platform
Diamond Bank Excites Youths with Game-enabled Digital Savings Platform Leading retail banking giant, Diamond Bank Plc, has raised higher the bar in the delivery of unique financial services that…