First Bank of Nigeria (FBN) has laid off about 100 senior staff members in a major organisational shakeup.
Ten Nigerian banks have emerged as the most valuable on the Nigerian Exchange Limited (NGX) amid CBN's recapitalisation requirement demands last year.
Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria is gearing up for its next growth phase ...
About nine banks in Nigeria recorded a whopping N4.85 trillion in interest in income in the outgone year, representing a ...
The World Bank has fully disbursed a $1.5bn loan to Nigeria following the Federal Government’s implementation of key reforms ...
Access Holdings subsidiary Access Bank has become the first Nigerian bank to meet new capital requirements following successful completion of a N351bn (US$226.3m) rights issue. An offer of 17.77bn new ...
Nigeria’s Guaranty Trust Holding Co. raised 209 billion naira ($136 million) selling shares locally, completing the first phase of a recapitalization plan to meet new industry rules.
Nigeria’s external debt servicing costs surged by 38%, totaling $3.53 billion in the first nine months of 2024.
The Washington-based World Bank has disbursed a $1.5 billion foreign loan to Nigeria as part of the federal government's ...
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