Absa closed 79 branches and more than 100 ATMs as rising digital adoption reshaped banking, while the lender expanded smaller service outlets across South Africa.
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FG opens portal for Nigerians to apply for N50m housing loan, lists requirements
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US introduces new visa rules from September 15: What families, H-1B holders and students must know
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How to Apply: Canada invites 1,000 Nigerians and others to apply for permanent residency, sets criteria
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Naira depreciates by N7.09 against dollar at official market
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Naira gains N8.08 as Nigeria’s external reserves reach 17-year high
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Wema Bank targets new branches to rival Access, UBA, others, moves to meet CBN's capital requirement
To keep up with competition in the industry and meet CBN's latest capital base requirement, Wema Bank PLC has announced plans to expand to the south-east.
Official, black market rates gap widens as traders adopt new naira to dollar exchange rate
The naira's inconsistent run against the dollar continues in the official and unofficial markets and FMDQ, the data provider, has shared more interesting insights.
Otedola to become almost N1bn richer as First Bank announces dividend payment date to shareholders
First Bank of Nigeria Holdings Plc has declared a 40 kobo per share dividend for 2023, and billionaire Femi Otedola is set to pocket almost N1 billion.
FG to begin distribution of N2.5 million loan to Nigerian businesses, states requirement to apply
The Bank of Industry (BoI) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have signed a deal to provide single-digit lending rates.
CBN announces new Customs dollar exchange rate, importers to pay more to clear goods
The Central Bank of Nigeria has decided to increase the foreign exchange rates for cargo clearance in Nigerian ports following the depreciation of the naira.
CBN report shows $9 billion drop in Forex demand over past year as naira struggles against dollar
According to a CBN quarterly report, the demand for Forex by importers and other forex-related businesses plummeted by $9 billion in twelve months.
Full list: CBN sacks top directors, over 300 staff, gives reasons
The Central Bank of Nigeria has dismissed high-ranking bank directors as Governor Olayemi Cardoso continues its clean-up exercise of the top financial institution.
CBN gives fresh update on Opay, Moniepoint, Kuda, others' customer accounts
The Central Bank of Nigeria has explained its decision for Opay, Moniepoint, and Kuda's new customer enrolment and hinted at policy reversal in a few months.
The Remarkable Journey of Access Holdings by Olawale Oladapo
In countries where Access Holdings has established a presence, the institution has become a driving force for job creation and entrepreneurship.
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