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African Banker Awards Lauds Winners’ Innovation and Resilience

  Standard Bank Group was on Wednesday named African Bank of the Year by a leading publication in recognition of the banking giant’s achievements in

E-Commerce in Africa to Generate $14.5b in 5 Years

  By Ola Akanni Africa’s e-commerce market could grow by more than $14.5 billion between 2025 to 2030. This is according to a new report,

FirstBank Shines At 2021 Global Banking & Finance Awards

  First Bank of Nigeria Limited has clinched three notable awards at the 2021 Global Banking & Finance Awards. It emerged the 2021 ‘Retail Banking

World Bank To Invest $150bn In Africa Next 5 Years

  By Ola Akanni   The President of World Bank Group, David Malpass, has disclosed that the bank plans to invest $150 billion in Africa

FG To Auction N150bn Bonds In May –– DMO

  The Debt Management Office (DMO) disclosed that the Federal Government would offer N150billion bonds for subscription in May.   A circular by the DMO

Nigeria’s Diaspora Remittances To Reach $22bn– Agusto Consulting

    By Ola Akanni   Nigeria’s diaspora remittances is expected to rise by five per cent to reach $22bn by the end of 2021.

Gov’t Spends $1b To Services Debt In 3 Months

  News The Central Bank of Nigeria (CBN) has disclosed that the federal government spent $1billion on debt services and payments between January and March

CBN Reinstates Adeduntan, Sacks First Bank Board

The Central Bank of Nigeria, CBN, has reinstated Dr Sola Adeduntan as Managing Director/ Chief Executive Officer of First Bank of Nigeria Limited, while Mr

Wema Bank Loses N238m To Fraud In 2020

Wema Bank Plc has recorded 1,201 fraud and forgery cases involving N237.5 million out of which N105.5 million was lost to the fraudsters for the

CBN, First Bank Disagree Over Removal Of Adeduntan

A sharp disagreement has ensued between the Central Bank of Nigeria (CBN) and First Bank of Nigeria over the removal of Dr Sola Adeduntan, managing

Economists Want Drastic Cut In Cost Of Governance

Analysts on Monday called on the Federal Government to reduce the high cost of governance, to enable it pay up its growing debts when interest