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Money Market

Zenith Bank Appoints Adaora Umeoji as GMD/CEO

Umeoji Zenith Bank Plc has announced the appointment of Adaora Umeoji, as Group Managing Director/Chief Executive with effect from June 1, 2024, subject to approval...

Access Holdings Plc Announces the appointment of Mbolaji Agbede as Acting Group Chief Executive Officer

Agbede The Board of Directors of Access Holdings Plc has announced the appointment of Bolaji Agbede as the Acting Group Chief Executive Officer of the...

Navigating Turbulence: Nigerian Banks Gear Up for Uncertain 2024—Olubunmi

Olubunmi A Financial Analyst, Ayokunle Olubunmi, says several factors including policy changes, economic conditions and technological advancements will influence the Banking Sector performance in 2024.   Olubunmi,...

How interest rate, Inflation, exchange rate will shape economic growth in 2024 -Augusto & Co 

A Pan-African Credit Rating Agency Agusto & Co.has identified three major economic variables that are likely to fareaching impact on Nigeria's growth in Gross...

ARM Pension Managers, PFA, Limited to merge with Access Pensions Limited

Access Holdings has announced a major development in its ongoing growth strategy. Access Golf Nigeria Limited (‘Access Golf’), a majority shareholder of Access Pensions...

Access Bank to invest in Finance Trust Bank, Targets Financial Inclusion, Empowerment, and Innovation in Uganda

Finance Trust Bank and Access Bank PLC have announced the signing of a definitive agreement for Access Bank’s equity investment into FTB. The deal...

Nigerian Apex Bank appoints new CEOs for Union, Keystone, Polaris Banks

Few hours after dissolving the board and management of Polaris, Union, and Keystone banks, the Central Bank of Nigeria, CBN, has appointed new chief...

CBN Directs Banks to Issue, accept Old, Redesigned Naira Banknotes

  Following the order of the Supreme Court on Wednesday, November 29, 2023, granting the prayer of the Minister of Justice and Attorney-General of the...

National Assembly to support AMCON’s debt recovery drive

The Chairman of the House of Representatives committee on Banking and Other Ancillary Institutions, Eze Nwachukwu Eze, has assured that given the current economic challenges facing...

NDIC clarifies misleading news reports on liquidation of 20 Banks

The Nigeria Deposit Insurance Corporation, NDIC, wishes to address the recent misleading news reports circulating on various social media platforms under the headline "CBN...