Browsing Tag
Banking
48 posts
NDIC Advances Financial Education and Deposit Safety Awareness in Ebonyi
The NDIC conducted a financial literacy workshop for students in Ebonyi State, focusing on deposit protection and smart money management during the 2026 Global Money Week.
Zenith Bank Secures Africa’s Best Bank Title and Retains Nigerian Top Honors
Zenith Bank Plc has maintained its status as a top financial institution by winning Africa’s Best Bank and Nigeria’s Best Bank at the 2026 Euromoney Awards for Excellence.
Femi Otedola Increases First HoldCo Stake to 21.96 Percent in N77.6 Billion Deal
Chairman Femi Otedola has expanded his interest in First HoldCo Plc to 21.96 percent after purchasing over 700 million additional shares.
Private sector lending reaches N83 trillion amid rising money supply
Central Bank of Nigeria data indicates private sector credit grew to N83.3 trillion in June 2026, while broad money supply increased to N133.2 trillion amid a decline in cash held outside the banking system.
Nigeria Foreign Exchange Reserves Reach $52.73 Billion, Says CBN Governor
Central Bank Governor Olayemi Cardoso announced that Nigeria's external reserves have grown to $52.73 billion, while also reporting success in the recent banking recapitalization exercise.
FCMB and 247 Travels Partner to Launch Travel Financing Scheme
FCMB and 247 Travels have introduced a loan program offering up to ₦10 million for international air travel, allowing customers to pay for tickets in installments.
Senate orders AMCON to document operational history before 2030 closure
The Senate Committee on Banking has instructed AMCON to prepare a comprehensive report on its operations and achievements ahead of the agency's planned dissolution in 2030.
Taiwo Oyedele Stresses That Banks Must Earn Public Trust
Finance Minister Taiwo Oyedele and NDIC boss Thompson Sunday emphasize that earning public trust through transparency and proactive crisis management is essential for a resilient banking sector.
FirstHoldCo Reports 83.5% Profit Surge to N653.5bn for H1 2026
FirstHoldCo Plc experienced a strong first half in 2026, with profit before tax soaring 83.5% to N653.5 billion behind higher earnings and disciplined cost management.
FCMB and 247 Travels Partner to Offer N10 Million Travel Loans
FCMB and 247 Travels have launched a financing scheme providing up to N10 million for international flight tickets, allowing customers to pay back over a period of three to nine months.