Banking, Insurance and general financial services news
Barclays pulls out of African market after almost 100 years with £538million Absa sale
Fidelity Bank set to acquire 100% equity in Union Bank UK Plc
Agusto projects 23% return on equity for Nigeria’s banking industry in 2022
Access Holdings get regulatory nod to acquire majority stake in First Guarantee Pension Limited
Banks N22 trillion Claims with Central Bank seen funding largest intervention funds in Nigeria’s history
Nigeria’s central bank raises interest rate on Intervention Loans to 9% from 5%
Mobile transactions in Nigeria hits N9.2 trillion in 7 months of 2022 – NIBSS
Nigeria’s central bank increases interest rates on savings deposit to 4.2%
Banks, organised private sector seek increased forex allocation to real sector
Bank managers cause of bank failures in Nigeria – NDIC
NDIC denies sale of Polaris Bank to Babangida’s son-in-law, insists all Nigerian banks are safe