Sterling Bank on Tuesday announced it has cancelled transfer fees, challenging other commercial banks to emulate its policy. Sterling Bank announced its transfer fees cancellation in a post on X…
Read More Sterling Bank cancels transfer fees; challenges other Banks to follow suit
Our reporter/ President Bola Tinubu on Wednesday approved the reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the Chairman, Chief Pius Akinyelure and the Group Chief Executive…
Read More Tinubu sacks NNPCL CEO Kyari, replaces him Ojulari
Our reporter/ Nigeria’s Net Foreign Exchange Reserve (NFER) as of the end of 2024 stood at $23.11 billion, the highest level in over three years, reflecting a substantial improvement in…
Read More Nigeria’s net reserve hits $23bn, highest in over three years – CBN
Six banks in the country have posted N3.41 trillion as profit after tax for 2024 ended against the N2.1 trillion recorded in the 2023 financial year. This is despite diverse…
Read More Six banks report N3 trillion profit amid complaints, challenging environment in Nigeria
Our reporter/ The Nigeria Deposit Insurance Corporation (NDIC) says it has intensified efforts to pay depositors of the defunct Heritage Bank whose balances exceed the maximum deposit insurance limit of…
Read More Defunct Heritage Bank: NDIC intensifies efforts to ensure timely payments for uninsured depositors