Banking

The four deposit money banks classified under tier 1 bank including Guarantee Trust Bank plc, United Bank for Africa plc,...

Banks overnight lending rate rose sharply to around 50 percent on Friday, from an average of 4.5 percent the previous...

First Bank of Nigeria Limited, Nigeria Most Valuable bank brand has reinstated its commitment to economic diversification through support for...

Union Bank Union Bank of Nigeria Plc got the approval of its shareholders to raise additional share capital up to the...

Interbank Iending Interbank lending rate fell to 10 percent on Friday from 14 percent a week ago as October budget...

UBA United Bank for Africa (UBA) has secured a $150 million loan deal with the African Development Bank (AfDB) to...

 Nigeria's House of Representatives on Wednesday deliberated for the second time, a new legislative framework that seeks to prohibit all...

FCMB In order to strengthen its capital adequacy ratio, FCMB Group Plc plans to further deleverage its balance sheet as...

Skye Bank may sell some or all of its local and foreign subsidiaries as part of a review aimed at...

Interbank lending rate fell to 14 percent on Friday from 22 percent last week after the central bank repaid matured...