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Latest news

Ecobank Nigeria shareholders to receive ₦66.6 as Dividend

Pan-African banking group, Ecobank Transnational Incorporated (ETI), has announced that its shareholders especially those in Nigeria, will receive N66.6 as a dividend for the...

CBN introduces Bank Neutral Cash Hubs (BNCH) to reduce cost borne by banks, merchants and huge cash handlers

In a bid to further promote a sound financial system in Nigeria, the Central bank of Nigeria (CBN), in collaboration with Banker’s Committee on...

NGX partners MTNN to promote financial literacy and enhance retail participation in Nigeria’s capital market

Nigerian Exchange Limited (“NGX” or “The Exchange”) and MTN Nigeria Communications Plc (MTNN) have announced the signing of a Memorandum of Understanding (MoU) to...

NG Stocks: List of Dividends announced in 2022, plus payment dates

The dividend season is here once again, investors are on the look out for best stock as companies proposes dividend payments to their shareholders...

SEC seals offices of Vektr Capital, Farmforte over illegal investment activities

The Securities and Exchange Commission (SEC), has sealed the premises of Vektr Capital Investment/Vektr Enterprise, Farmforte Agro-Allied Solutions Limited/Agro Partnerships and Oxford International Group/Oxford...

Zenith and First banks cut dollar spending limit on Naira debit cards

Following the longstanding scarcity of foreign exchange which no doubt has negatively affected the country’s economy, two of Nigeria’s leading commercial banks, Zenith Bank...

Sterling Bank’s ED, Emmanuel Emefienim resigns

Sterling Bank’s Executive Director, Institutional Banking Group, Emmanuel Emefienim has resigned from the services of the Bank effective March 1, 2022. In his resignation announcement...

IMF approves emergency disbursement of $1.4 billion to Ukraine for financing needs

The Executive Board of the International Monetary Fund (IMF) has approved a disbursement of US$1.4 billion (582,176,000,000.00 Nigerian Naira) under the Rapid Financing Instrument...

Mobile Token and OTP Code Explained

The innovative banking practiced in Nigeria today has made virtually all our banking transactions to be done either with the use of mobile phones...

IWD2022 Celebration: Namecheap is giving women entrepreneurs FREE domain, hosting, SSL certificate

Are you a dreamer, creator, or innovator? Namecheap, Inc has a great opportunity for you! In the spirit of #BreakTheBias campaign, world's renowned domain registrar...

IWD2022 Current Affairs Quiz – 08 March, 2022

International Women’s Day (IWD) is observed annually on March 8 and celebrates the global “social, economic, cultural and political achievements of women.” The day...

Russian banks turns to China’s UnionPay after Visa and Mastercard exit

As the war between Russia and Ukraine continues to escalate, several Russian banks have reportedly turned to China’s bank card service ‘UnionPay’ as US...