05/03/2024
The discussions also explored strategies for strengthening healthcare infrastructure, leveraging technological advancements, as well as enhancing community health initiatives.
05/03/2024
The new directive was contained in a message sent to customers by banks as directed by the Federal Inland Revenue Service.
05/03/2024
This came weeks after the Central Bank of Nigeria directed Deposit Money Banks to recapitalise with banks with international licences expected to raise theirs to N500bn.
05/02/2024
Over the last 79 years, Wema Bank has successfully navigated the dynamic challenges and ever-evolving landscapes of the banking sector, growing to become a beacon of resilience and adaptability.
04/29/2024
The banking regulator also notes that the number of depositors in banks increased by 40 percent
04/29/2024
The Nigerian billionaire Tony Elumelu-owned lender acquired 13 percent
04/29/2024
ECLs are the expected credit losses that result from all possible default events over the expected life of the financial instrument.
04/26/2024
The two biggest JSE-listed banks—FirstRand and Standard Bank—saw their share prices drop by double-digit percentages between 1 January and 24 April 2024.
04/23/2024
In a report released on April 17, 2024, the International Monetary Fund (IMF) highlighted these risks within the sub-region.
04/22/2024
The world’s top 500 most valuable and strongest banking brands are included in the annual Brand Finance Banking 500 ranking.
04/19/2024
Old Mutual noted it would now formally transition from ‘bank build mode’ and enter into a strict and rigorous industry testing phase with selected bank partners.
04/18/2024
No fraudster is safe with Wema Bank
04/18/2024
Our performance in 2023 is an attestation of our capacity to deliver superior returns to shareholders despite the difficulties in our operating environment.
04/17/2024
Online banking customers are increasingly favouring biometric identification processes in their digital banking, as opposed to cumbersome, lengthy login experiences.
04/15/2024
South Africa was the only country in the study to see money or gift card fraud as the number one type of fraud.
04/12/2024
The bank said that notwithstanding the 32 percent growth in operating expenses in 2023, its cost-to-income ratio improved significantly
04/12/2024
This initiative is poised to have a profound impact on various stakeholders
04/12/2024
Under the visionary leadership of the Banking Group MD/CEO, Adesola Adeduntan, FirstBank has achieved remarkable milestones and solidified its position as a trailblazer in the financial sector.
04/11/2024
The costs include money spent on rent, marketing, staff salaries, rent, insurance, equipment and others
04/10/2024
Similarly profit after tax (PAT) grew by 257 percent to N608 billion from N170 billion in 2022.