Banking & Finance
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FG blocks mobile payment, telecoms network access to online loan firms
*As FCCPC develops framework, guidelines for digital lending The Federal Competition and Consumers Protection Commission, FCCPC, has directed payment systems…
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Titan Trust Bank takes over Union Bank
Titan Trust Bank Limited has brought to closure the deal enabling it to purchase a controlling stake in Nigeria’s second-oldest…
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FG, States, LGs Share N574.668bn as revenue for January
The Federation Accounts Allocation Committee (FAAC) has shared a total of N574.668billion January 2022 revenue to the Federal Government, States…
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Titan Trust Bank takes over Union Bank
The Board of Union Bank of Nigeria Plc (Union Bank) notified the NGX and Securities Exchange Commission that its investors…
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CBN might takeover Heritage Bank over $32 million debt
Information reaching Brand Spur Nigeria has it that there is panic among shareholders, board, and management of Heritage Bank, as…
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Why Gold is the best hedge against inflation
Nigeria is currently suffering from hyperinflation and the World Bank has recently stated that the current economic realities have pushed…
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Wike warns banks
Governor of Rivers State, Nyesom Ezenwo Wike says no financial bank will be allowed to frustrate or delay delivery time…
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Nigeria: CSOs, BMOs to enjoy USAID’s $33m support
The U.S. Agency for International Development, USAID, launched a new activity that promises to enhance the ability of Nigeria’s civil…
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N25bn Profit after Tax: Union Bank recommends 25k Dividend
Following gross earnings of N156.9 billion, compared with N159.9 billion in 2019, Net interest income rise by 10.1 per cent…
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CBN releases details on cryptocurrencies ban
In a statement on Sunday, the Central Bank of Nigeria (CBN) has reacted to condemnations trailing the directive to Deposit…
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