Business
No news is spared in the business world
Banks deposit N2.5trn in CBN via standing deposit facility amid tight liquidity conditions
Banks in Nigeria have deposited a total of N2.5 trillion with the Central Bank of Nigeria (CBN) through the Standing Deposit Facility (SDF),...
Top Nigerian banks post record 46.4 per cent profit growth to N4.1trn in 2024 amid economic pressures
Despite an increasingly challenging economic climate, Nigeria’s five leading banks, First Holdco Plc, United Bank for Africa (UBA) Plc, Guaranty Trust Holding Company...
Shareholders commend Wema Bank at 2024 Annual General Meeting
…Express confidence in stable future following FY 2024 Financial Performance Reinforcing its position as one of Nigeria’s most profitable financial institutions, Wema Bank,...
CBN dismisses claims on Fidelity Bank bankruptcy
The Central Bank of Nigeria has dismissed bankruptcy claims making the rounds on social media about a Nigerian bank, Fidelity. In a statement...
Wema Bank Training Institute, Purple Academy Shines At GlobalCCU Awards, Paris
…Confirmed Winner of the 2025 GlobalCCU Award for ‘Best Corporate University Culture’ Wema Bank, Nigeria’s oldest indigenous bank, most innovative and pioneer of...
UBA’s Abiodun Coker named “Future Leader in Media Management” at The Industry Summit/Award
The communications team at United Bank for Africa (UBA) has another reason to celebrate as Abiodun Coker, Media & External Relations Lead, has...
Wema Bank rewards customers with over N14m during 80th anniversary gala
Wema Bank, Nigeria’s oldest indigenous bank, most innovative and pioneer of Africa’s first fully digital bank, ALAT, celebrated its 80th anniversary in grand...
MTN Nigeria invests N202.4 billion to elevate connectivity nationwide
MTN Nigeria Communications Plc has held its 2025 Annual General Meeting (AGM) in Lagos where shareholders reviewed the company’s full-year financial performance and...
CBN announce N165bn surplus in 2024 financial year
The Central Bank of Nigeria (CBN) has announced that its bottom-line improved from a deficit position of N1.3 trillion in 2023 to a...
Wema Bank celebrates 80 years of impact
Wema Bank has officially marked the incredible milestone of its 80th anniversary on Friday, May 2nd, 2025. Celebrated as Nigeria’s oldest indigenous bank,...
