Banks: EFCC Boss Says Rogue Staffs Aiding Cyber Attacks on Customers’ Funds
"He said that compromised bank employees have played a crucial role in granting unauthorized access to hackers operating from countries including the United States...
Afreximbank Loans Fidelity Bank $40mn to Boost Trade Flows Between Nigeria, UK
In the words of the MD/CEO of Fidelity Bank, Dr (Mrs) Nneka Onyeali-Ikpe, ‘We are very thankful to Afreximbank for supporting our expansionary initiatives for international growth.
CBN Advises Exporters on Export Financings At Banker’s Committee Meeting
Cover image: CBN Governor, Olayeni Cardoso
The Central Bank of Nigeria (CBN) has called on local manufacturers and exporters to explore financing opportunities available...
BREAKING NEWS: GHL Floors FBN in Court ▪︎Directors Seek $1 Billion Each in Damages
Justice Dehinde Dipeolu of the Federal High Court in Lagos has overturned a Mareva injunction that had frozen the assets of General Hydrocarbons Ltd...
Wema Bank Prepares for 80 Years Anniversary
Wema Bank is in top gear to prepare for its 80th-anniversary celebration set for Friday, May 2nd, 2025.
Accordingly, the Bank has unveiled a...
Outcome of CBN Meeting with IFC
Both the CBN and IFC aim to invigorate Nigeria’s banking industry by fostering the development of financial products that meet the country's needs and catalyze the financial ecosystem.
NEXIM’s Facility Boosts MMNL Battery Productions
The management of Metal Manufacturing Nigeria Limited (MMNL) says that a credit facility it secured from the Nigerian Export-Import Bank (NEXIM) has increased the...
BoI, Katsina Earmarks N5bn For Economic Projects
The N5 billion is made up of an N1 billion managed fund and a N4 billion matching fund, where BOI and the Katsina State Government are contributing N2 billion each.
Korea Pledges $14bn Export Financing For Korean Companies in Africa
Adesina also highlighted the deep relationship between Korea and the Bank, starting from 1982 when Korea became a member of the Bank.
Sidi Ould Tah elected ninth president of AfDB
" Tah will assume office on 1 September 2025, for a five-year term, following the end of the second mandate of current President, Dr....
