Money

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Money

UBA Group Dominates 2025 Banker Awards, Emerges Africa’s Bank of the Year For Third Time In Five Years

….Wins Best Bank In Nine Out Of 20 African Subsidiaries Africa’s Global Bank, United Bank for Africa (UBA) Plc, has once again, reaffirmed...

Money

Central Bank Relaxes Cash Limits Nationwide To Boost Liquidity

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) on Wednesday announced a major relaxation of its cash withdrawal and deposit regulations, effective January...

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Alternative Bank Unveils Flagship Effurun Branch, Sets Bold Pace For Delta’s Economic Future

L-R: Chukwuemeka Agada, Regional Sales Manager, The Alternative Bank; Akanni Owolabi, Regional Head, Edo/Delta, The Alternative Bank; Chief (Dr.) Samuel Eshenake, Secretary, Uvwie...

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AFC raises record US$524m in Dual-Currency Samurai Loan Facility

JOKE AJIBADE—Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has closed a landmark US$524 million equivalent dual-currency Samurai term loan facility....

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AltBank Drives Economic Growth, Strengthens Trade Systems At NITF 2025

The Alternative Bank (AltBank) has emphasised its commitment to tailored export-finance solutions for MSMEs in across the health, education, agriculture, renewable energy and...

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Strengthen Support for Failed Banks’ Liquidation, NDIC Tells Estate Surveyors

BY JOKE AJIBADE —The Nigeria Deposit Insurance Corporation (NDIC) has urged the Nigerian Institution of Estate Surveyors & Valuers (NIESV) to deepen strategic...

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Nigeria’s GDP Growth Hits 3.98% In Q3 2025

BY NKECHI NAECHE-ESEZOBOR-National Bureau of Statistics (NBS), on Monday said Gross Domestic Product grew by 3.98% (YoY) in real terms in Q3 2025,...

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First HoldCo Plc Concludes Sale Of 100% Stake In FBNQuest Merchant Bank to EverQuest

BY NKECHI NAECHE-ESEZOBOR—First HoldCo Plc at the weekend said it has successfully completed the full divestment of its 100% ownership in FBNQuest Merchant...