For many young Nigerians, banking has become an increasingly digital experience. From paying online vendors and school fees to splitting bills, running businesses on social media and sending money to family and friends, smartphones have become central to everyday financial transactions. Speed, convenience, free transfers and rewards remain key factors […]
BANKING
Every great business starts with a simple idea. For a new financial technology (fintech) company called Stabyl, that idea did not come out of a formal corporate boardroom. Instead, it started during casual conversations between classmates at the University of Oxford. Between 2021 and 2022, Prince Nnamdi Ekeh and Zachary […]
As part of activities leading up to her investiture as the 14th President of the Chartered Institute of Stockbrokers (CIS) and the first female President in the Institute’s history, Dr. Fiona Ahmed Ahimie, Managing Director of First Securities Brokers Limited, hosted the inaugural LeadHER Mentorship Session on Thursday, June 18, […]
Alpha Morgan Bank has achieved a remarkable milestone in Nigeria’s banking industry, reporting a Profit Before Tax (PBT) of ₦1.9 billion within its first 10 months of operation. The outstanding performance positions the Bank among the most successful new-generation financial institutions in the country and underscores the strength of its […]
Quest Merchant Bank Limited has recorded another year of impressive growth and resilience, as shareholders at the Bank’s 11th Annual General Meeting (AGM) approved the Audited Financial Statements for the year ended December 31, 2025, and applauded management for its outstanding financial performance, successful recapitalisation, and strategic vision for sustained […]
Quest Merchant Bank Limited has recorded another major milestone in its growth journey as GCR Ratings affirmed the Bank’s national scale issuer ratings of BBB(NG) and A3(NG), while revising its outlook from Rating Watch Negative to Stable. The latest ratings action reflects growing confidence in the Bank’s financial stability, liquidity […]
By Uwadiae Osadiaye, Head of Alternative Investments, FirstCap Limited In a move that has sent ripples through global energy markets, the United Arab Emirates (UAE) announced on April 28, 2026, that it will formally withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance effective […]
FirstCap Limited, a leading investment banking firm and subsidiary of FirstHoldCo Plc., has successfully closed the ₦4.46 billion Series 1 Bond Issuance by LAPO MFB SPV Plc, reinforcing its strong leadership in Nigeria’s debt capital markets and deepening access to long‑term funding for high‑impact sectors. Acting as Lead Issuing House, […]
Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2026, with a 6% growth in Gross Earnings, from N950 billion reported in Q1 2025 to N1.01 trillion in Q1 2026. This is despite the challenging operating environment and tightening monetary policy stance. From the unaudited statement of […]
Quest Merchant Bank Limited has announced the appointment of Mr. Andrew Olufunmilayo Lewis (Ayo Lewis) as Executive Director, Risk Management and Executive Compliance Officer (ECO), following regulatory approval by the Central Bank of Nigeria. This strategic appointment underscores the Bank’s unwavering commitment to strengthening corporate governance, enhancing risk discipline, and […]