FBNQuest Merchant Bank, the investment banking and asset management arm of FBN Holdings Plc, recently concluded its 9th Annual General Meeting, during which it presented its Annual Report and Financial Statements for the fiscal year ending December 31, 2023. Despite facing economic hurdles, the Bank showcased a strong financial performance […]
BANKING
Olusegun Alebiosu has been appointed as the Acting Managing Director/Chief Executive Officer of First Bank of Nigeria Limited (FirstBank Group), effective April 2024. Stepping into this crucial role from his previous position as the Executive Director, Chief Risk Officer, and Executive Compliance Officer, Alebiosu brings over 28 years of extensive […]
At the ongoing Spring Meetings of the International Monetary Fund (IMF)/World Bank in Washington DC, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, made a statement emphasizing the bank’s stance on defending the naira. In a departure from past practices, Cardoso clarified that it is not the […]
FBNQuest, the investment banking and asset management arm of FBN Holdings Plc, recently organized a financial literacy and enlightenment session in commemoration of the 2024 Global Money Week as part of its Corporate Responsibility & Sustainability (CR&S) activities. The theme for this year’s Global Money Week was “Protect Your Money, […]
The Diamond Lady Family Support Foundation issued a press statement on Friday evening to extend congratulations to Dr. Adaora Umeoji on her recent appointment as the Group Managing Director and Chief Executive Officer of Zenith Bank. The Foundation’s President General, Mrs. Nkiru Uzoechina, and the Secretary General, Mrs. Maria-Fidelia Ubah, […]
OPay, the top financial technology business in Nigeria, with its headquarters in Lagos, has transformed customer service by emphasizing user pleasure and introducing state-of-the-art solutions to improve client experiences. OPay is pioneering a customer service revolution built on convenience and efficiency. Recognizing the diverse needs of its users, OPay offers […]
Nigeria has seen an improvement in the rate of financial inclusion. Mature Nigerians with bank accounts now make up over two-thirds of the financially included population, up from a small percentage before the nation adopted an inclusion policy in 2012. The 2023 Report on Access to Financial Services in Nigeria […]
FBNQuest, the investment banking and asset management arm of FBN Holdings Plc, has released its latest Economic Outlook Report forecasting Nigeria’s Gross Domestic Product (GDP) to grow by 3.1% in 2024. The report, which offers insights into the macro economy, socio-political landscape and capital market trends, provides a comprehensive analysis […]
In the dynamic landscape of Nigeria’s digital sphere, the Association for Information and Communication Technology on Local Content (ICTLOCA) has emerged as a formidable advocate, championing indigenous ICT solutions and backing recent forex policies initiated by the Central Bank of Nigeria (CBN). This article delves into ICTLOCA’s core mission, its […]
In today’s world of e-commerce, the right financial tool can gravitate from the more technical accounting software and payroll management tool to the less complicated but secure digital payment platform and Point of Sale (POS) machine. Big on secure digital payments, leading fintech platform PalmPay offers digital financial tools such […]