“…NEXIM Bank is determined to ensure these funds achieve the desired impacts of triggering non-oil export development, growth and economic progress in line with its mandate as the Trade Policy Bank of the Federal Government, and in line with the applicable CBN guidelines for the implementation of […]

5/2/2018/NBS A total volume of 461,980,541 transactions valued at N29.44 trn were recorded in Q4 2017 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed. Automated Teller Machine (ATM) transactions dominated the volume of transactions recorded. 239,692,229 volume of ATM transactions valued at N1,833 bln were recorded […]

February 5, 2018/Fitch Ratings Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDR) of FBN Holdings Plc (FBNH) and First Bank of Nigeria Ltd (FBN). The Outlooks are Negative. The banks’ Viability Ratings (VR) have been affirmed at ‘b-‘ and the Support Ratings at ‘5’. The Long-Term National Ratings […]