Banking Archives — City Business News

April 5, 2025 No Responses

Tinubu Appoints Sotinrin As Bank Of Agriculture MD

President Bola Tinubu has appointed Ayo Sotinrin as the new Managing Director of the Bank of Agriculture, effective immediately. A statement issued on Friday by the President’s spokesperson, Bayo Onanuga, explained that Sotinrin brings a diverse and extensive background in...

February 26, 2025 No Responses

GTCO Distributes 3,000 Gas Cylinders To Ogun Community

As part of ongoing efforts to enhance the quality of life for households and empower women in underserved communities, GTCO Plc at the weekend launched its Waste for Gas initiative which saw over 3,000 residents of Obafemi Owode Local Government...

February 21, 2025 No Responses

GTCO Unveils Initiative For Quality Households, Empower Women

Guaranty Trust Holding Company Plc (GTCO), on Friday unveiled it’s “Waste for Gas” project as part of measures to improve quality of life for households and empower women in underserved communities.The initiative aims to distribute 3,000 3kg gas cyli...

February 13, 2025 No Responses

GTBank Removes POS Processing Fees

Guaranty Trust Bank Ltd has announced the removal of processing fees on all GTBank POS terminals, reinforcing its commitment to supporting businesses with cost-effective payment solutions.This initiative, which took effect Tuesday, 11 February 2025, communicat...

February 12, 2025 No Responses

CBN Stops Free Withdrawals For Customers Using Other Banks’ ATMs

Charges will now apply anytime customers use the Automated Teller Machines (ATMs) of banks, the Central Bank of Nigeria (CBN) has declared. This was contained in a circular dated February 10, 2025, and addressed to all banks and financial instituti...

January 23, 2025 No Responses

Bankit MFB Unfolds 2025 Expansion Agenda

January 15, 2025 No Responses

Disconnect Zenith Bank, Fidelity, FCMB, Others, NCC Directs Telcos

The Nigerian Communications Commission (NCC) has directed telecommunications companies (telcos) to disconnect the unstructured supplementary service data (USSD) codes assigned to nine banks due to unpaid debts.In a statement issued by Reuben Muoka, NCC Directo...

January 14, 2025 No Responses

UBA Rewards Customers With N41m

United Bank for Africa (UBA) Plc has distributed over N41.8m in prizes to over 100 lucky customers in its just concluded UBA Legacy Promo series. The promo which began last year, was specially designed by the bank to celebrate UBA’s...

January 10, 2025 No Responses

NIGERIA’S FIRSTBANK SETS SIGHTS ON ETHIOPIA, ANGOLA, CAMEROON

Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria Limited is gearing up for its next growth phase as financial systems across the continent open up to new opportunities. More than a decade after an acquisition spree...

January 8, 2025 No Responses

KPMG Survey: UBA Emerges Top 5 In Customer Experience, SME, Retail Banking, Others

United Bank for Africa (UBA) Plc has Sustained cemented its position as a leading customer-centric institution, emerging among the Top 5 banks, in various survey’s segmentation, in the recently released KPMG 2024 West Africa Banking Industry Customer Experie...

December 31, 2024 No Responses

Bankit MFB Unveils Web Banking Platform

Bankit MFB, an emerging financial institution in the Nigerian financial sector, has unveiled its web banking platform to provide customers with an additional digital channel to manage and carry out uninterrupted daily transactions on their phones, laptops and ...

December 30, 2024 No Responses

FirstBank Lays Off 100 Senior Staff

FirstBank, part of FBN Holdings’ has exited about 100 senior staff members.According to Nairametrics, some of the bank’s top executives were asked to leave as part of its repositioning plan for 2025.The exits appear to be part of a concerted...

December 25, 2024 No Responses

Greenwich Group Celebrates 30th Anniversary, Rewards 45 Staff

The Greenwich Group, a leading financial solutions provider in Nigeria has marked 30 years of delivering innovative financial solutions tailored to the evolving needs of stakeholders while contributing to the growth and development of the Nigerian economy.The ...

December 25, 2024 No Responses

Photo News

Prince Julius Adelusi-Adeluyi, former Minister of Health and Human Resources; Otunba Adeniyi Adebayo, former Minister of Industry, Trade and Investment of Nigeria; Erelu Angela Adebayo, Chairperson of Greenwich Foundation; Chairman of Greenwich Group, Kayode F...