Tag: Banking

The Nigeria Deposit Insurance Corporation (NDIC) is to commence the claims verification of depositors of the three Micro-finance Banks (MFBs) whose licences were revoked by the Central Bank of Nigeria (CBN).  The NDIC said on Thursday in its official Twit...

Guaranty Trust Holding Company Plc, (GTCO) has released its unaudited financial results for the first quarter of 2022 to the Nigerian Exchange Ltd., (NGX) and London Stock Exchanges, declaring a profit before tax of N54.3 billion.   The group, in a...

L-R: Dr Ken Giam, Chairman African Leadership Magazine; Rosalyn Henderson Myers, Representative for South Carolina House of Representatives USA; Dr. Adesola Adeduntan, CEO, FirstBank; Judge Carlos Moore, President National Bar Association for the Advancement o...

Ahead of the Easter holidays, Ecobank Nigeria has reassured that customers will be able to shop seamlessly and carry out all their transactions via the Ecobank Digital platforms, which include the Ecobank Mobile app, USSD *326#, E...

Following successful outings in Kano and Akure, leading financial institution, Fidelity Bank Plc, is set to host businesses in the north central geopolitical zone to a special seminar on opportunities and implementation of the CBN RT200 FX Policy.   ...

Union Bank Plc has launched a technological and innovation hub known as SpaceNXT. Built to promote innovation and encourage collaboration within the tech ecosystem in Nigeria, SpaceNXT is a future-forward purpose-designed co-working hub for innovators, creato...

The Group Managing Director/ Chief Executive Officer, Access Bank Plc, Dr Herbert Wigwe, says the bank aims to become one of the top five in Africa by 2027.  Wigwe told journalists in Lagos on Tuesday that the bank, which had...

First Bank of Nigeria Ltd. has rewarded 300 customers with the sum of N4 million at the bank’s ongoing Verve Card campaign.  A statement issued on Monday by its Group Executive, e-Business & Retail Products, Mr Chuma Ezirim explained that...

The Central Bank of Nigeria’s (CBN) efforts towards actualising $200 billion in Foreign Exchange (FX) repatriation from non-oil exports over the next five years have been given a major boost with a recently held workshop for exporters and investors in...

Ecobank Transnational Incorporated (ETI) is set to pay shareholders dividends of $0.16 per share totaling $40 million for the year ended December 31, 2021, amounting to approximately CFA90, N66.6, or 1.08 Ghana Cedi per share.  The Bank in a statement...

For the year ended December 31, 2021, Guaranty Trust Holding Company Plc (GTCO) has released its audited consolidated and separate financial statements to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE).&nbs...

Fidelity Bank Plc has reiterated its commitment to enriching the lives of its customers as it announced the third set of 10 millionaires in its Get Alert in Millions season 5 (GAIM 5) promo.  The third monthly draw of the...

Chief Oluwarotimi Fadoju, a Customer at the Stanbic IBTC Bank, Ring Road branch, Ibadan, Oyo State, on Tuesday created scene inside the banking hall, protesting alleged frozen of his account over Tax Identification Number (TIN) certificate.  Fadoju, who c...