Banking Archives — Page 23 of 59

July 31, 2020 No Responses

Ecobank Nigeria Unveils Loan Package For Female Entrepreneurs

Ecobank Nigeria has unveiled a special loan package for female entrepreneurs in the country. The Ecobank Female Entrepreneurs’ Initiative (EFEI) loan is specially designed by the bank to financially empower female business owners and entrepreneurs in the country. According to...

July 21, 2020 No Responses

Naira Exchanges At N472 To Dollar At Parallel Market

The Naira on Tuesday exchanged at N472 to a dollar at the parallel market in Lagos State, the News Agency of Nigeria (NAN) reports. The Pound Sterling and the Euro also exchanged for N575 and N530 respectively. The Naira, however,...

July 21, 2020 No Responses

Heritage Bank Upgrades HB ‘Padie’ Mobile App

Heritage Bank has upgraded its HB ‘Padie’ mobile application to HB ‘Padie’ 2.0, which comes with new improved features for convenient, quick, secure and affordable way for seamless 24/7 banking transaction. A statement explained that the HB ‘...

July 9, 2020 No Responses

Access Bank To Acquire Zambian Bank

Access Bank Plc has announced plans for acquisition of 100 per cent of Cavmont Bank Limited, a Zambia-based financial institution. The bank disclosed this in a regulatory filing to the Nigerian Stock Exchange (NSE) signed by Mr Sunday Ekwuochi, its...

July 6, 2020 No Responses

Fidelity Bank Appoints Chike-Obi Chairman

Fidelity Bank Plc has announced the appointment of Mr Mustafa Chike-Obi as the Chairman of the bank. Chike-Obi, who is currently Executive Vice Chairman at Alpha African Advisory, has over 40 years of experience in investment banking and the financial...

July 4, 2020 No Responses

Heritage Bank Shuts Branch Over Suspected Coronavirus Case

Heritage Bank Plc has closed down an Experience Centre (branch) at Allen Avenue, Ikeja, Lagos State over “unconfirmed case” of Coronavirus. In a statement made available to Journalists and customers, the bank said a deep hygiene clean up has been...

July 2, 2020 No Responses

Okonedo Replaces Oteh On Ecobank Board

Shareholders of Ecobank Transnational Incorporated (ETI) have elected Prof. Enase Okonedo and Mr Simon Dornoo as board members of the bank. A statement issued by Adenike Laoye, its Group Head Communication on Wednesday explained that the election took place at...

June 27, 2020 No Responses

FirstBank Upgrades Mobile Banking Application

First Bank of Nigeria Limited has upgraded its mobile banking application, FirstMobile, with new and improved features to promote safe and convenient Mobile Banking experience for customers. The bank’s Group Executive, e-Business & Retail Produ...

June 27, 2020 No Responses

Ecobank Extends Zero Charge For Digital Money Transfers

Ecobank has extended its zero charge fee for digital money transfers below N5,000 till the end of September this year. In addition to the free USSD session fee currently enjoyed by Ecobank customers, users of Ecobank Mobile, Ecobank Online, USSD...

June 18, 2020 No Responses

Ecobank Supports Financial Inclusion Via Xpress Points

Ecobank Nigeria says its agency banking scheme, also known as Xpress Points, is building entrepreneurs and pushing financial inclusion to the large unbanked and under-banked population in Nigeria. In a statement, the lender explained that its Xpress Poin...

June 11, 2020 No Responses

Heritage Bank-Dukia Gold To Boost Nigeria’s 200mn ounces Of Gold Potential Reserves

The Federal Government of Nigeria has commended Heritage Bank for being part of a valuable private sector collaboration with Dukia Gold & Precious Metals Refining Co. Ltd, saying such partnership stands to create new opportunities for Nigeria to grow its.....

June 9, 2020 No Responses

World Bank Begins APPEALS Project Implementation Review

The 5thWorld Bank Implementation Support Mission (ISM) of the Agro-Processing, Productivity Enhancement and Livelihood Support (APPEALS) Project commenced on Monday online across all Project Implementation Units (PIUs). Scheduled to end Thursday, June 11...

June 6, 2020 No Responses

Fidelity Bank Donates N10m To Kano Govt

The management of Fidelity Bank Plc has donated N10 million to Kano State Government for the prevention and control of COVID-19 pandemic in the state. Mr Hassan Imam, Executive Director, Northern operation of the bank who presented the cheque on...

May 30, 2020 No Responses

AfDB: Why The US Is Targeting Akinwumi Adesina

The US and the African Development Bank have fallen out over allegations of corruption against the bank’s Nigerian head, writes former BBC Africa Business editor, Larry Madowo. Akinwumi Adesina is a sharp dresser known for his expensive tailored suits, i...