Banking Archives — Page 24 of 58

April 14, 2020 No Responses

LCCI Recommends Palliatives For Banking, Aviation sectors

The Lagos Chamber of Commerce and Industry (LCCI) has recommended palliatives for banking and aviation sectors to minimise the impact of the coronavirus pandemic on the nation’s economy. It also said that such palliative would engender quick economic recovery after...

April 10, 2020 No Responses

Lockdown: FirstBank Assures Customers Of Seamless Services

First Bank of Nigeria Limited, the leading financial inclusion bank in Nigeria, has reassured its customers that it would remain steadfast and ready to show up for them at these “unprecedented times.” The Bank, in a statement released on Thur...

April 9, 2020 No Responses

Zenith Bank Unveils Automated Voice Banking Services

Zenith Bank Plc, Nigeria’s leading financial institution, has introduced an automated voice banking service, an interactive voice response (IVR)solution which enables customers to perform basic banking transactions by dialing a dedicated phone line through t...

March 29, 2020 No Responses

First Bank: Our Branches Are Open Nationwide

Foremost financial institution, First Bank of Nigeria Limited, on Saturday, explained that following the directives for partial lockdown in several States across the country, the Bank will be offering skeletal services in some branches across the nation. A s...

March 26, 2020 No Responses

COVID 19: FirstBank, Stakeholders To Unveil e-Learning Platform For Children

By Moses Ebosele, ebosele@hotmail.com — As Nigerians grapple with the effect of Corona Virus Disease (COVID-19), First Bank has concluded plans to unveil e-learning platform for children across Nigeria in collaboration with strategic stakeholders. ...

March 18, 2020 No Responses

Akinwuntan: Ecobank Xpress Save And Xpress Loan Is Designed To Stimulate Micro Savings In The economy

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan said the Ecobank Xpress Save and Xpress Loan is a digital product designed to stimulate micro savings in the economy. According to the bank Managing Director, this innovative product is par...

March 17, 2020 No Responses

CBN Creates N50bn Fund, Cuts Rates On Loans

The Central Bank of Nigeria (CBN) Monday cut interest rates on all applicable CBN intervention facilities from 9 to 5 percent per annum for one year effective March 1, 2020. The apex Bank also granted a further moratorium of one...

March 14, 2020 No Responses

Access Bank Sets Aside N1b For DiamondXtra Season 12

Access Bank Plc on Friday unveiled DiamondXtra season 12 savings promo to boost savings culture and drive Federal Government’s financial inclusion initiative. The bank’s Executive Director, Retail Banking, Mr Victor Etuokwu, explained at the launch in Lago...

March 10, 2020 No Responses

Access Bank Unveils TraderLite For Micro SMEs

In the bid to stimulate the growth of the economy, Nigeria’s leading retail bank, Access bank plc has launched TraderLite, an account that enables micro businesses, with turnover between N50, 000 – N1Million, operate their businesses with their individual ...

March 9, 2020 No Responses

Banks Brace For Coronavirus

Many of the City of London’s biggest institutions are taking steps to combat the spread of the coronavirus. On Monday many of JPMorgan’s UK-based staff are being temporarily moved to a different office. They’re not alone. Goldman Sachs last w...

March 6, 2020 No Responses

2019: Coronation Merchant Bank Declares N5.09b

Coronation Merchant Bank Limited on Thursday announced a profit after tax of N5.09 billion for the financial year ended Dec. 31, 2019. The profit after tax represents a growth of 14 per cent when compared with N4.48 billion recorded in...

February 24, 2020 No Responses

CBN Clarifies Position On Domiciliary Accounts

The Central Bank of Nigeria (CBN) has not prohibited the acceptance of foreign currency cash deposits by Deposit Money Banks (DMBs), the CBN Director, Corporate Communications, Mr Issac Okorafor, clarified on Sunday. He explained that only electronic fund tran...

February 17, 2020 No Responses

Ban On Fish Importation To Save Nigeria Over $1b

Plans by the Federal Government to ban fish importation will save the country over $1billion US dollars, the Treasurer, National Fish Association of Nigeria(NFAN), Chibunna Ubawuike, has said Ubawuike, who made the disclosure in an interview with the New...

February 13, 2020 No Responses

Valentine: Access Bank Unveils New Offers

Access Bank Plc has unveiled a series of great deals and exciting offers to celebrate its customers this Valentine season. The campaign, tagged “It’s a Love Thing” is the 4th edition and will kick off from February 11 to February...