Banking Archives — Page 26 of 59

December 30, 2019 No Responses

CIBN: Downward Review Of Bank Charges Will Affect Bottom Line Of Banking Industry

The Chartered Institute of Bankers of Nigeria (CIBN), said on Sunday that the downward review of bank charges would affect the net earnings and income of the Banks. Dr Uche Olowu, the CIBN Chairman, told News Agency of Nigeria (NAN),...

December 25, 2019 No Responses

A Merry & Mobile Season with the New Ecobank Mobile App

Christmas is typically a fun-filled season for everyone; for parents it’s a time to spend time with their children, for friends it’s a time to enjoy the company of one another and for kids it’s a time to see Santa...

December 13, 2019 No Responses

CBN: Refund To Bank Customers Stand At N76.7b,$20.9m

The Central Bank of Nigeria (CBN) says the worth of money refund to bank customers as at Nov. 30 stood at N76.75 billion and 20.90 million dollars. Mr Kofo-Abdulsalam Alada, the Director, Consumer Protection Department (CPD) of CBN, said this...

November 30, 2019 No Responses

Ecobank, Standard Chartered Lead In Q3 Capital Importation To Nigeria

National Bureau of Statistics (NBS) says Ecobank Nigeria and the local unit of Standard Chartered Bank have joined Stanbic IBTC Bank to become foreign investors’ favourites for investment deals. Details of the Bureau report showed that out of 26 banks....

November 29, 2019 No Responses

DBN Holds Workshop For Executives Of Microfinance Banks

The Development Bank of Nigeria as part of its advocacy initiative has held a capacity-building programmeon Environmental & Social Risk Management practice for top executives of Microfinance Banks recently in Lagos. Giving his opening remarks, the Ma...

November 27, 2019 No Responses

Access Bank Introduces Free Banking For Senior Citizens

Access Bank Plc has introduced a special account designed to provide Nigerians age 60 and above with free financial and lifestyle support services. Mr Victor Etuokwu, the Executive Director, Retail Banking, Access Bank Plc disclosed this in a statement on...

November 20, 2019 No Responses

Access Bank Appoints Awosika Board Chairman

The Board of Directors, Access Bank Plc on Tuesday announced Dr Ajoritsedere Awosika as its new Chairman. The bank’s Company Secretary, Mr Sunday Ekwochi, explained in a statement Awosika would assume the position of the company’s Board Chairman on J...

November 14, 2019 No Responses

Fidelity Bank Rewards Customers with N15m

Fidelity Bank Plc on Wednesday flagged off the maiden edition of its Get Alert In Millions (GAIM) Season 4 savings promo draw in Ibadan, Oyo State, splashing 13 customers across the nation with N15 million and other consolation prizes. The...

November 12, 2019 No Responses

Top Global Designers Storm Lagos For Zenith Lifestyle Fair

Top global designers and brands will storm Lagos for the “Style by Zenith 2.0” Fair, the second edition of Zenith Bank’s highly anticipated Lifestyle Fair, which holds from Friday, November 29 to Sunday, December 1, 2019 at the Eko Energy...

November 3, 2019 No Responses

UBA Offers Full Banking Services At Lagos Trade Fair

The United Bank (UBA)for Africa Plc has commenced full banking services at the ongoing Lagos International Trade Fair. The Fair scheduled to hold between November 1st and 10th, 2019, is the 33rd edition and is put together by UBA Plc...

October 31, 2019 No Responses

Union Bank Declares N15.2b Profit In Q3

Union Bank of Nigeria (UBN) Plc on Wednesday reported profit after tax of N15.2 billion for the nine months ended Sept. 30, 2019. The bank in a statement in Lagos said that the profit represented a growth of four per...

October 30, 2019 No Responses

Fidelity Bank Declares N23b Profit In Q3

By citybusinessnews@yahoo.com — For the third quarter ended September 30, 2019, Fidelity Bank Plc has declared Gross Earnings of N161.4billion, an increase of 16.3 percent when compared to ₦138.7 billion reported in the same period in 2018. According t...

October 30, 2019 No Responses

Sterling Retail Loans Up 200%, Grows Net Interest Income By 19%

Sterling Bank Plc, a full-service national commercial bank, has reported a net interest income growth of N47.53 billion for the third quarter ended September 30, 2019 as against N39.834 billion for the corresponding period of 2018, representing a growth of...

October 28, 2019 No Responses

FirstMonie Network Hits 500,000 Customer Transactions Daily

First Bank of Nigeria Limited (FBN) FirstMonie network, introduced to boost financial inclusion, presently processes over 500,000 customer transactions daily. The bank’s Managing Director, Dr Adesola Adeduntan, disclosed this at the FBN’s agent banking nat...