Banking Archives — Page 26 of 59

January 25, 2020 No Responses

Banking Sector Gross Credit Increases By N2tri In Seven Months

The Banking Sector Gross Credit increased by two trillion naira in seven months, the Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said. Briefing Journalists on the outcome of Monetary Policy Committee (MPC) meeting held in Abuja...

January 25, 2020 No Responses

First Bank Wins Best Mobile Banking App, Fastest Growing Retail Bank Awards

First Bank of Nigeria Limited has been named 2019 “Best Mobile Banking App” and “Fastest Growing Retail Bank” winner by Global Business Outlook. The Global Business Outlook Award recognises and rewards excellence in business in companies across t...

January 20, 2020 No Responses

Customs Appoints NOVA Duty Collecting Bank

NOVA Merchant Bank has been appointed as a designated collecting bank for Import, Excise and other duties by the Nigeria Customs Service. A statement explained that this will enable the Bank handle duty payments for its clients in addition to...

January 9, 2020 No Responses

World Bank: Developing Economies To Record 4.1% Growth In 2020

The World Bank says due to growth in emerging market, developing economies are expected to accelerate to 4.1 per cent in 2020. The bank made this known in a statement in Abuja on Wednesday. It explained that this rebound was...

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...