Banking Archives — Page 27 of 55

October 4, 2018 No Responses

CBN Boosts FOREX Market With $210

The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market. Figures obtained from the CBN on Wednesday, October 3, 2018, indicate that authorized dealers in the wholesale segment...

October 2, 2018 No Responses

UBA Photo News

Ugo Nwagodoh (right), Group Chief Finance Officer, UBA Plc, receiving an award to recognize the group’s diversification efforts across the African continent, from Mr. Akin Akeredolu-Ale, Chief Executive of the Lagos Commodities & Futures Exchange Limited...

September 24, 2018 No Responses

Heritage Bank Wins Three Agric, SME Awards

Heritage Bank Plc has been adjudged “Best SME Bank Nigeria 2018” by Capital Finance International (CFI.co) and “Agriculture Bank of the Year 2018” by the Nigeria Agriculture Awards (MAA). Also, the bank was awarded the Best CIBN Chapter of the...

September 22, 2018 No Responses

CBN Revokes Skye Bank’s licence

The Central Bank of Nigeria (CBN) has revoked the operating licence of Skye Bank Plc. However, depositors’ funds, according to the apex Bank remain safe. Governor of the CBN, Godwin Emefile, broke the news on Friday at a press...

September 20, 2018 No Responses

Heritage Bank At IAPH Conference, Pledges Support For Maritime Sector

The maritime sector through Nigerian Port Authority (NPA) is set to get improved infrastructural boost as Heritage Bank Plc revealed plans to provide financing for building critical maritime infrastructures and other aspects of transport sector projects once p...

September 17, 2018 No Responses

BoI, Exim Bank Seal $500m MoU

A $500 million financing support agreement has been signed by the Bank of Industry (BoI), the Development Finance Institution (DFI) and the Export-Import Bank of China (CEXIM). According to BoI’s Managing Director/Chief Executive Officer Olukayode Pitan, t...

September 12, 2018 No Responses

Heritage Bank MD Implores Commercial Banks On SMEs Growth, Vibrant Economy

The MD/CEO of Heritage Bank Plc, Mr. Ifie Sekibo on Tuesday tasked commercial banks to intervene in building a formidable economy driven on the wheel of Small and Medium Scale Enterprises (SMEs) because there is lots of value and opportunities...

September 8, 2018 No Responses

Panel To Recover $7b Bailout Funds From Commercial Banks

The Special Presidential Panel for the Recovery of Public Property is to recover the seven billion dollars bailout fund granted commercial banks between 2006 and 2008. The panel Chairman, Mr Okoi Obono-Obla, said in Abuja on Friday that the banks...

September 4, 2018 No Responses

UBA’s Leo launched on WhatsApp

Pan-African Financial Institution, United Bank for Africa (UBA) has announced the commencement of its chat bank ‘Leo’ on the WhatsApp platform. With Leo on WhatsApp, customers who are users and lovers of the app can now can perform basic banking...

September 1, 2018 No Responses

UBA Appoints Four New Directors

The Board of Directors, United Bank for Africa (UBA) has announced the appointment of four new members to its board, subject to the approval of the Central Bank of Nigeria(CBN). The new board members are Mrs. Erelu Angela Adebayo, Ms....

August 29, 2018 No Responses

80 Customers To Become Millionaires In UBA Wise Savers Promo

In line with its tradition of deepening the savings culture by rewarding and encouraging its loyal customers, UBA has launched a new savings promo, UBA Wise Savers Promo. The promo which is scheduled to run till September 30, 2019, will...

August 28, 2018 No Responses

Diamond Bank Unveils Scholarship Scheme For Customers

Diamond Bank Plc has announced plans to reward holders of its youth banking accounts with scholarships worth N3million. Titled, the Diamond Future and Cool-Teens Scholarship offer, the campaign is targeted at parents with children in pre-school, primary and...

August 26, 2018 No Responses

Ecobank Adopts ‘President Macron’s Artist’

Ecobank Nigeria has adopted popular child artist, Kareem Waris. Already, the bank has signed an agreement with Waris’ parents for educational support/grant and upkeep allowance spanning 20 years. Waris Olamilekan Kareem, is the 11-year-old artist who sk...

August 21, 2018 No Responses

1,000 Entrepreneurs Storm Heritage Bank’s Next Titans Audition

The Lagos audition of the Heritage Bank Plc’s entrepreneurial reality TV show, popularly called the Next Titan, was held with no fewer than 1000 contestants in attendance. The enthusiastic contestants trooped to Excellence Hotel, Ogba, venue of the auditio...