Banking Archives — Page 28 of 58

May 22, 2019 No Responses

CBN To Restrict Banks Access To Bonds, Treasury Bills

The Central Bank of Nigeria (CBN) is to restrict Banks access to government securities. Speaking at the end of the Monetary Policy Committee (MPC) meeting in Abuja, the CBN Governor, Godwin Emefiele explained that MPC also directed CBN to initiate...

May 8, 2019 No Responses

MSMEs: AfDB, Fidelity Bank Seal $15.35b MoU

The African Development Bank (AfDB) has extended a $50 million (about N15.35 billion) facility to Fidelity Bank Plc for the growth of Micro Small and Medium Enterprises (MSMEs). The facility is designed to boost the bank’s capacity to promote the...

April 24, 2019 No Responses

CBN Records N718.0b, $1.1b From NCR In 2018

The Central Bank of Nigeria (CBN) has said that it recorded a huge leap in the value of financing statements under the National Collateral Registry (NCR) in the last five years from N487 billion and $20 million in 2017 to...

April 17, 2019 No Responses

Ecobank, Terrakulture Seal Partnership

EcobankPay, the lifestyle digital payment and collections service of Ecobank Nigeria has entered into partnership with TerraKulture, Nigeria’s foremost stage play and cultural show promoters with Bolanle-Austen Peters as lead. Through this partnership,...

March 25, 2019 No Responses

UBA Hinges Future Performance On Cost Efficiency

United Bank for Africa (UBA) Plc has assured its local and international investors that it’s prudent focus on improved asset quality as well as the continuous adoption of strict cost efficient measures will help the bank achieve its objectives and...

March 24, 2019 No Responses

UBA’s Olusola Among Top 100 Most Inspiring Women In Nigeria

Group Head (Marketing) for United Bank for Africa (UBA), Dupe Olushola has been listed among 100 most inspiring women in Nigeria, 2019. For the 5th consecutive time, the list features 100 Nigerian women drawn from a diverse range of background and.....

March 24, 2019 No Responses

Ecobank Wins CBN/NIBSS Award For Data Integrity

Ecobank has been named winner of Electronic Data Rendition and Integrity award in the Platform Efficiency award category at the 4th Electronic Payments Incentive Scheme Efficiency awards organised jointly by CBN/NIBSS in Lagos on Friday. A statemen...

March 15, 2019 No Responses

First Bank: 125km Relay Walk Is A Mark Of Our Journey, Impeccable Services

Come Saturday, March 16, 2019, First Bank of Nigeria Limited and other corporate entities in the FBNHoldings group would collectively have a 125km Relay Walk to celebrate the Bank’s 125 years of unbroken business operations in commemoration of it...

March 11, 2019 No Responses

Heritage Bank Photo News

L-R: Afolasade Alonge, Divisional Head, Corporate & Specialised Banking, Heritage Bank Plc; Osepiribo Ben-Willie, Head, South South & South East Directorate; Jude Monye, Executive Director and Oluwatomi Ojo, Company Secretary/Legal Adviser, during the ...

March 9, 2019 No Responses

Ecobank Nigeria Unveils Special Initiative For Female Entrepreneurs

As part of activities to mark the 2019 International Women’s Day, Ecobank Nigeria has unveiled special initiative for female entrepreneurs. The Ecobank Female Entrepreneurs Initiative is a platform designed to recognise women as special and uniqu...

March 7, 2019 No Responses

Nigeria Projects Microfinance Banks For 774 Councils

Nigeria is to establish Microfinance Bank (MfBs) in all the 774 local government areas of the country. Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, disclosed the development on Wednesday in Abuja while on a facility tour...

March 2, 2019 No Responses

UBA Begins Operations In UK

Barely three weeks after United Bank for Africa (UBA) group launched its operations in Mali, the foremost financial institution has commenced business activities in the United Kingdom. At the upscale ceremony which held on Thursday, February 28, 2019...

March 2, 2019 No Responses

First Bank Marks 125 Anniversary, Renews Commitment To Service Delivery

First Bank of Nigeria Limited on Friday said it would remain committed to the development and growth of Nigeria as well as the financial industry through enhanced service delivery. Adesola Adeduntan, the bank’s Chief Executive Officer, stated this at its...

February 14, 2019 No Responses

Google, UBA Collaborate To Provide Free Wi-Fi To Customers

United Bank for Africa (UBA) Plc has collaborated with Google and ISP partner to launch Google Station in 11 key UBA branches in Lagos State as part of plans to roll out 200 stations in the country. Google Station, a...