Banking – Page 28 – City Business News

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 national award ceremony. Adeduntan said that...

October 24, 2019 No Responses

Zenith Bank Declares N150.72b Profit In Q3

Zenith International Bank Plc on Wednesday reported a profit after tax of N150.72 billion for nine months ended Sept. 30, 2019. The profit represented a growth of five per cent when compared to N144.18 billion achieved in the corresponding period...

October 17, 2019 No Responses

Photo News

Left to Right: Acting Director General Securities and Exchange commission, SEC, Ms. Mary Uduk and Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed at the on-going World Bank/International Monetary Fund Meeting in Washington DC, Thursday.

October 15, 2019 No Responses

Court Freezes 45 Bank Accounts

A Federal High Court on Monday in Abuja ordered the temporary freezing of 45 bank accounts belonging to three companies allegedly involved in smuggling of rice into Nigeria. The companies whose accounts were domiciled with ten commercial banks in Nigeria...

October 12, 2019 No Responses

Fidelity Bank Canvasses Better Data Sharing In Retail Growth

The Executive Director, Operations and Information, Fidelity Bank Plc, Gbolahan Joshua has advised data validation agencies and organisations to adopt appropriate policies that provide financial institutions with the required flexibility to utilise available c...

October 11, 2019 No Responses

UBA Celebrates 2019 Customers’ Forum In Lagos

United Bank for Africa(UBA) has reiterated its commitment to surpass the expectations of its customers through the provision of products and services that meet their needs. The Bank made this promise at a special Customer Forum to mark the 2019...

October 9, 2019 No Responses

Ecobank Photo News

Managing Director, Ecobank Nigeria, Patrick Akinwuntan attending to a customer at Area 7, Garki branch, Abuja in commemoration of Customer Service Week

October 8, 2019 No Responses

Ecobank Displays Financial Products At 25th Nigeria Economic Summit

Ecobank Nigeria has put on display some of its cutting edge financial products at the ongoing 25th Nigerian Economic Summit in Abuja.Among products on display are its ubiquitous payment solution, the EcobankPAy ; the Ecobank Omni, the Rapid Transfer and...

October 5, 2019 No Responses

Access Bank To Reward 30 DiamondXtra Customers Daily

In commemoration of Nigeria’s 59 years’ independence anniversary, Nigeria’s leading retail bank, Access Bank Plc has unveiled a cash incentive campaign tagged “DiamondXtra Independence Splash” to reward over 30 DiamondXtra customers daily with cash p...

October 4, 2019 No Responses

Fidelity Bank Unveils GAIM Season 4

Fidelity Bank Plc on Thursday announced the introduction of a new savings campaign in Lagos, as part of concerted efforts to promote the culture of savings amongst Nigerians. The Savings campaign which will ride primarily on digital technologies is one...

October 1, 2019 No Responses

Photo News

L-R: Executive Director, Operations and Information, Fidelity Bank Plc, Gbolahan Joshua; Chief Executive Officer, Verve International, Mike Ogbalu III; Chief Operations Officer, Interswitch, Oremeyi Akah; Group Managing Director/ Chief Executive Officer, Inter...

September 26, 2019 No Responses

New IMF MD Unveils Agenda

The Board of International Monetary Fund (IMF) on Wednesday selected Kristalina Georgieva to succeed Christine Lagarde. In her statement shortly after she was announced as the 12th Chief Executive since the Fund’s inception in 1944, Ms Georgieva said her imm...

September 18, 2019 No Responses

Nigeria Imposes Additional Charges On Bank Accounts

With effect from Wednesday, September 18, 2019, cash deposits and withdrawals from individual bank accounts are to attract addition charges, the Central Bank of Nigeria said on Tuesday. In a circular to all deposit money bank (DMBs), the Director, Paymen...

September 17, 2019 No Responses

EcobankPay Platform Records N2b Transactions

Ecobank Nigeria says over 100,000 merchants have been onboarded on the EcobankPay platform with transaction value reaching N2billion. According to the Bank, the platform offers customers a multi-channel payment experience that includes Mobile QR Payment ...