Banking Archives — Page 30 of 59

December 24, 2018 No Responses

Ecobank Nigeria Promotes 1,000 Staff

The Management of Ecobank Nigeria Limited has announced the promotion of about 1,000 top performing staff. This latest promotion exercise is in line with its commitment to recognize and reward excellent performance amongst its staff. The promoted staff cut across all...

December 19, 2018 No Responses

Heritage Bank Photo News

Timi Alaibe, Non-Executive Director, Heritage Bank Plc; Oladapo Daniel Oyebanjo (D’banji); Rita Dominic; Ifie Sekibo, MD/CEO, Heritage Bank and immediate past president of African Export-Import Bank (Afreximbank) Jean-Louis Ekra, at the first African Exp...

December 18, 2018 No Responses

SEC Awaits Access Bank, Diamond Bank Merger Application

The Securities and Exchange Commission (SEC) has been notified of the proposed merger between Access Bank Plc and Diamond Bank Plc. Confirming the development on Monday, SEC explained that the agency was aware of the intention of Access Bank and...

December 11, 2018 No Responses

Heritage Bank Photo News

L-R: CEO of David Wej, Adedayo David Eweje; Divisional Head, Corporate Communications, Heritage Bank, Fela Ibidapo; Divisional Head, Commercial Banking, Osepiribo Ben-Willie; Winner of 42nd Miss Nigeria 2018 Chidinma Aaron; Divisional Head, Strategy and Corpor...

December 9, 2018 No Responses

National Microfinance Bank Takes off Next Month With N5b Capital Base

Barring last minute adjustment, National Microfinance Bank will begin operations in January 2019 as part of measure to ensure more credits flow to the grassroots. According to the Governor, Central Bank of Nigeria (CBN), Godwin Emefiel...

December 4, 2018 No Responses

AfDB Approves $200m For Nigeria’s power sector

The Federal Government has secured a loan of $200 million to fund its electrification project. The African Development Bank (AfDB) Group on Monday said it provided $150 million for the project. The balance of $50 million was issued from the...

November 28, 2018 No Responses

CBN Injects $210 Million In Wholesale Segment, Others

The Nigerian Apex Bank, the Central Bank of Nigeria (CBN) on Tuesday said it injected the sum of $100 million to dealers in the wholesale segment of the foreign exchange market. The CBN also made interventions of $55 million each...

November 27, 2018 No Responses

Heritage Bank Boss Seeks Sustained Human Capital Development In Financial Institutions

The MD/CEO of Heritage Bank Plc, Ifie Sekibo has emphasized the importance for human capacity development amongst staff of financial institutions for improved operations.The MD who stated this at a 3-day yearly Internal Control and Audit Conference organised b...

November 22, 2018 No Responses

12 Finalists Selected In UBA Foundation National Essay Competition

UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has announced the twelve finalists for the 2018 edition of its annual National Essay Competition. The 12 finalists will sit for the second round of...

November 13, 2018 No Responses

Heritage Bank Canvasses Increased Support For Agriculture

Heritage Bank Plc has called on government at all levels and deposit money banks to increase supports in agriculture, as it is the most resilient and important sector of Nigerian economy, despite underwhelming investment in the sector. The Executive Director.....

November 8, 2018 No Responses

First Bank Photo News

Mrs. Folake Ani-Mumuney, Group Head, Marketing & Corporate Communications, FirstBank; Prof. A. I. Olayinka, Vice Chancellor, University of Ibadan; Dr. Adesola Adeduntan, MD/CEO, FirstBank; Prof. Olanike Adeyemo, Deputy Vice Chancellor, University of Ibadan...

November 5, 2018 No Responses

TSA Cost Gulps N16b In Two Years

The Nigeria Government has spent N16 billion on Treasury Single Account (TSA) transaction costs in two years, Accountant-General of the Federation (AGF) Ahmed Idris has said. He said the government would no longer bear the service charge on all payments...

November 2, 2018 No Responses

CBN Unveils Guidelines For Payment Service Banks

As part of measures to promote a sound financial system and enhance access to financial services for low income earners and unbanked segments, the Central Bank of Nigeria (CBN) on Thursday unveiled operational guidelines for Payment Service Banks (PSBs). T...

October 23, 2018 No Responses

Access Bank Declares N375b Earnings, N62.9b Profit In Q3

Access Bank Plc has announced top line earnings of ₦375.2 billion for the nine months ended 30 September 2018, up 3% from N365.1 billion recorded during the corresponding period in 2017. The Bank’s Profit after Tax (PAT) increased 12% to...