Banking Archives — Page 32 of 55

March 28, 2018 No Responses

Banks Boost Financial Inclusion With 500,000 Agent Networks

In collaboration with the Central Bank of Nigeria (CBN), the licenced mobile money operators and the super agents, Commercial banks in Nigeria on Tuesday disclosed plan to roll-out 500,000 agent networks. According to the Banks, the development is designed to...

March 28, 2018 No Responses

UBA London Subsidiary Gets Regulatory Approval

Foremost financial institution, United Bank for Africa (UBA Plc) on Tuesday announced that its London subsidiary has obtained regulatory permission to carry out wholesale banking services in the United Kingdom. The approval licence was granted to the lender ...

March 28, 2018 No Responses

Wema Bank Secures $35m From AfDB To Fund SMEs

Wema Bank Plc. has signed a Line of Credit Agreement with the African Development Bank (AfDB) to grow financial support to small and medium scale businesses in Nigeria. In a statement, the Bank explained that AfDB has already disbursed...

March 27, 2018 No Responses

Heritage Bank empowers 5, 544 pupils, Teachers on financial literacy

As part of efforts to support the Central Bank of Nigeria’s Financial Literacy Day, which marks the Global Money Week, Heritage Bank Plc empowered 5, 544 (pupils and teachers) in 11 secondary schools across the country. The CBN’s Financial Literacy...

March 25, 2018 No Responses

Diamond Bank Photo News

L – R : SamueL Omotayo, Principal, ECWA Government Secondary School, Ilorin; Babasola Elsie Dupe, Principal, ECWA Junior Secondary School, Ilorin; Chizoma Okoli, Executive Director, Diamond Bank Plc; and Rev. Dr. Okanlawon, ECWA Church Representative at the ...

March 21, 2018 one Response

Octopus: Heritage Bank Attains ISO 27001 Information Security Management Certification

Heritage Bank Plc has achieved the Information Security Management Certification from International Standards Organisation (ISO). This certification also known as the ISO 27001: 2013 is part of the ISO 27000 family of standards which helps organisations keep...

March 16, 2018 No Responses

Industrial Park: NEXIM Bank offers Edo N553b Funding Window

The Nigerian Export-Import (NEXIM) Bank has thrown its weight behind the Benin Industrial Park project with three funding windows running into N553 billion and building of local capacity to meet export standards. The management of NEXIM bank led by its...

March 16, 2018 No Responses

Diamond Bank Unveils Game-enabled Digital Savings Platform

Foremost financial institution, Diamond Bank Plc, has raised higher the bar in the delivery of unique financial services that suits customers changing lifestyles and needs. In partnership with Women’s World Banking with support from Financial Sector Deepenin...

March 16, 2018 No Responses

Keystone Bank Partners NIPOST, Commissions Agency Banking

Keystone Bank Limited has launched ‘KeyServ’ (An Agency Banking Proposition)to serve customers outside its conventional brick & Mortar mode of banking. The initiative in partnership with Nigerian Postal Service (NIPOST) and i-OneC (A FinTech Firm) i...

March 14, 2018 No Responses

Investors Stake N2.2B On Zenith Bank Shares

Transactions on the floor of Nigerian Stock Exchange (NSE) on Tuesday closed on a positive note as market capitalization capitalisation increased by N6 billion or 0.04 per cent to close at N15.408 trillion compared with the N15.402 trillion recorded on...

March 12, 2018 No Responses

Diamond Bank Intensifies Awareness Drive on Endometriosis

By Citybusinessnews@yahoo.com Foremost financial institution, Diamond Bank Plc has intensified its awareness drive on endometriosis. Endometriosis is a widespread uncomfortable disease affecting tens of thousands of girls and women in Nigeria and a sweeping la...

March 10, 2018 No Responses

Diamond Bank Partners EDC on Women Empowerment

As part of measures to mark the 2018 International Women’s day, Diamond Bank partnered Enterprise Development Center (EDC) of the Pan Atlantic University, Lagos. The Bank also lend its voice to call for more women in the society to...

March 2, 2018 No Responses

China Development Bank, UBA Sign Letter of Intent for $100m Loan Deal To Support SMEs In Africa

United Bank for Africa (UBA) Plc has announced the signing of a letter of intent for $100 million to finance the development of Small and Medium Enterprises (SMEs) in Africa. According to the financial institution, the $100 million loan will...

March 1, 2018 No Responses

First Bank Photo News

Dr. Adesola Adeduntan, MD/CEO, First Bank of Nigeria Limited (middle) receiving the African Banker of the Year Award from Dr. Joseph Beasley, Chairman, African Leadership Advisory Board (2nd right) with Her Excellency, Mrs. Lalao Ravalomanana, Mayor of Antan...