Nigeria Bank Archives — Page 7 of 8

March 6, 2021 No Responses

FirstBank Unveils First Global Transfer To Ease Cross-Border Payments

First Bank of Nigeria Ltd has unveiled First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. FirstBank Chief Executive Officer, Dr Adesola Adeduntan, disclosed this in a statement on Friday. Adeduntan explained that...

February 10, 2021 No Responses

Polaris Bank Rewards First Millionaire, Others In ‘Save & Win’ Promo

Mr Lucky Okunzuwa, a customer with the Polaris Bank, Akpakpava branch, Benin, Edo State, has emerged as the first millionaire at the maiden draw of the bank’s ongoing nationwide Save & Win promo. The bank in a statement on Tuesday...

January 31, 2021 No Responses

FBN Holdings Announces New Board Members

FBN Holdings Plc has announced the appointments of Mr Seni Adetu and Mrs Juliet Anammah as Independent Non-Executive Directors. The company also appointed Mr Otu Hughes as a Non-Executive Director. In a statement, Group Chairman of FBN Holdings, Dr...

January 30, 2021 No Responses

Fidelity Bank Restates Support To MSMEs

Fidelity Bank Plc has reaffirmed its commitment to enhancing the productivity and prosperity of Micro Small and Medium Enterprises (MSMEs) in the country by providing capacity building and advisory services, innovative funding options and other forms of releva...

January 29, 2021 No Responses

Fitch Rating: Ecobank Nigeria Has Stable Outlook, Quality Management

Fitch Ratings has assigned Ecobank Nigeria Limited (ENG) a Long-Term Issuer Default Rating (IDR) of ‘B-‘ with a Stable Outlook, Viability Rating (VR) of ‘b-‘ and National Long-Term Rating of ‘BBB (nga)’. The report, re...

January 28, 2021 No Responses

Ecobank Pledges To Boost MSMEs Lending With N50b Bilateral Subordinated Loan

Ecobank Nigeria newly sourced N50 billion credit will be deployed to support Micro, Small and medium scale enterprises (MSMEs) and small corporates in the country, Managing Director, Patrick Akinwuntan has said. He pointed out that the bank recognizes MS...

January 20, 2021 No Responses

UBA’s LEO: Celebrating three Years of Revolutionised Banking Services

Technology has been a veritable gift to mankind, and over the years, it has been responsible for creating amazingly useful resources which put all the information individuals need at their fingertips. The development of technology has also led to so...

January 15, 2021 No Responses

First Bank Unveils Innovative, Convenient Virtual Payment Card

First of Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be linked to ei...

January 9, 2021 No Responses

Ecobank Nigeria Launches Radio programme for SMEs

Ecobank Nigeria has launched a radio programme – “Ecobank Business Hour” targeted at empowering small and medium enterprises (SMEs) in the country. Emeka Agada, Head, SME, Ecobank Nigeria, explained that the programme which is being syndicated acro...

December 26, 2020 No Responses

CBN Revokes Licenses Of Seven Payment Service Providers

The Central Bank of Nigeria (CBN) has revoked the licenses of seven Payment Service Providers (PSPs) and one switch service provider, who were unable to meet up with their statutory obligations. An official Gazette, obtained from CBN’s official website...

December 23, 2020 No Responses

Access Bank unveils ‘Closa Agents’ To Strengthen Financial Inclusion

Access Bank Plc has empowered and inaugurated more than 50,000 agents to provide financial services to customers across the country during the Yuletide. Access Bank’s Senior Banking Advisor, Mr Robert Giles, made the discosure in a statement on Tuesday...

December 17, 2020 No Responses

Access Bank Unveils Digital Platform For SMEs

Access Bank Plc on Wednesday unveiled the first payment acceptable service in the banking industry for Micro, Small and Medium Enterprises (MSMEs) to participate actively in the digital space. Mrs Ayodele Olojede, the bank’s Group Head Emerging Bu...

December 14, 2020 No Responses

FirstBank Harps On Financial Inclusion, Joins SME Finance Forum

First Bank has canvassed more efforts to promote financial inclusion for Small and Medium Enterprises (SME) as part of measures to grow the economy despite the ravaging effects of COVID-19. Meanwhile, the Bank has anno...

December 11, 2020 No Responses

Ecobank MD, Others List Opportunities In Digital Financial Inclusion

Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the biggest growth opportunities in digital financial inclusion lies in the ability to combine the mobile phone, cards and agency banking services in the most cost effective and convenient way to ...