Heritage Bank agent outlets grows to 400, moves to Badagry

Heritage Bank Plc has cashed in on the alarming number of market women, artisans and underserved population who are unbanked, to deepen its retail...

GTBank introduces GTPatriot package for service men/women, paramilitary personnel

Guaranty Trust Bank plc, has launched GTPATRIOT, a unique Salary Account Package which offers Nigeria’s servicemen and servicewomen subsidized banking products and dedicated value...

Bank customers opinion on ₦138 billion alerts, withdrawal charges

The top 10 banks earned ₦138 billion from charges on electronic payment transactions. This represented 26 per cent increase from the ₦109.1 billion earned...

FBN Holdings to cut its NPL to 20 pct or less...

FBN Holdings Plc has disclosed it plans to reduce its non-performing loans (NPL) to less than 20 per cent before the year ends.According to...

Banks will soon resume dollar loans as naira appreciates

Indications have emerged that Deposit Money Banks will soon start to raise dollar-denominated loans, especially Eurobonds, as the naira continues to appreciate.It was learnt...

ALAT: Technology changing face of banking system

Technology is changing the way banking is done, with lenders becoming more technology savvy to meet customers’ needs, Wema Bank Executive Director of Retail...

Stanbic IBTC Bank savings edge up with MYSA

The desire by Nigerians to get better returns on their savings received a boost with the launch of Max Yield Savings Account (MYSA) by...

Access Bank rewards 20 families with prizes in Family Fortune...

As part of its commitment to reward participants with exciting prizes in its ongoing ‘Family Fortune Promo’, Access Bank Plc has given 20 of...

UBA raised $500 million through Eurobond

The United Bank for Africa Plc on Monday said it had raised $500m through a debut Eurobond, which was oversubscribed by 240 per cent.“The...

Stanbic IBTC interests in ‘real estate sector’ boosts investors of REIT

Investors in Real Estate Investment Trust, REIT, have received a boost as Stanbic IBTC Holdings Plc has indicated its preparedness to support individuals and...

CBN establishes food security programme

In line with its developmental mandate, the Central Bank of Nigeria (CBN) initiated a Food Security Programme in November 2016 on a Public Private...

Senate alleged CBN spent ₦1.23 trillion intervention fund illegally

Senate yesterday took steps to curb alleged recklessness of the Central Bank of Nigeria (CBN) on use of intervention funds.The upper chamber frowned at...

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