Access Bank shuns M&A in Ghana growth strategy

Nigeria’s Access Bank plans to pursue organic growth in Ghana rather than mergers or acquisitions after the central bank raised the minimum capital requirement...

Model sue Wema Bank, claiming ₦75m for ‘infringement of intellectual property’

An American-based Nigerian model, Nneoma Anosike, has sued Wema Bank plc at a Federal High Court in Lagos for alleged infringement of her intellectual...

Finance minister accuse banks of still holding TSA money

Finance Minister, Mrs Kemi Adeosun has accused some Deposit Money Banks (DMBs) of sitting on funds which they ought to have remitted to the...

Fidelity Bank takes 5 pct impairment charge on 9mobile loan

Nigeria’s Fidelity Bank has taken a 5 percent impairment charge on a ₦17.3 billion ($55 million) loan to Etisalat Nigeria, now called 9mobile, Fidelity...

BVN: Presidential aide, Abike Dabiri plead more time for Nigerians in...

The Senior Special Assistant to the President on Foreign Affairs and Diaspora, Abike Dabiri-Erewa, has said more time should be given to Nigerians in...

FCMB, FCAM get recognized as “Most Improved Retail Bank”

The FCMB Group has got new recognition in the banking space as the group steps up efforts to boost its services. Two of its subsidiaries,...

Fidelity Bank grows profit to ₦16.2 billion in Q3

Leading Nigerian lender, Fidelity Bank Plc, has posted another impressive financial performance for the nine months period ended September 30, 2017. The bank said its...

Skye Bank’s business school gets full CIBN’s accreditation

Skye Business School has been awarded full accreditation status as a full-fledged banking/finance, business and continuous human capital training academy by the Chartered Institute...

14 Nigerian banks record 91.8 pct increase in impairment charges: Afrinvest...

The 2017 edition of the annual Nigerian Banking Sector Report by Afrinvest (West Africa) Limited has shown that a total of 14 banks recorded...

LAPO MfB pay out ₦89.6 billion as loan in 8-months

LAPO Microfinance Bank, a subsidiary of the Lift Above Poverty Organisation (LAPO), has disbursed ₦89.6 billion as loan from January to August 2017 via...

FG to take over accounts without BVN in 2-weeks, court grant

Thousands of customers who own an account with the Nigeria commercial banks without a Biometric Verification Number (BVN) tied to it are likely to...

Fidelity Bank wins ‘Best Bank in Mobile Money Services’

Fidelity Bank Plc has announced its emergence as the ‘Most Improved in Corporate/Investment Banking’ and ‘Best Bank in Mobile Money Services’. The lender said in...

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