NEXIM Bank To Colaborate With Crown Agents Capacity Building Framework
The Managing Director/CEO of Nigerian Export Import Bank (NEXIM), Mr. Roberts Orya, has met with the top management team of The Crown Agents led by its Chief Executive, Mr. Terence Jagger, at the...
View Article65% Of Nigerians Have No Access To Financial Institutions - CBN
More than 65 per cent of Nigerians do not have access to the services of financial institutions, Mr Ugochukwu Okoafor, Central Bank of Nigeria’s Head of Corporate Affairs Department, says.Okoafor...
View ArticleThe Future Is Bright For MFB’s In Nigeria – Agbesoyin
Mr. Eniola Agbesoyin, an alumnus of Lagos Business School is the Managing Director of a thriving Microfinance Bank in the country. He is one that has seen it all in the line of business. In this...
View ArticleHeritage Bank Promises Growth Package Through SMEs
Heritage Bank which metamorphosed from the defunct Societe Generale Bank of Ngeria Plc has declared that its business plans would focus emphasis on the provision of industry specific solutions that...
View ArticleEnterprise Bank Dazzles Customers With Mastercard Prepaid
Enterprise Bank customers now enjoy additional convenience with the introduction of a dual purpose Enterprise Bank MasterCard Prepaid that is used locally and internationally. The new addition is a...
View ArticleGrowing Profitability Through Sustainable Banking
Come September this year, all banks in Nigeria are expected to have complied with the Nigerian Sustainable Banking Principles (NSBP) which is focused on developing the working environment of the banks...
View ArticleBe Hard On Bank Fraudsters, NDIC Urges Judges
The Nigeria Deposit Insurance Corporation (NDIC) on Monday urged judges of the Federal High Court to be `hard on Bank fraudsters', so as to restore depositors' confidence.Alhaji Umaru Ibrahim, the...
View ArticleCashless: US, China, Japan, Others To Accept Verve Card
The cashless policy of the Central Bank of Nigeria [CBN] is now bullish with the acceptance of Verve Card, Nigeria’s leading payment card in several countries in Europe, America and Asia as Discover...
View ArticleWhy Microfinance Banks Failed In Their Role As Economic Developers
While microfinance banks were established to grow the economy from the lower rung of the ladder, their performances in recent times are indicative of failure to support the unbanked sector and the...
View ArticleUBA Listed In FTSE ASEA Pan African Index
United Bank for Africa (UBA) Plc has been selected as one of the few securities from 19 African Stock Exchanges included in the FTSE African Securities Exchanges Association (ASEA) Pan African Index....
View ArticleUBA Appoints Key Senior Level Mgt For Nigeria, Africa Operations
United Bank for Africa, a leading financial services institution in Africa, has announced some key senior level appointments to strengthen some areas of its operations.According to a statement released...
View ArticleMargin Loan: SEC Suspends Ecobank From Capital Market
Nigeria’s stock market regulator said it has suspended Ecobank from all capital market activities because of irregularities surrounding a loan.The Securities and Exchange Commission (SEC) said an...
View ArticleFirst Bank Leads In Customer Services – NOI Polls
Latest weekly poll results released by NOI Polls have revealed that the majority of banking Nigerians (61 per cent) agree that Nigerian Banks are exploiting their customers through hidden bank charges....
View ArticleEcobank Partners World Economic Forum, Co-Host CEOs Brainstorming Session
Ecobank and the World Economic Forum on Africa, 2013 has partnered to co-host a CEOs Brainstorming session in Lagos, Nigeria. The event graced by captains of industry and the Nigerian Economic Submit...
View ArticleHASAL MFB Offers Rice Farmers N6m Asset-financing Support
HASAL Microfinance Limited, one of the leading microfinance institutions at the forefront of the financial inclusion strategy drive in the country, has provided about N6 million financing support to a...
View ArticleCashless: CBN Cheque Truncation System Goes Live In Lagos, Abuja
As part of ongoing efforts by the Central Bank of Nigeria (CBN) to shorten the settlement cycle of a cheque to one day, the apex bank has worked with Nigeria Inter-Bank Settlement Systems (NIBSS) and...
View ArticleEcobank Rewards Customers For Use Of Rapid Transfer Service
As Christian faithful prepare to mark Easter celebrations, Ecobank has asked customers and non-customers of the bank to take advantage of its Rapid Transfer product to ensure ease of money transfer...
View ArticleAgain, CBN Extends PMIs’ Recapitalisation Deadline To December
Indications have emerged that the Central Bank of Nigeria (CBN) have yet again extended the recapitalisation deadline for Primary Mortgage Institutions (PMIs) to allow the companies more time to...
View ArticleBRICS To Establish Bank To Rival IMF, World Bank
Brazil, Russia, India, China and South Africa known as BRICS are set to approve the establishment of a developmental bank that will rival the World Bank and the International Monetary Fund (IMF) at...
View ArticleNEXIM Wants Entertainment Industry Guarantee Fund
The Managing Director, Nigeria Import-Export Bank, (NEXIM), Mr. Roberts Orya, has said that in order to further strengthen and deepen the entertainment industry, there was need for the establishment...
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