BANKING

Read latest banking news in Nigeria and be well informed about latest bank news in Nigeria.

GTBank-Ogun State Principals Cup (Season 5) Semi Finals June 2017

Students and football lovers in Ogun State defied the torrential rainfall as they trouped out enmass for the semi-final fixtures of the GTBank Ogun State Principals Cup at the MKO Abiola Stadium, Abeokuta on...

FCMB Creates Banking Platform for Youths

First City Monument Bank (FCMB) has opened a Flexx Hub at the University of Benin (UNIBEN) in Edo state. The Hub is a mini branch where basic banking transactions can be carried out, while...

Bob Diamond’s Africa Bank Ups Stake in Union Bank of Nigeria

Atlas Mara Ltd, the African investment vehicle of former Barclays boss Bob Diamond, said on Wednesday that it plans to raise $200 million to increase its stake in Union Bank of Nigeria and to...

$1.2bn Loan: FG, Banks Disagree On Take Over Of Etisalat

A consortium of local and foreign banks has taken over the management of Etisalat Nigeria after debt restructuring talks with the banks failed. But the Federal Government has disagreed with the take-over citing the Nigerian...

Access Bank, 9 others takes over Etisalat Nigeria

Some banks have now taken over the management of telecommunication company, Etisalat Nigeria. The Banks, led by Access Bank PLC and other local and foreign banks have taken over the telecommunication company effective June 15. The...

Ecobank’s shareholders approve $400 million convertible bond issue to strengthen Group’s capital position

During the 29th Annual General Meeting and Extraordinary General Meeting, held in Lomé on 16 June 2017, shareholders of Ecobank Transnational Incorporated (‘ETI’), the parent company of the Ecobank Group (‘Ecobank’ or ‘the Group’),...
List Of Banks In Nigeria

Banks violation of CBN Policy on charges worry Customers

Banks violation of CBN rules on charges worry Customers ANGERED by a recent revelation that top ten banks in Nigeria collectively made N138 billion in 2016 from extra charges, which is 26 per cent up...

Economic crisis: W/African monetary zone moves to check banks failure

Following the economic crisis as well as recession facing Nigeria and other countries within the sub-region, the College of Supervisors of West African Monetary Zone (WAMZ) has moved to curtail banks failure in the...
Fidelity Bank Upbeat on Diaspora Remittances

Fidelity Bank, Empretec collaborate to train youths on entrepreneurship

Consistent with its commitment to build the next generation of sustainable Nigerian businesses, Fidelity Bank Plc, top Nigerian lender in strategic partnership with Empretec Nigerian Foundation has just concluded a graduate entrepreneurship training programme...

GTBank Launches GTPatriot, a Subsidized Banking Package for Nigeria’s Military and Paramilitary Personnel

 - GTBank Launches GTPatriot, a Subsidized Banking Package for Nigeria’s Military and Paramilitary Personnel Foremost financial institution, Guaranty Trust Bank plc, has launched GTPATRIOT, a unique Salary Account Package which offers Nigeria’s servicemen and servicewomen...

20 families win in Access Bank’s Family Fortune promo

Access Bank Plc has delighted 20 of its customers who were the first set to take part in the promo. These gifts include rechargeable fans, microwave ovens among others. The surprise gifts precedes the emergence...
Stanbic IBTC, Globe Motors unveil auto finance scheme

Stanbic IBTC Bank supports savings drive

The desire by Nigerians to get better returns on their savings received a boost with the launch of Max Yield Savings Account (MYSA) by Stanbic IBTC Bank, a member of Stanbic IBTC Holdings PLC. The...

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