Overnight interbank rate was quoted at a record high of 150 per cent on Tuesday, two days after commercial banks placed funds with the Central Bank of Nigeria (CBN) to...
Bank customers who do not earn foreign exchange (forex) will henceforth not be able to secure dollar-denominated loans, the Central Bank of Nigeria (CBN) has said. CBN Director, Banking Supervision,...
In furtherance of its quest to improve the wellbeing of communities where it does business, Fidelity Bank Plc, in partnership with Gazelle Academy and Waziri Umaru Federal Polytechnic, Birnin Kebbi...
Access Bank Ghana, a subsidiary of Access Bank of Nigeria, launched an initial public share offer on Monday aimed at raising at least 104 million cedis ($26 million). The Nigerian...
The concept of Corporate Social Responsibility (CSR) developed alongside the emergence of corporations more than a century ago and is now practiced by most companies and institutions around world. While...
In demonstration of its vision to partner with the critical sector of the Nigerian economy, Zenith Bank Plc, over the weekend, donated an ultra-modern ICT Centre to Nigeria’s premier university,...
Wema Bank has provided N221 million financial assistance to Lagos State Government to deliver world class archival service to transform record management in the state high courts. The bank’s Managing...
The bankers’ committee has assured the Central Bank of Nigeria (CBN) that it would halt any plans of mass retrenchment within the Nigerian banking industry. This was disclosed by ‘Tokunbo...
Union Bank Plc has launched the Union-Future account at its ASPAMDA branch. Union-Future is an account which provides a simple savings plan for customers who are not under a formal...
Fidelity Bank Plc has rewarded its savings account customers with gifts and cash prizes worth millions of naira. The winners emerged from the lender’s first draw in its ongoing Get...