BANKING

President Muhammadu Buhari has approved the appointment of Mr. Abubakar Bello as the new Managing Director of the Nigeria Export-Import Bank (NEXIM). The Director of Press in the Office of...

Following the implementation of risk management framework, Capital Adequacy Ratio  (CAR) of Access Bank Plc currently stands at 21 per cent, even as liquidity ratio hits 43 per cent. The...

The Central Bank of Nigeria (CBN) has approved the appointment of Mr. Roosevelt Ogbonna as the new Group Deputy Managing Director of Access Bank Plc. He replaces Mr. Obinna Nwosu...

The Chartered Institute of Bankers of Nigeria (CIBN) is set to host all banking institutes, including over 1000 banking and finance professionals in the world, at the 22nd edition of...

Ecobank Transna-tional Incorporate (ETI) Plc, Ecobank Group’s holding company, recorded a net loss of N52.6 billion in 2016 following a voluntary decision of the financial group to adopt full impairment...

First Bank of Nigeria Limited has been on a journey of strength and dynamism committed to providing the best financial solutions to promote convenience and support the lifestyles of its...

The implementation of the Treasury Single Account (TSA) has adversely impacted the earnings of most banks. Rising inflation, forex management challenges and elimination of commissions on turnover (COT) are some...

Once again, the pan-African financial services group, United Bank for Africa (UBA) Plc, proved to be a leader in the banking industry as it held its UBA CEO Awards Night,...

Ghana is performing better than Nigeria when it comes to using Point of Sale (PoS) channel for payments during transactions, a report has revealed. According to Indexmundi, Ghana ranks second...

MoneyTrust Microfinance Bank Limited (MFB), a newly licensed multi-purpose MFB approved by the Central Bank of Nigeria (CBN) that is located in Lagos, has commenced operation. The bank was licensed...