BANKING

The banking industry has witnessed efforts by several banks to encourage savings habits and mobilise cheap funds through savings promotions that offers more than the paltry interest rate. Two of...

In this second edition of our Executive Platform interview series we present the positions of the Managing Director of Nigerian Deposit Insurance Corporation, NDIC, Alh. Umaru Ibrahim, on threats to...

Over 10, 000 ex-staff of banks have sued the One of those convinced that Nigerians should adopt bitcoins is the Managing Director of the Nigeria Deposit Insurance Corporation (NDIC) and...

Heritage Bank said it has no business relationship with Heritage Capital Market Ltd  suspended by the Securities and Exchange Commission (SEC). In a statement, the management of the bank said:...

In January 2012, the Central Bank of Nigeria granted Jaiz Bank an approval in principle to operate as a regional interest-free bank in northern Nigeria.  As a result of that,...

Skye Bank Plc has emerged “The Most Committed Watch Listing Bank in Nigeria” out of four corporate awards that were up for grabs at the Nigeria Electronic Fraud Forum Annual...

There appeared to be frustration, anger, long queues and anxiety at the weekend among bank customers due to network failure and shortage of cash at automated teller machines, ATMs across...

Heritage Bank Plc in collaboration with the Central Bank of Nigeria has provided N2bn long-term facility under the Commercial Agriculture Credit Scheme to Triton Aqua Africa Limited. The TAAL, known...

Stanbic IBTC has announced the launch of a new mobile app as part of its financial service offerings aimed at boosting customer service delivery and user experience. The bank said...

Banks have made huge income by charging customers N200 for every withdrawal over the counter owing to the failure of some Automated Teller Machines (ATM) to function properly in the...