A partnership account is designed for unincorporated business entities between two or more individuals of equal rights, they share their profit, losses, assets and responsibility together and their liability to...
Non-governmental Organizations are non-profit organizations whose activities are usually towards charity. They get most of their funding from donations and government grants. As a result of the nature of the...
A joint account is the type of account operated by two or more individuals. Each Account holder can effect transactions on the account, in accordance with specified account mandate requirements....
Early 2013 the Central Bank of Nigeria (CBN) harmonized the KYC requirements for account opening across all banks in Nigeria. With this development all bank accounts in Nigeria has been...
There are many investment options available for Nigerian bank customers and treasury bills and fixed deposit are the most common. In this article am going to define some key terms...
Coming on the heels of the recent unveiling of the bank’s new identity in its bid to make banking simpler and smarter both for customers and prospects, Union Bank of...
Few words evoke consumer spleen faster. Dissatisfaction with escalating checking and ancillary fees for banking services is making competition for customer loyalty in retail banking especially high. Research shows that...
According to a survey by TD Bank, 60% of consumers who are happy with their bank say they they have low- or no financial stress, and more than half are...
Most of the time an average Nigerian bank customer thinks that having account officers is exclusively for rich and influential customers. This is the main reason why most account holders...
We all know for a fact that most Nigerian banks offer the same product and are all guided by a uniform policy, thanks to CBN. Most of the charges on...