BANKING & FINANCE

BANKING & FINANCE

Mobile truck
BANKING & FINANCE COVER

Wema Bank Plc. has gone a step further in making banking convenient for its customers and Nigerians by launching a new mobile branch “Wema Bank on Wheels” that ...
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diaspora remittances
BANKING & FINANCE

Small and medium enterprises (SMEs) are key to inclusive economic growth. Micro, Small and Medium Enterprises (MSMEs) in Nigeria have employed 60 million people from a total number ...
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Bank Accounts
BANKING & FINANCE NEWSLETTER

  Development Bank of Nigeria, DBN, has flagged off operations as the Federal Ministry of Finance has confirmed the completion of the recruitment exercise for the Executive Management ...
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uba-building-marina-lagos
BANKING & FINANCE COVER NEWSLETTER

United Bank for Africa, UBA Plc  announced the commencement of the closed period for trading in the bank’s shares. The bank said: “In compliance with the NSE rule book ...
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Masterpass QR
BANKING & FINANCE

United Bank Africa (UBA) has introduced its first merchant-focused app in Africa with the aim of creating a SMART (secure, mobile, accessible, reliable, transparent) network of 100,000 micro ...
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payment platform
BANKING & FINANCE

When it comes to choosing the right payment platform for your business, it is important you do exhaustive research before making a decision. This is because you don’t ...
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CBN May Remove forex black market in 2017 – Adeosun
BANKING & FINANCE COVER FOREX

The Central Bank of Nigeria (CBN) yesterday asked banks to submit bids for a “special currency auction” to clear the backlog of matured outstanding dollar obligations for selected ...
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CBN warns Banks against charging double-digit interest rate
BANKING & FINANCE BUSINESS & ECONOMY

The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has warned Participating Financial Institutions (PFIs) in the country against charging double-digit interest rate on intervention funds ...
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Mobile branch
BANKING & FINANCE

Wema Bank Plc has opened a new branch in Area II part of Garki, Abuja as it continues its strategic expansion following a national license granted the bank ...
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Union Bank
BANKING & FINANCE COVER

Shareholders of Union Bank Nigeria Plc have approved five resolutions authorizing the board of the bank to raise up to N50 billion through rights issue. The shareholders gave ...
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shonibare
BANKING & FINANCE COVER ENTERTAINMENT & THE ARTS

Africa’s foremost financial institution, Guaranty Trust Bank Plc, has partnered the British Council on cultural relations and educational opportunities, to sponsor the installation of the Wind Sculpture VI ...
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naira-notes
BANKING & FINANCE NEWSLETTER

The Central Bank of Nigeria, CBN, has called on banks in the country to tender bids for a special currency auction aimed at fuel importers meeting demand for ...
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Expect More Policies, CBN Tells Banking Industry
BANKING & FINANCE BUSINESS & ECONOMY

The Central Bank of Nigeria (CBN) has said it will be churning out more policies in the banking industry to drive the nation towards economic recovery even as ...
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FG to probe banks over stamp duty collection
BANKING & FINANCE COVER

The Federal Government is set to probe the 22 Money Deposit Banks operating in the country to determine how much they have gathered so far since they started ...
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AfDB Boosts Nigeria’s agric with $800m
BANKING & FINANCE COVER

The African Development Bank Group (AfDB) and Nigeria’s United Bank for Africa (UBA) have signed a $150 million loan agreement to finance Small and Medium Scale enterprises (SMEs). ...
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UBA Deputy GMD gets award
BANKING & FINANCE

Deputy Group Managing Director, United Bank for Africa PLC (UBA), Mr. Victor Osadolor, was at the weekend honoured by the Edo College Old Boys Association (ECOBA) Lagos Chapter ...
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ecobank
BANKING & FINANCE NEWSLETTER

Ecobank Transnational Incorporated, ETI, has announced that 819.4 million preference shares will be converted to ordinary shares following regulatory approval of the shareholders to exercise their right to ...
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Dormant Accounts in Nigerian Banks Skyrockets to 30m
BANKING & FINANCE BUSINESS & ECONOMY COVER

The total number of inactive bank accounts in Nigeria stand at 30.26 million despite efforts by banks to retain old customers and attract new ones. The accounts, activated ...
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fcmb
BANKING & FINANCE NEWSLETTER

FCMB Group Plc has posted a profit after tax, PAT), of N12.98 billion for the nine month period ended 30 September 2016. This figure represents an surge of ...
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Skye Bank Parkway Bank3D
BANKING & FINANCE NEWSLETTER

Indications have emerged that Skye Bank may sell some or all of its local and foreign subsidiaries as part of a review aimed at streamlining operations and boosting ...
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