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BANKING & FINANCE

BANKING & FINANCE

MTN
BANKING & FINANCE IT/TELECOM

MTN Nigeria, the nation’s largest mobile operator, has signed a N200 billion medium-term loan facility (MTF) agreement with 12 Nigerian banks. The loan deal, which was sealed this ...
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Stanbic IBTC
BANKING & FINANCE

In a quest to help customers take advantage of the currency swap deal between China and Nigeria, Stanbic IBTC has sensitised its customers and stakeholders on the currency ...
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BANKING & FINANCE COVER NEWSLETTER

As part of efforts to aggressively accelerate financial inclusion in the country, the Central Bank of Nigeria (CBN), the Nigeria Interbank Settlement System (NIBSS), commercial banks and mobile ...
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FBI
BANKING & FINANCE COVER INTERNATIONAL

America’s Federal Bureau of Investigation (FBI) has warned banks in Nigeria and others across the globe that criminals are gearing up to execute a global bank heist in ...
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Bitcoin
BANKING & FINANCE COVER NEWSLETTER

Bitcoin, ethereum and other major cryptocurrencies have plummeted in price, with analysts warning that the market has hit “panic mode”. Ethereum experienced the biggest drop in value of all ...
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Fidelity Bank
BANKING & FINANCE COVER NEWSLETTER

Top Nigerian lender, Fidelity Bank Plc, in strategic partnership with the Bank of Industry (BoI), has launched the Aba Finished Leather Goods Cluster Financing Programme, as part of ...
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Blockchain
BANKING & FINANCE COVER INTERNATIONAL NEWSLETTER

The World Bank has partnered with the Commonwealth Bank of Australia (CBA) to issue a bond over a private blockchain that was built on top of the Ethereum ...
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Foreign Exchange
BANKING & FINANCE COVER

Commercial banks are revaluing their foreign currency holdings and paying off debts ahead of timeline as dollar liquidity improves, The Nation has learnt. The improvement seen in foreign reserves at ...
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BANKING & FINANCE BUSINESS & ECONOMY

Further EURUSD weakness is expected with prior support now turning to strong resistance. USDTRY slips back after trading above 7.20 as Turkey readies plans to restore confidence. EUR-USD RATTLED AT FRESH ...
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Manufacuring Sector
BANKING & FINANCE COVER NEWSLETTER

The Central Bank of Nigeria (CBN) yesterday injected $327,440,499.50 into the interbank market through Retail Secondary Market Intervention Sales (SMIS). This was in addition to the sale of ...
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Sterling
BANKING & FINANCE NEWSLETTER

Sterling slid to its lowest level since June 2017 on Friday as a stronger dollar and continued concerns that Britain could leave the European Union without a trade ...
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BANKING & FINANCE COVER NEWSLETTER

The pervasive electronic banking fraud in the banking sector is leaving in its wake losses and crisis of confidence in the financial industry, according to investigation by Nigeria ...
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Bitcoin
BANKING & FINANCE COVER NEWSLETTER

As it stands, the market has established a new year-to-date low, with the collective valuation of all cryptocurrencies currently sitting at a disappointing $223 billion. Many speculated that ...
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cbn
BANKING & FINANCE COVER NEWSLETTER

The Naira on Thursday gained 40 kobo to firm against the dollar at the parallel market in Lagos. The News Agency of Nigeria (NAN) reports that the Nigerian ...
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NIMC
BANKING & FINANCE

The National Identity Management Commission (NIMC) and Africa’s foremost financial institution, the United Bank of Africa (UBA), has entered into a partnership for the financial institution to adopt the ...
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Bitcoin
BANKING & FINANCE

The past week has seen an increase in the prices of certain cryptocurrency tokens which has shot the total market valuation up to $258 billion USD. Although they ...
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EFCC
BANKING & FINANCE POLITICS & GOVERNMENT

The Economic and Financial Crimes Commission (EFCC) has frozen three bank accounts belonging to the Benue and Akwa Ibom State governments. Officials of the two states confirmed this ...
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BANKING & FINANCE NEWSLETTER

Access Bank Plc said it has deepened its commitment towards providing easy banking experience to customers by leveraging WhatsApp social media platform to bring its Banking Relationship Managers ...
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BANKING & FINANCE COVER NEWSLETTER

An Executive Director at the Bank of Industry (BoI), Toyin Adeniji Wednesday restated the commitment of the bank to see that all willing Nigerians have access to small ...
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BANKING & FINANCE NEWSLETTER

The international branch of the Chartered Institute of Bankers of Nigeria (CIBN) United Kingdom, has concluded arrangements to hold the 1st Nigerian international Bankers Conference, on: “The Challenges ...
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