In line with its tradition of deepening the saving culture by rewarding and encouraging its loyal…
Money Market
Tax remittance: ABCON kicks as banks suspend BDCs’ accounts
The Association of Bureau De Change Operators of Nigeria has kicked against ongoing banks’ suspension of…
CBN releases guidelines for DCRR and CB programme
The Central Bank of Nigeria(CBN) has issued DCRR guidelines for the release of funds to banks…
Banks to submit bids for second Yuan auction
The Central Bank of Nigeria (CBN) has asked banks to submit bids for the Chinese yuan…
Banks target 35 million new customers in two years
The 80 per cent financial inclusion target by 2020 is still in the buildup, as the…
Investors stake N100bn on FGN bonds
The Debt Management Office revealed that subscribers staked more than N100bn on FGN Bonds it issued…
FCMB partners ASF to empower corps members
First City Monument Bank (FCMB) has sponsored a capacity building programme for almost 1,000 members of…
FBN Quest Merchant Bank Leads Listing by Introduction of Notore Chemical Industries Plc on the Nigerian Stock Exchange
FBN Quest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, has…
Fidelity Bank, BoI unveil lending scheme for manufacturers
Fidelity Bank Plc, in a strategic partnership with the Bank of Industry, has launched a lending…
Access Bank Launches Whatsapp banking
Access Bank Plc has joined the league of banks leveraging on Whatsapp, a message sharing platform,…
CBN injects $210m into forex market
The Central Bank of Nigeria (CBN) on Tuesday injected $210 million into the inter-bank Foreign Exchange…
Diamond Bank to conclude sale of UK subsidiary
Diamond Bank Plc has revealed plans to conclude the sale of its British unit this year.…
External reserves fall below $47bn
Data obtained from the Central Bank of Nigeria on Tuesday showed the nation’s foreign exchange reserves…
FirstBank partners NURTW on on agent banking
First Bank of Nigeria Limited and the National Union of Road Transport Workers have entered into…
NIBSS seeks more collaboration for financial inclusion
The Nigeria Interbank Settlement System (NIBSS) has noted that there is still more to do by…
CBN to end lower currency denominations’ scarcity
The Assistant Director, Currency Operations of the Central Bank of Nigeria, Benedict Madagwu has made known…
CBN’s Anchor Borrowers’ Programme creates 1.5 million jobs
The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending on Sunday said about 250,000 direct jobs…
Access Bank facilitates $2.6bn trade for 25,000 customers
Access Bank Plc has said that it has facilitated trade for over 25,000 of its customers…