BANKING

The Federal Government on Friday directed banks, insurance and financial institutions to suspend the on-going retrenchment in the sector. This is contained in a statement signed by the Minister of...

It appears that the cases of non-dispense or partial dispense error by ATMs in Nigeria still persists in spite of the efforts of the banks’ regulator, the Central Bank of...

A typical ATM dispense error is a situation where the machine debits a customer’s account without actually physically dispensing cash. In KUME BRIDGET ASHIEMAR vs. GUARANTY TRUST BANK PLC (GTB)...

Nigeria's overnight interbank rate fell to an average of 3 percent for overnight lending on Friday, down from 5 percent on ample liquidity from budgetary allocations to government agencies. Nigeria...

First Bank of Nigeria Limited on Thursday said it had created a value chain of support for the interests and activities of its customers. The lender said with varying categories...

Unity Bank Plc says it has donated instructional materials to Okun Ajah Community Senior High School, as part of activities marking the 2016 Children’s Day. The Okun Ajah Community Senior...

Nigerian banking stocks headed for the biggest drop in three and a half years as investors showed their displeasure at the lack of clarity from policymakers since they flagged a...

Ecobank Nigeria Limited has announced the conversion of over 200 outsourced personnel to permanent employees of the bank, as part of the bank’s drive to attract and reward talent while...

The Managing Director and Chief Executive officer of Zenith Bank Plc, Peter Amangbo, has said that the proposed visit of the FIFA President, Gianni Infantino, is a big boost to...

Diamond Bank Plc has sacked about 200 members of its workforce as the economic challenges affecting the country continue to batter the financial services industry. In first quarter of 2015,...