BANKING

Guaranty Trust Bank plc has released its unaudited financial results for the first quarter ended March 31, 2016 to the Nigerian and London Stock Exchanges. A review of the 1Q...

AppZone, a home-grown software solutions for the financial services industry, developed recharge vending application for Micro Finance Banks (MFBs). The value added service has been described as having placed MFB...

The United Bank for Africa Plc has announced its unaudited results for the first quarter of 2016, showing gross earnings of N74bn and profit before tax of N18bn. The UBA...

First City Monument Bank (FCMB) Limited has promised its stakeholders that it will continue to deepen its support for projects and other initiatives that would impact significantly on Nigerians and...

Citing capital as the single most important factor for the sustainable growth of small and medium scale enterprises (SMEs), the Head, SME Banking, Stanbic IBTC Bank, Mr. Obinna Ukachukwu, has...

Uncertainties in the Nigerian economy have had a telling effect on many sectors, with five of the 22 banks in the country losing N54bn from their previous year’s profits in...

Shortage of cash in the Nigerian banking system last week, triggered an jump in the overnight tenor of the Nigerian Interbank Offered Rates, NIBOR. The central bank also sold about...

First Bank of Nigeria Limited has announced the appointment of Dr. Remi Oni to its Board of Directors as Executive Director(ED), Corporate Banking from April 15, 2016. The bank also...

Foremost African financial institution, Guaranty Trust Bank plc, has partnered African-focused entrepreneurship accelerator, She Leads Africa (SLA) and the Work in Progress! Alliance (Oxfam and VC4Africa) to launch the She...

The Nigerian Postal Services (NIPOST) will soon introduce banking services to rural areas of Nigeria, Minister of Communications, Adebayo Shittu, has said. Shittu told the News Agency of Nigeria (NAN)...