BANKING

Nigeria’s overnight interbank lending rate inched up marginally week-on-week to an average 6 percent on Friday, up from 5.5 percent last week, as the naira cash level droppped after payment...

Access Bank plc yesterday released its audited results for the full year ended December 31, 2015, and proposed a final dividend of 30 kobo per share, bringing the total dividend...

United Bank for Africa Plc, the lender operating in 19 countries on the continent has shown strength in its Full year 2015 financial as earnings spiked amid a slow growing...

Guaranty Trust Bank Plc, Nigeria’s largest lender by market value, recorded profit growth to end 2015 financial year, thanks to contributions from interest income as the lender continues to thrive...

According to the exposure draft of the revised Guide to Bank Charges, bank customers may have to pay up to N600 per annum for debit card maintenance fee as against...

If you are a Nigerian bank, then it pays to be big. As more Full Year(FY) 2015 results of deposit money banks are being released, analysts say the large tier...

Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group expects to report materially lower profit for the year ended 2015, driven by a number of factors: – The macroeconomic...

United Bank for Africa Plc in its full year results for the year ended December 31, 2015, released to the Nigerian Stock Exchange (NSE) has recorded a 10 per cent...

The board of Zenith Bank Plc has appointed Professor Oyewusi Ibidapo-Obe and Mr. Gabriel Ukpeh as independent non- executive directors of the bank, subject to the approval of the Central...

The Central Bank of Nigeria (CBN) is proposing a N50 charge on every cheque leaflet obtained and used at the deposit money bank’s counter. This is not the same as...