BANKING

First Bank, Fidelity Bank Announce Early Closure of Branches - On Thursday, December 31, 2020, First Bank of Nigeria Limited, Fidelity Bank and other financial institutions have said they will close...

FCMB founder buys more shares in Yuletide deals - The octogenarian founder of FCMB Group Plc and Nigeria’s oldest surviving stockbroker, Otunba Subomi Balogun, spent the eve of the Christmas buying...

Polaris Bank unveils e-learning platform - Polaris Bank has unveiled an e-learning infrastructure to promote skills acquisition. Speaking at  the International Women’s Society (IWS) Skills Acquisition Centre, Lekki, Lagos’ graduation and...

Deposit Money Banks borrow N1.7tn from CBN - The Central Bank of Nigeria disclosed in its third quarter economic report that Deposit Money Banks borrowed N1.7tn in three months. Part of...

Stanbic IBTC Launches Campaign to Support Customers - A campaign aimed to support customers with products and services that meet their lifestyle needs has been launched by Stanbic IBTC. The initiative...

Union Bank CEO, Emuwa, to retire in March - Union Bank Nigeria Plc said on Monday that after eight years of leading the bank, its Chief Executive Officer, Emeka Emuwa, has...

NDIC begins verification of 42 failed MfBs’ depositors - THE Nigeria Deposit Insurance Corporation (NDIC) has commenced the closure of 42 Microfinance Banks (MfBs), which licences were revoked by the Central...

Access Bank Emerges ‘Safest Bank’ in Nigeria - A Nigerian multinational financial institution, Access Bank Plc, has emerged the ‘Safest Bank’ for its continued efforts towards ensuring the protection of customer...

Access Bank begins dollar payment for fund transfers - ACCESS Bank Plc has started nationwide payout of dollars to beneficiaries of international remittances, in response to the recent policy change by...

Zenith Bank GMD Onyeagwu is ‘CEO of the Year’ - Zenith Bank’s Group Managing Director/CEO, Ebenezer Onyeagwu has emerged CEO of the Year. The honour was given to the bank chief...