BANKING

Ecobank Nigeria launches Omni Lite App - Ecobank Nigeria has launched an application known as Omni Lite App. It is targeted at enhancing the experience of its commercial banking customers. The...

Access Bank secures $50m IFC loan to boost SMEs’ recovery - Access Bank is committed to helping Small and Medium Enterprises (SMEs) recover from the impact of the COVID-19 pandemic, its...

DiamondXtraWins: Access Bank rewards 9,000 for transacting on bank’s digital channels - Access Bank Plc has rewarded more than 9,000 customers in its DiamondXtra campaign tagged XtraWins; a seasonal offer leveraging...

Naira down to N480 per dollar as scarcity bites hard - The scarcity of dollars at the parallel market on Tuesday in Lagos forced the Naira down to N480 to a...

How Banks recovered N50.32m bad loans within nine days –CBN: Director, Financial Policy and Regulation at the Central Bank of Nigeria, Mr. Kevin Amugo, says Nigerian banks recovered about N50.32m bad...

Nigerian Banks ration forex as dollar scarcity hits harder - Banks and businesses in Nigeria are the worse hit by the continued dollar scarcity in the economy, analysts have said. Nigeria...

CRR will affect banks’ profit according Fitch Ratings - Fitch Ratings has said the Cash Reserve Ratio (CRR) policy being implemented by the Central Bank of Nigeria (CBN) will affect...

Access Bank raises alarm on e-fraud: Access Bank Plc has implored customers to be vigilant over rising cases of fraud. It said it has observed worrying increase in reports of fraudsters...

Nigeria’s stock market maintains upward trend as more investors buy - The stock market of Africa’s largest economy maintained its upward trend on Thursday August 13 as more investors continued to...

NDIC secures N2b to pay customers of liquidated bank - THE Nigeria Deposit Insurance Corporation (NDIC) on Wednesday said it liquidated Fortis Microfinance Bank (FMB) to protect the interest of depositors....