BANKING

United Bank for Africa Plc yesterday reported profit before tax of N40.270 billion for the half year ended June 30, 2016, showing a marginal increase […]

The Body of Banks’ Chief Executive Officers on Thursday met in Lagos to review the current developments in the industry, especially issues around the ban […]

Some banks on Wednesday clarified their positions on their suspension from the foreign exchange market by the Central Bank of Nigeria over alleged non-remittance of […]

African Development Bank (AfDB) has approved $350million loans to First Bank of Nigeria and FSDH Merchant Bank Nigeria to support import-export activity of local enterprises. […]

BANKS are carrying a heavy load of Non-Performing Loans (NPLs), which rose 78 per cent year-on-year to N649.63 billion last May. The “worrisome” trend should […]

The Central Bank of Nigeria (CBN) has deleted the United Bank for Africa (UBA) from the list of nine deposit money banks (DMBs) banned from […]

UBA Plc, one of Nigeria’s leading banks  denied it was sitting tight on $530million belonging to the Federal Government, part of its $2.1billion dividend from […]

First Bank of Nigeria Ltd. has announced the appointment of Mr Patrick Iyamabo as its new Chief Financial Officer (CFO). Iyamabo was performing a similar […]

To assess the strength of the nation’s banks, the Central Bank of Nigeria (CBN) is currently conducting stress tests on them. But depositors need not […]

Union Bank of Nigeria Plc has partnered CBC Netcomms to launch Stallion Hotspot, a street WiFi network in Lekki axis of Lagos State. The bank […]