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JUST IN
  • [ September 1, 2025 ] Union Bank Completes Historic Merger With Titan Trust BANKING
  • [ August 30, 2025 ] Nigeria-Brazil Central Banks Forge Strategic Financial Partnership BANKING
  • [ August 28, 2025 ] Nigeria’s Insurance Recapitalisation: Unique Approach Sets Industry Apart BANKING
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  • [ August 26, 2025 ] UBA Launches N150 Million Super Savers Promo Season 5 BANKING
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  • [ May 6, 2020 ] Real reason why Nigerian banks are overcrowded with no physical distancing BANKING
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  • [ May 4, 2020 ] Ecobank posts $90million Profit Before Tax in Q1 2020 BANKING
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Read latest banking news in Nigeria and be well informed about latest bank news in Nigeria.

Wema Bank Eyes Acquisitions Plans to Raise Debt
BANKING

FX Primary Dealers: CBN Okays Wema Bank

June 21, 2016 Haruna Magaji
Following the recent commencement of trading on the Nigeria Interbank Foreign Exchange (NIFEX), and the announcement of the movement from the official exchange rate to […]
ECOBANK NIGERIA
BANKING

Ecobank may close some operations

June 20, 2016 Haruna Magaji
Ecobank is reviewing its expansion strategy following a decline in profits and may pull out of some African countries to focus on its most promising […]
FG appoints Settlement Banks for Naira/RMB Currency swap
BANKING

First Bank Records 100million e-banking Transactions in One Month

June 18, 2016 Haruna Magaji
Africa’s leading integrated payment and transaction processing company, Interswitch Transnational, has named First Bank Nigeria Plc the first financial institution in the country to achieve […]
BUNDLES OF DOLLAR NOTES
BANKING

Commercial banks ask customers to submit bids ahead of naira float

June 18, 2016 Haruna Magaji
In what could be adjudged a transparent move, Nigeria’s commercial banks have asked customers to submit bids ahead of the start of new interbank foreign […]
NAIRA2
BANKING

Banks to set naira rate on Monday without CBN intervention

June 18, 2016 Haruna Magaji
Nigeria’s commercial banks will set the first exchange rate of the naira versus the dollar when the currency is allowed to float freely on Monday […]
Heritage Bank Promotes Financial Inclusion
BANKING

Heritage Bank Expands To 34 States

June 17, 2016 Haruna Magaji
Heritage Bank has emerged the fastest growing bank in the country, according to a survey and study commissioned by the Newspaper – Nigerian Pilot. Earlier, […]
Unity Bank mentors youths in career development
BANKING

TUC concludes majority take with N80bn investment in Unity Bank

June 17, 2016 Haruna Magaji
The Trade Union Congress (TUC), one of Nigeria’s two labour centres, has perfected investment transactions with Unity Bank plc, to enable it take up majority […]
CBN unexpectedly hikes rates 1
BANKING

CBN set to name the lead players in the foreign exchange market today

June 17, 2016 Haruna Magaji
*Others are Access, Diamond, FCMB, Fidelity As banks begin to settle into the dynamics of the flexible foreign exchange regime, which will take effect from […]
Stellar performance Attributed to ETranzact innovative products
BANKING

eTranzact records $30bn transaction in 2015

June 16, 2016 Haruna Magaji
Africa’s e-payments solution provider, eTranzact International Plc, said it recorded about 110 million etransatction last year valued at $30 billion. Unveiling its new brand identity […]
FBN Merchant Bank Declares Strong Performance
BANKING

FBN Capital to boost investment banking

June 16, 2016 Haruna Magaji
FBN Capital Limited says it is committed to the growth of the Nigerian economy and will continue to boost investment banking in the country. The […]

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