BANKING

Amidst intensified anti-corruption siege on banks by the Economic and Financial Crimes Commission, EFCC, Bureaux de Change, BDCs, may have come under severe vetting by […]

Any time this week, which analysts believe may be Friday, when the Central Bank of Nigeria usually takes bids from authorised dealers of foreign exchange, […]

The harsh economic conditions facing the country have led to a drastic reduction in customers’ deposits in banks with the industry recording a decline of […]

Board of directors of the African Development Bank Group (AfDB), through its private sector window, has approved a $150-million line of credit for United Bank […]

Customers of Deposit Money Banks, DMBs, may be faced with a new across-the counter cash withdrawal limit to be pegged at N10, 000. It was […]

United Bank for Africa, UBA Plc has secured a $150million Line of Credit, LOC approved by the board of directors of the African Development Bank […]

The Central Bank of Nigeria (CBN) intends to aggressively mop up liquidity surfeit in the nation’s banking system before unveiling any new foreign exchange (FX) […]

Nigeria’s overnight interbank rate rose to an average 4 percent on Friday, up from 3 percent previously, as the central bank’s attempt to mop up […]

As part of efforts to deliver simpler and smarter banking to its teeming customers, Union Bank of Nigeria Plc has unveiled a new branch with […]

Ten winners have emerged from the United Bank for Africa Plc’s Remittance Awoof Promo.  The lucky customers will enjoy a three-day all-expense-paid trip to Kenya […]