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The Nigerian banking work environment has recently gained the attention of powers that be, people are beginning to ask questions about some actions and in-actions of top managements in commercial...

The attention of Nigerian lawmakers is tilting towards checkmating the practice of unrealistic targets on bank employees, especially marketers. The lawmakers have however, mandated its committee on Banking and Currency...

Bank tellers are the front-line transaction officers that attends to customers' day to day transactions in the banking halls. Their duties includes paying cash, receiving cash deposits, sometime they also...

This type of bank account is used to run  schools, institutions, colleges, and tertiary institutions. It also includes Students Union Governments (SUG), faculty and departmental unions. It is a tier...

A partnership account is designed for unincorporated business entities between two or more individuals of equal rights, they share their profit, losses, assets and responsibility together and their liability to...

Non-governmental Organizations are non-profit organizations whose activities are usually towards charity. They get most of their funding from donations and government grants. As a result of the nature of the...

A joint account is the type of account operated by two or more individuals. Each Account holder can effect transactions on the account, in accordance with specified account mandate requirements....

Early 2013 the Central Bank of Nigeria (CBN) harmonized the KYC requirements for account opening across all banks in Nigeria. With this development all bank accounts in Nigeria has been...

There are many investment options available for Nigerian bank customers and treasury bills and fixed deposit are the most common. In this article am going to define some key terms...

Coming on the heels of the recent unveiling of the bank’s new identity in its bid to make banking simpler and smarter both for customers and prospects, Union Bank of...