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 learned,weekend, that the DMBs, under ...
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 Group, AfDB through its private ...
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) policy, BusinessDay has learnt. Godwin ...
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 excess liquidity from the banking ...
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 modern technology. The branch is ...
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 courtesy of the bank. The ...
Domestic Systemically Important Banks (D-SIB) accounts for N18.15 trillion or 68.9 percent banking sector total asset of N26.4 trillion at the end of December 2015, according to the Central Bank ...
With its liberalised loan conditions and very low interest rate, the Bank of Agriculture (BOA) has become the preferred lender for manufacturers of leather products in Aba. To this end, ...
Poor state of insurance regulation , lack of reliable data and statistics, low capital requirements, as well as limited enforcement of regulatory provisions have been identified as major draw backs ...
Barring any last-minute change in plans, the Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, will today (Thursday) meet with Managing Directors and Chief Executive Officers of all the ...
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