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The Northern Nigeria Development Company (NNDC), owned by the 19 northern states, is set to establish a strong and viable bank, the chairman of its board, Bashir Dalhatu, has announced. ...

Despite the embargo which the federal government placed on dismissal of staff in the banking sector, Skye Bank Plc fired at least 200 staff on Monday. Citing petitions and complaints, ...

First City Monument Bank (FCMB) plans to grow this year substantially in retail banking by adding over 600,000 customers to the existing 3.2 million at the start of the year. ...

Plans are underway by officials of the Bank of Industry (BOI) to commence training for members of the National Association of Small Scale Industrialists (NASSI) on how to access loans. ...

The shareholders’ funds of Union Bank of Nigeria (UBN) dipped by over N46 million following fines paid by the bank in 2015 for contravening CBN rules, its annual report showed. ...

Foremost African financial institution, Guaranty Trust Bank plc has once again reaffirmed its position as a leading global brand with the recent recognition of its Managing Director/CEO; Segun Agbaje as ...

The Federal Government on Friday directed banks, insurance and financial institutions to suspend the on-going retrenchment in the sector. This is contained in a statement signed by the Minister of ...

It appears that the cases of non-dispense or partial dispense error by ATMs in Nigeria still persists in spite of the efforts of the banks’ regulator, the Central Bank of ...

A typical ATM dispense error is a situation where the machine debits a customer’s account without actually physically dispensing cash. In KUME BRIDGET ASHIEMAR vs. GUARANTY TRUST BANK PLC (GTB) ...

Nigeria's overnight interbank rate fell to an average of 3 percent for overnight lending on Friday, down from 5 percent on ample liquidity from budgetary allocations to government agencies. Nigeria ...