BANKING
UBA Receives $150million Credit Line from AfDB
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 […]
Search Results for
BANKING
CBN to mop banks’ liquidity before unveiling FX policy
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) […]
BANKING
Nigerian interbank rate drops as liquidity persists
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 […]
BANKING
Union Bank Improves with modern technology, Unveils New Branch
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 […]
BANKING
10 customers win UBA’s free trip to Kenya
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 […]
BANKING
Systemically important banks account for N18.15trn banking sector asset
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, […]
HEADLINES
Agric Bank Grants N10.4m Loan Facility to Aba Leather Manufacturers
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 […]
HEADLINES
Operators Highlight Challenges to Insurance Markets Growth
Poor state of insurance regulation , lack of reliable data and statistics, low capital requirements, as well as limited enforcement of regulatory provisions have been […]
BANKING
Emefiele to meet bank CEOs over sacking, forex policy
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 […]
HEADLINES
Senate probes 12 million fake vehicle insurance policies
The Senate on Tuesday directed its Committee on Banking, Insurance and Other Financial Institutions to immediately organise a public hearing to investigate the result of […]