The National Insurance Commission (NAICOM) on Friday confirmed backdating the insurance companies Tier-based recapitalisation commencement date to Oct. 1, as against January 1, 2019 it earlier...
In line with its tradition of deepening the savings culture by rewarding and encouraging its loyal customers, UBA has launched a new savings promo, UBA Wise...
Diamond Bank Plc, has demonstrated its support for Small and Medium-Scale Enterprises (SMEs), with the disbursement of over N1billion under the cash flow-based SME lending scheme....
As part of efforts to drive financial inclusion, and deepen services across the nook and cranny of Nigeria through cost effective channels, Firstmonie Agent network is fast...
Latest report from the Lagos Business School (LBS), has revealed that 49 per cent of Nigerians have viable bank accounts thus making the country’s financial inclusion...
Succour may soon come the way of manufacturers and entrepreneurs, especially the agriculture sector, as the banking industry’s accumulated cash reserve, ratio (CSR) estimated at N4.11...
The Central Bank of Nigeria (CBN), said the aggregate foreign exchange inflow into the country stood at $91 billion in 2017, a record compared with 2016....
JOHANNESBURG – The SA Reserve Bank was surprised by the magnitude of the rand weakness early on Monday but the foreign exchange market conditions were “nowhere...
JOHANNESBURG – The Nedbank Group said yesterday that the managed separation of Old Mutual Plc (OMP) was progressing well on schedule. The separation gained momentum with...
At the recent annual Banker Africa – Southern Africa Awards 2017, FNB was selected as the Best Retail Bank in Southern Africa. The Banker Africa Awards...
By Tenu Awoonor On my way to the Pinet eInsurance conference hosted in Lagos last week, I asked myself a question. What does insurance have...
Fidelity bank, is now the latest Nigerian bank to come clean on Etisalat Nigeria’s indebtedness to it. The bank says Etisalat Nigeria owes them about N17.5...
Commercial Banks face a rather delicate choice to make when it comes to lending in Nigeria. They can decide to lend to multinationals or just focus on...
The ghost of bad loans past at Ecobank Transnational Incorporated (ETI) is still haunting Nedbank, which has reported headline earnings growth substantially lower because of its...
Users of the FirstMobile application now have the opportunity to transact a whole lot more business as the bank has revealed that it doubled the daily...
United Bank for Africa (UBA) has introduced its first merchant-focused app in Africa with the aim of creating a SMART (secure, mobile, accessible, reliable, transparent)...
The Central Bank of Nigeria has said that it will stop the regulation of the Merchant Service Charge (MSC) as from May 2017. The MSC is ...
Stanbic IBTC released its 2016 result for the nine months ended 30 September 2016 ; See below Net interest income N’million 2016 9 Months | N39,089...
Access Bank Plc has emerged Nigeria’s biggest winner at the 2016 EMEA Finance Banking Awards organised by EMEA Finance Magazine. Access Bank won in 3 categories...
A new Standard Bank lounge has opened at OR Tambo with two more set to open in mid-December. There are three types of travellers according to...
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