Tag: BANKING
Sterling Bank tweets about fashion while Apapa branch burns
Social media handlers at Sterling Bank carried on with business as usual on Wednesday while a branch in Apapa, Lagos was on fire.
Irate tanker...
Tanker drivers burn Diamond, Sterling Bank branches in Lagos
Tanker drivers went on rampage in Apapa, Lagos on Wednesday setting ablaze a branch each of Diamond Bank and Sterling Bank.
An eyewitness account made...
Agusto upgrades Access Bank’s rating to Aa-
Foremost rating agency in Nigeria, Agusto & Co, has raised Access Bank Plc from A+ to Aa- with a stable outlook.
The upgrade reflects the...
Former Barclays CEO targets N200million to boost investment in Union Bank
Former Chief Executive Officer of British Bank, Barclays Plc, Bob Diamond, has begun raising £200 million to boost his new firm’s investment in Union...
UBA transforms mobile payments with *919# Magic Banking
United Bank for Africa (UBA) has introduced a full-fledged banking platform, tagged UBA Magic Banking and enabled by dialling *919# within Nigeria.
The USSD code...
CBN bars Skye Bank, GTBank, FCMB, others from forex sale to...
The Central Bank of Nigeria (CBN) has barred all but eight banks from participating in the weekly SME wholesale spot and forward intervention with...
UBA grows profits by 41% in first quarter, subsidiaries wax stronger
United Bank for Africa (UBA) has released its unaudited first quarter results, showing significant growth across major income lines.
Following a sterling performance in 2016...
6 things to know about Walter Akpani, MD of Providus Bank
Ten months after it was granted a licence by the Central Bank of Nigeria (CBN), Providus Bank commissioned its ultramodern headquarters on Victoria Island,...
CBN boosts forex supply by $240m, directs banks to pay customers...
The Central Bank of Nigeria (CBN) on Monday released the sum of $90 million to meet requests for invisibles such as basic travel allowance,...
Zenith Bank shareholders approve N63.4b dividend
Shareholders of Zenith Bank Plc on Wednesday approved final dividend of N55.573 billion for the year ended December 31, 2016, bringing the total payout...