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Banking
The Nigerian banking system. Banking in Nigeria. Operation, practices, regulations of the Banking system in Nigeria.
Position of NAMB on CBN’s plan to establish national MFB
Following the proposed plan to establish a National Microfinance Bank using NIPOST outlets by the Central Bank of Nigeria (CBN) and the Bankers Committee, the National Association of…
Keystone Bank customers can now carry out ‘Cheque Deposit’ in mobile app
Keystone Bank Limited, one of Nigeria’s most innovative banking services providers, has introduced ‘Cheque Deposit’ feature in its mobile banking application, the new ‘Keystone Mobile App’.…
UBA prepares to enter Mali early February
Mali is United Bank for Africa’s next quest as the pan-African bank prepares to open a new branch in the West African country next month.
UBA has set February 4 as the date for commencing…
Keystone Bank’s ‘Oxygen’ banking services to serve under included Nigerians
As part of its financial inclusion drive, Keystone Bank Limited has introduced the chat-bot feature called ‘oxygen’ which is aimed at serving Nigerians that are financially under included.…
Nigeria set to debut National MicoFinance Bank
Nigeria is set to launch a new microfinance bank with an extensive network of branches with planned presence in all 774 local councils o the Federation and the FCT will be launched this…
Zenith Bank targets market share in retail banking over oil risks
Zenith Bank Plc, Nigeria’s biggest lender by assets, is paying more attention to retail lending as crude oil prices continue to plummet in the international market, threatening…
Accion MfB includes physically challenged into financial system
Accion Microfinance Bank Limited is promoting financial inclusion in the country, as it last week empowered three physically challenged customers financially and socially.
The bank…
Access-Diamond Bank merger to lead to N150bn in synergies
In a deal that would create Africa's largest bank by customers, the synergy opportunities for Access-Diamond Bank deal are estimated at N150.3 billion, managements of both lenders revealed…
Access – Diamond Bank merger to lead to N150bn in synergies
The managements of both Access Bank and Diamond Bank held a conference call today to provide an update on the proposed deal in which they estimated synergies from the merger to amount to…
Absa’s chief denies plans to acquire Nigerian banks, outlines plan to enter slowly
Maria Ramos, Chief Executive Officer of Absa Bank, South Africa’s third biggest lender, has denied plans to acquire any Nigerian bank.
The South African bank, which had hitherto allowed…