Banking

Ahead of March 1, 2021, which is the expiration date for the moratorium on the Central Bank of Nigeria (CBN) intervention facilities, members of the Monetary Policy Committee (MPC) have…

Access Bank Plc has spent N500 billion in empowering female entrepreneurs in its ‘W’ initiative in the last six years. Africa’s largest retail bank plans to spend N60 billion in…

World Bank Group is making a case for women inclusion in economies across the globe to achieve better development outcomes. The global bank made this case in a new report on Tuesday night…

Zenith Bank, Nigeria’s leading financial institution released its result for the year ended December 31, 2020. These six charts show how the tier-one lender performed in 2020. Despite…

The Chartered Institute of Bankers of Nigeria (CIBN) in collaboration with Nigerian Inter-Bank Settlement System Plc (NIBSS) on Tuesday introduced a Professional Certification Programme on…

To further enable its customers to do more conveniently and efficiently, Wema Bank has added more features to its corporate internet banking platform, ALAT for Business. ALAT For Business…

Hope Psbank, a subsidiary of Unified Payment Services Limited and Nigeria’s premier digital-first bank has commenced free National Identification Number (NIN) for Nigerians including its…

Deposit money banks are showing more comfort in assets financing than offering retail loans as personal loans increased by 0.8 percent in November 2020, while retail credit declined by 1.8…

Ecobank Nigeria (ENG), a wholly-owned subsidiary of leading pan-African banking giant, Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, announced Thursday…

Nigeria's currency on Wednesday depreciated by 0.66 percent to N401.04k, lowest since January 4, 2021, at the Investors and Exporters (I&E) forex window due to shortage of dollars.…