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Banking
Wema Bank appoints new executive director
The board of directors of Wema Bank Plc. has announced the appointment of Chukwuemeka Obiagwu as an executive director of the bank effective from April 1, 2021.
According to a press…
Unity Bank calls for investment in girl-child education
Unity Bank Plc has called for increased investment in girlchild education in Nigeria to bridge the gender gap and reduce inequality.
Tomi Somefun, managing director of the bank who made…
Access Bank guarantees reversal of failed transactions in one business day
Driven by its commitment to deliver best-in-class service to all its customers, Africa’s largest retail bank, Access Bank PLC, has upgraded its service platforms to allow for resolution of…
New USSD charge leaves bank customers with new headache
From March 16, users who carry out transactions through the Unstructured Supplementary System Data (USSD) would have to pay a flat fee of N6.98 per transaction to network operators,…
Recession exit: expecting CBN’s further interventions to sustain growth
It has been widely agreed that the Federal Government, through the Central Bank of Nigeria (CBN)’s interventions played a significant role in Nigeria’s exit from Covid-19 induced recession.…
Here are banks that pay higher interest for your savings
Some Nigerian banks are paying higher interest to customers for saving their money with them, while others pay lower than regulatory approved minimum rate of 1.15 percent.
The Central…
Zenith Bank pays N94.19bn as dividend to shareholders
Shareholders of Zenith Bank Plc, on Tuesday unanimously approved the proposed final dividend of N2.70 per share, bringing the total dividend payment for the 2020 financial year to N3.00 per…
Access Bank unveils SwiftPay to boost digital payments for SMEs
In the bid to boost the facilitation of payments between SME and retail customers in the digital space, Access Bank Plc recently unveiled SWIFTPAY, a digital payment service that facilitates…
Sterling bank launches rotational savings scheme
In its drive to improve financial inclusion in Nigeria, Sterling Bank Plc has incorporated into its service, the rotation savings and peer-to-peer lending feature on Onebank, its digital…
First Bank gives debtors till March 19 to pay or face public disgrace
First Bank of Nigeria has given debtors whose obligations have fallen due and remain unpaid till March 19, 2021, to liquidate their indebtedness to the bank or face public disgrace by way of…