Banking/Finance

In a reaction to the recent announcement by the Central Bank Nigeria (CBN) that beneficiaries of remittances can now receive their transfers in Dollars or opt to have funds paid directly into their domiciliary accounts, Ecobank Nigeria has assured its customers that it will put the necessary processes in place to ...

Ecobank Nigeria has emerged the winner of “Agric Lender of the Year” award at the prestigious Business Day’s Bank and other Financial Institutions Awards (BAFI). The bank was winner among other strong contenders to clinch the coveted award over the weekend.  According to Publisher of Business Day Newspapers, organisers of ...

… Wins Best Bank of the Year, International Bank of the Year Pan-African financial institution, United Bank for Africa (UBA) Plc, carted two highly coveted laurels at the BusinessDay’s Bank and other Financial Institutions Awards (BAFI) winning the Bank of the Year and the International Bank of the Year at ...

Ecobank Nigeria has launched Smart Small And Medium Enterprise (SME) Agency Banking campaign targeted at empowering 100,000 entrepreneurs under the Ecobank SME and Agency Banking proposition. Emeka Agada, Head of SME, Ecobank Nigeria, said the initiative was introduced in line with the bank’s commitment to support the Federal Government and ...

– SPEARHEADS INNOVATION IN ELECTRONIC BANKING IN NIGERIA In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM devoid of any form of physical interaction with the machine. The introduction ...

The Board of Directors of SunTrust Bank Nigeria Limited, at its meeting held on Thursday 26th November 2020, has elected Mr. Olanrewaju Shittu as Chairman of the Board of Directors to replace Mr. JIbril Aku. The board has also approved the appointment of Mr. Mohammed Datti Yola as a Non-Executive ...

To enhance effective growth in profitability and good returns on shareholders’ investment, the Board of Directors of SunTrust Bank Nigeria Limited, has elected Mr. Olanrewaju Shittu as Chairman of the Board of Directors to replace Mr. JIbril Aku. This decision was made at its meeting held on Thursday 26th November ...

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has advocated a closer collaboration between banks, Telcos, Fintechs and industry regulators to enhance savings and lending in the financial landscape. This development according to him will generate activities in the economy and expand wealth creation. Akinwuntan who was speaking at the ‘Fintech ...

  ·       Ten out of the twelve  winners are girls The UBA Foundation, the CSR arm of the United Bank for Africa, today, held its tenth annual National Essay Competition(NEC) in a virtual ceremony that was attended by high school students from across the nation. The UBA Foundation’s Education initiative has ...

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its variant account products – KidsFirst and MeFirst – created to encourage the right savings culture among children from 0 – 17 years. The offerings have relevant enhancements including appropriate parental guidance and financial discipline for ...