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First Bank Restates Commitment To Improved Services

First Bank Restates Commitment To  Improved Services

First Bank of Nigeria Limited says it is committed to improved customer service delivery. The lender, therefore, said it would continue to provide the best financial solutions to promote convenience and support the lifestyles of its customers. In a statement on Thursday, First Bank said, “The bank through the years has demonstrated an understanding of […]

Wema Bank inaugurates solar-powered mobile branch

Wema Bank inaugurates solar-powered mobile branch

Wema Bank Plc says it has launched a solar-powered mobile branch to make banking services available to everyone in all parts of the country. Mr Damola Bolodeoku, the bank’s Head of eBusiness, in a statement on Wednesday in Lagos, said the mobile branch was fitted with two automated teller machines (ATM). According to Bolodeoku, the […]

Skye Bank, MoneyGram Boost Money Transfer Services

Skye Bank, MoneyGram Boost Money Transfer Services

    Skye Bank Plc says it will continue to collaborate with Money Gram to enhance money transfer services in the country. According to a statement by the lender, three lucky customers of Skye Bank have emerged as winners in the on-going ‘’Receive n Win Promo.” The winners, which include Oladele Femi, Babatunde Sodiq and […]

MasterCard Introduces New Digital Platform

MasterCard Introduces New Digital Platform

MasterCard, global technology company with presence in Nigeria, on Tuesday, launched a digital platform that connects smallholder farmers, agents, buyers and banks in East Africa. Tagged, ‘2KUZE’ which in Swahili means “Let’s grow together,” the platform enables farmers to buy, sell and receive payments for agricultural goods via their feature phones. According to a statement […]

Wema Bank Appoints Adebise As DMD

Wema Bank Appoints Adebise As DMD

The Board of Directors of Wema Bank Plc has announced the appointment of Ademola Adebise as its Deputy Managing Director following approvals by the Central Bank of Nigeria (CBN). He will oversee Wema Bank’s Corporate and Business Directorate covering Corporate Banking, Treasury & Financial Institution, South Business Group (South-South and South-East) and Business Support Division. […]

Naira Depreciates Further Against Dollar

Naira Depreciates Further Against Dollar

The Naira on Thursday remained indifferent to the sale of over $250 million to licensed Bureau De Change (BDC) operators nationwide as it suffered another loss against the dollar. The report says  that the Naira inched against the dollar at the early hours of Thursday morning by 2 points but could not sustain the gain […]

Customers without BVN shouldn’t be banked, – NIBSS

Customers without BVN shouldn’t be banked, – NIBSS

The Managing Director, Nigeria Interbank Settlement System (NIBSS) Ade Shonubi, yesterday said customers that are yet to secure their Bank Verification Numbers (BVNs) should not be allowed to conduct banking transactions. Speaking yesterday at the launch of ficannews.com in Lagos, the NIBSS chief said those without BVNs should have no business with banks. He said […]

CBN Gov. Clash – With Atedo Peterside Over Forex Policy

The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele; and the Chairman, Stanbic IBTC Bank Plc, Mr. Atedo Peterside, on Thursday disagreed over whether the flexible foreign exchange policy of the apex bank had been able to address the foreign exchange challenges in the country or not. They both spoke in Abuja at […]

Mobile Money Scheme Yet To Achieve Financial Inclusion Objective – NIBSS

Mobile Money Scheme Yet To Achieve Financial Inclusion Objective – NIBSS

  The mobile money scheme established by the Central Bank of Nigeria (CBN) to enhance financial inclusion is yet to achieve the objective, according to Ade Shonubi, managing director/CEO, Nigeria Interbank Settlement System (NIBSS). Some of the reasons given by mobile money operators are that the government is not encouraging them and that they have to […]

Access Bank Plc New Appointment

Access Bank Plc New Appointment

  Access Bank has announced the appointment of Dr. Gregory Ovie Jobome, as Executive Director, Risk Management Division. Dr. Jobome is a thorough bred banking profession with excellent academic pedigree.  He obtained a First Class Degree in Economics from the University of Maiduguri in 1986 and a Distinction in Master of Business Administration from Obafemi […]

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