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Zenith Bank, & Others Drive Equity Volume

Zenith Bank, & Others Drive Equity Volume

  HEAVY transactions recorded last week on the shares of Zenith International Bank Plc, Champion Breweries Plc and Diamond Bank Plc  drove the volume traded on the Nigerian Stock Exchange, NSE. Trading statistics made available at the end of the week showed that the three companies accounted for 252.189 million shares out of 990.584 million […]

Access Bank’s Early Savers Account Helps Kids Develop Financial Skills

Access Bank’s Early Savers Account Helps Kids Develop Financial Skills

ACCESS Bank has said that   its Early Savers Account is designed to actively engage children and help them develop financial skills. Group Head, Inclusive Banking, Access Bank Plc, Mrs. Ope Wemi-Jones stated According to Wemi-Jones the account was specially designed to cater for the banking and financial education needs of children below 16 years of […]

Skye Bank Website The Best – Jurist Performance Categories

Skye Bank Website The Best – Jurist Performance Categories

SKYE Bank’s website  www.skyebankng.com  has been recognised as one of the most improved bank websites as announced by foremost web ranking Agency, Web Jurist, powered by Philips Consulting in its just-released rating. Skye Bank rose from its previous 18th  position in ranking to the 8th  position in 2016; beating  such traditional leaders as: Access Bank, […]

Failure Of Mobile Money Services – Customers Complain Over Blackout In Banks

Failure Of Mobile Money Services – Customers Complain Over Blackout In Banks

THE last thing any bank customer expects in this age is a bank branch operating in darkness. That was the experience of a bank customer as reflected in one of the complaints below. Some of the complaints also show that some banks are yet to perfect the mobile money applications and money transfer services. STERLING […]

Banks Non Performing Loan Rise By N576.5bn In Two Year

Banks Non Performing Loan Rise By N576.5bn In Two Year

Non-Performing Loans (NPLs) in the banking industry increased by a whopping N576.5 billion in two years , Afrinvest West Africa, has said in its 2016 Review and 2017 Outlook report.   Commercial banks’ assets have depreciated in the last two years, with provisions for NPLs hitting N856.9 billion.   The report showed that provisions for NPLs […]

Pound Risks Becoming Irrelevant as Brexit Dims Reserve Status

Pound Risks Becoming Irrelevant as Brexit Dims Reserve Status

How Is Brexit Moving the British Pound? The fallout from the U.K.’s vote to exit the European Union includes the risk of the pound losing favor as a place for safe-keeping by global managers and their $11 trillion stockpile of reserves. “To the extent that reserves serve as backstops against currency stress, rather than as […]

Five Banks Dominate CBN’s $1.1b Forex Disbursements

Apex bank seeks bid for special auction The Central Bank of Nigeria (CBN) said its foreign exchange utilisation records for banks showed a disbursement of $1.1 billion in November 2016. However, of the 4,328 transactions in the period under review, five banks dominated the deals with 2,892, representing about 67 per cent of the total […]

FirstBank Takes e-Banking To Higher Institutions

FirstBank Takes e-Banking To Higher Institutions

THE First Bank of Nigeria Limited, as part of its engagement initiative to drive financial inclusion, is organising Campus Storms to provide students and the Ivory Towers an opportunity to experience convenient and accessible banking  at their doorstep. The bank is reputed as Nigeria’s most valuable bank brand. It made strong presence yesterday in places […]

UBA Bank Massive Recruitment 2017

UBA Bank Massive Recruitment 2017

  United Bank for Africa Plc (UBA) is one of Africa’s leading financial institutions, with operations in 20 African countries and 3 global financial centres: London, Paris and New York. From a single country organisation founded in 1949 in Nigeria UBA has grown to become a pan-African provider of financial services with over 11 million […]

Sky Bank – Ready To Make More Millioniares

Sky Bank – Ready To Make More Millioniares

  Skye Bank Plc says it is set to make more millionaires out of Nigerians in its repackaged ‘Reach for the Skye Millionaire promo’. In a statement on Monday, the lender said the Season 2 edition of the promo was designed to deliver more benefits to the public compared to Season 1 of the scheme. […]

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