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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 […]

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. […]

GT Bank Manager Denies In Court

GT Bank Manager Denies In Court

  Nwachukwu Amazu, head of the fund transfer unit of Guaranty Trust Bank (GT.BANK), on Wednesday denied knowledge of the documents his bank sent to the Economic and Financial Crimes Commission (EFCC) on Senate President Bukola Saraki. ‎Nwachukwu, who is the second prosecution witness in the trial of Saraki at the Code of Conduct Tribunal […]

Bitcoin and Central Bank Of Nigeria

Bitcoin and Central Bank Of Nigeria

The Central Bank of Nigeria (CBN) has barred deposit money banks and all other financial institutions from the operation of any form of virtual currency. The warning by the apex bank yesterday was contained in a circular by the CBN Director of Financial Policy and Regulation Department, Mr. Kevin Amugo, Virtual currencies (VCs) such as […]

Osibanjo And Naira Exchange Rate

Osibanjo And Naira Exchange Rate

  Vice President Yemi Osinbajo said on Tuesday that Nigeria will  close the gap between the official and black market rates for the Naira against the dollar “very soon”, “The gap between the official and parallel market… it isn’t helpful,” he told reporters at the World Economic Forum in Davos. “If you look at the economic […]

Primary Mortgage Banks In Trouble

Primary Mortgage Banks In Trouble

  Crisis come into view in indistinct and enlarged form in the nation’s financial system as lack of funds hits the Primary Mortgage Banking (PMB) segment, It was learnt that the situation which has become critical for one of the mortgage banks, as it no longer honours depositors’ claims, may soon result in its collapse and […]

Oil Price Leveraging.

Oil Price Leveraging.

A thin ray of light has pierced Nigeria’s gloomy skies. International crude oil prices held steady above the $55 per barrel threshold on Friday while, two days before, the World Bank reaffirmed its forecast of a return to positive growth for Africa’s largest economy. The prospects present two classic challenges: managing revenue from the price […]

Tips On How To Read Your Bank Statement

Tips On How To Read Your Bank Statement

Some people never take the time to learn how to read their bank statement. Instead, they throw out their statements or delete them from their inbox before taking a closer look. If you are in this habit, there is no better time than now to make a change. Learning how to read your bank statement is […]

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