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FirstBank Organises Campus Storm To Promote e-Banking Products

FirstBank Organises Campus Storm To Promote e-Banking Products

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 communities an opportunity to experience convenient and accessible banking offerings right at their doorstep. The bank will be at the University of Benin (UniBen) and New Benin Market on […]

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 […]

$6tr Digital Payment Market & Banks Competition

$6tr Digital Payment Market & Banks Competition

BANKS should adopt the strategy of increased investment in innovative payment solutions and collaboration with increasing number of financial technology companies in order to compete favourably for opportunities in the $6 trillion digital payment market. These were part of the recommendations made by banking and electronic payment experts who spoke at   the annual retreat 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, […]

Investors Lose N187bn In 3 Weeks – Stock Market

Investors Lose N187bn In 3 Weeks – Stock Market

INVESTORS in the nation’s stock market have lost over N187 billion in the first three weeks of trading in 2017, as market capitalisation of the Nigerian Stock Exchange, NSE, closed, Friday, at N9.059 trillion. The market capitalisation which represents the total value of investment by investors in the stock market dropped by 2.03 per cent […]

Naira Appreciates In Forwards Market Indicates Rising Confidence – Forex

Naira Appreciates In Forwards Market Indicates Rising Confidence – Forex

  THE naira appreciated in the forwards segment of the foreign exchange market indicating rising confidence buoyed by recent increases in the nation’s foreign reserves. Meanwhile, prices of Nigeria’s Eurobond maintained downward trend for the third consecutive week due to persistent selling pressure. Naira appreciates in forwards market Data from the Financial Dealers Market Quote […]

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 […]

CBN Queries Banks On Different Foreign Exchange Rate

CBN Queries Banks On Different Foreign Exchange Rate

  The Central Bank of Nigeria, CBN, has denied allegations of irregularities in the foreign exchange, forex, transactions among Deposit Money Banks, DMBs and insisted that process remains transparent. Reacting to allegations that some banks were using different rates for different Forex end-users, in connivance with officials of the apex bank, CBN’s spokesman, Mr, Isaac […]

Nigerian Interbank Rate Eases On Liquidity Injection

Nigerian Interbank Rate Eases On Liquidity Injection

LAGOS Jan 27 (Reuters) – Nigeria’s interbank lending rate dropped 6.5 percentage points on Friday to 5 percent on average as the money market was awash with cash from budgetary disbursal and coupon payment on matured bonds, traders said. The cost of borrowing among commercial lenders closed at 11.5 percent last week due to drop […]

GTBank Empowers Nigerian Artists Through Its ‘ARTmosphere’ Initiative

GTBank Empowers Nigerian Artists Through Its ‘ARTmosphere’ Initiative

    On Friday, the 27th of January, 2017, artists and art lovers will converge at the Ndubuisi Kanu Park, Ikeja, Lagos, to create ‘on-the-spot’ works of art ranging from painting to photography. The event, tagged: ARTmosphere, will bring together the present and the future of Arts in Nigeria, to inspire them with the life […]

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