Leading Nigerian lender and largest bank by asset, Access Bank Plc, has announced a binding agreement to merge its Zambian subsidiary (Access Bank Zambia) with African Banking Corporation Zambia Limited…
Continue readingIn a bid to provide long-term funds for the delivery of critical infrastructure across the length and breadth of the country, United Capital Plc, a leading financial services group, has…
Continue readingDespite widespread concerns over the continuous charge of account maintenance fees from the bank accounts of customers, naijabusiness.com.ng can authoritatively report that ten (10) Nigerian banks raked in a total…
Continue readingAmid massive global interests from quality investors all over the world, Access Bank Plc has successful launching a milestone $500 million 144A/RegS Senior Unsecured Eurobond, as part of its Global…
Continue readingEleven (11) Nigerian banks listed on the Nigerian Exchange Limited (NGX) has generated a total of N288.71 billion from electronic banking fees in the first half of the year, findings…
Continue readingThe Central Bank of Nigeria (CBN) has directed Commercial Banks and Payment Service Providers (PSPs) in the country to henceforth honour all end-to-end bulk payments or transfers request issued by…
Continue readingNigerian Banks increased their total loans to the Nigerian economy by N1.55 trillion between December 2020 and May 2021. This is according to the information contained in the monetary policy…
Continue readingTen years ago, you could hardly count up to five (5) women leading various banks in Nigeria, however, in recent times, analysts and keen observers of the Nigerian banking sector…
Continue readingThe Coronation Asset Management stated in a new report titled ‘Nigerian banks: Resilience built in’, that Nigerian banks have shown more resilience that their counterparts in Sub-Saharan Africa. In the…
Continue readingFOREX SHORTAGE TO HIT $5BN IN NIGERIAN BANKS Nigerian banks’ foreign currency funding gap will rise to $5bn over the current low oil prices, volatile foreign inflows and lower remittances…
Continue reading