Banking

All the news and updates from the banking sector; Access Bank, GTBank, First Bank, First City Monument Bank, United Bank of Africa etcs

Latest Banking News

Mobile transactions hit N4.86tn Q1 2022 – NIBSS

Nigerians’ use of mobile channels for payment transactions has risen by 3,454.46

Agency Report Agency Report

CBN introduces USSD to boost eNaira

The Central Bank of Nigeria plans to introduce the Unstructured Supplementary code

Sam Adeniyi Sam Adeniyi

Unity bank projects N10.8bn gross earnings Q3 2022

Unity Bank Plc has announced that it aims to achieve N10.890 billion

Sam Adeniyi Sam Adeniyi

28 banks Join $500m pan-African settlement platform

One year after the African Continental Free Trade Agreement take-off, no fewer

Sam Adeniyi Sam Adeniyi

UBA redeems five-year $500m Eurobond

The United Bank for Africa has redeemed its debut $500 million five-year

Sam Adeniyi Sam Adeniyi

Ondo communities groan as robberies halt banking operations, frustrate economic activities

A resident of Idoani in the Ose Local Government of Ondo State,

Agency Report Agency Report

Titan Trust completes takeover of Union Bank 

Union Bank Plc has announced the completion of core investors’ sale of

Agency Report Agency Report

CBN retains 5% interest rate for power sector, others

Sequel to its development finance initiative, the Central Bank of Nigeria has

Agency Report Agency Report

Banks borrow N338.4bn from CBN in one month

Cash-strapped banks borrowed N338.5bn from the Central Bank of Nigeria in January

Agency Report Agency Report

Why accounts of 50 firms operating loan apps are frozen –FCCPC

Babatunde Irukera is the Executive Vice-Chairman/Chief Executive Officer of the Federal Competition

Agency Report Agency Report

Paper currency will soon be out of circulation -CBN official

The Central Bank of Nigeria has said that paper currency will soon

Agency Report Agency Report

Banking sector remains resilient, says CBN

The Nigerian banking sector remained resilient in February, according to a report

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