Directors purchase N841m worth of shares in Zenith Bank
In December, two Zenith Bank Plc directors and the Zenith Staff Provident Fund purchased about N841 million in Zenith Bank Plc shares.…
Banking
All the news and updates from the banking sector; Access Bank, GTBank, First Bank, First City Monument Bank, United Bank of Africa etcs
Access Bank gets Hong Kong license, to begin operations 2024
Access Bank Plc, via Access Bank UK, its UK subsidiary, has been granted permission to start official banking operations in Hong Kong.…
Nigerian banks didn’t fail international authorization requirements – CBN
The Central Bank of Nigeria has assured the public that the Nigerian banking industry is strong and that banks are meeting various…
Bank directors association of Nigeria records 29.7% income surge in 2022
The Bank Directors Association of Nigeria have revealed that the association’s income increased by 29.7 percent in 2022 compared to the previous year.…
Nigeria exchange banking index records six percent increase – Report
In contrast to other indexes on the local exchange, the Nigeria Exchange Limited’s banking index saw the biggest weekly gain of 6.08…
Providus Bank introduces dual-purpose card for SMEs
Providus Bank Limited has announced a collaboration with MasterCard to launch an innovative payment solution for business customers, allowing for seamless transactions…
UBA wins Bank-of-the-Year award in Nigeria, seven other countries
United Bank for Africa Plc has been named African Bank of the Year at The Banker Magazine’s 2023 Bankers Awards, a subsidiary…
No BVN, NIN, no bank transactions from April — CBN
The central bank has declared that all bank accounts without a BVN and NIN will be placed on “Post no Debit” status…
Access Pensions introduces financial education to thirty schools
Access Pensions has launched an educational effort to give financial education to children in 30 Nigerian secondary and primary schools. According to…
Yuletide: Zenith bank lights up Lagos communities
Zenith Bank has kicked off the Yuletide season by lighting up Ajose Adeogun Street and Roundabout in Lagos’ Victoria Island. The Group…
FX backlog: CBN pays 31 banks in parts
The Central Bank of Nigeria announced that it made tranche payments to 31 banks in order to erase a backlog of foreign…
Former GTB director appointed Jaiz Bank MD
A former Executive Director of Guaranty Trust Bank, Haruna Musa, has been named Managing Director/Chief Executive Officer of Jaiz Bank Plc. The Punch revealed…