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

Ecobank Group appoints Osei-Poku as regional exec for anglophone W/Africa

The Board of Ecobank Group, the pan-African financial services group has announced

Onwubuke Melvin Onwubuke Melvin

First bank appoints five new directors

Nigeria's foremost bank banking with a legacy spanning 130 years, FBN Holdings,

Alex Omenye Alex Omenye

Parallex Bank opens Uyo branch

One of the newest commercial banks in Nigeria, Parallex Bank, has opened

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Banks suggest alternatives amid internet banking outage

As mobile applications and internet banking services continue to be unavailable for

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Bank directors seek lawmakers, regulators cooperation on policies

The Bank Directors Association of Nigeria has called for cooperation between lawmakers,

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Unity Bank, SkillPaddy partner, train 1,000 female software engineers

Unity Bank Plc has partnered with tech platform, SkillPaddy, to train 1,000

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FX payments rose to $1.3bn in February – CBN

Foreign remittances into the nation increased to $1.3 billion in February 2024

Bisola David Bisola David

Africa imports 80% of medicines, says AfDB

By Melvin Onwubuke   The President of the African Development Bank, Akinwumi

Bisola David Bisola David

Egypt floats pound, loses over third of value

Egypt's central bank announced Wednesday it was floating the pound in a

Agency Report Agency Report

Naira falls at official rate despite dollar weak gains

The Naira lost value at the official exchange rate on Tuesday, after

Bisola David Bisola David

Bank of Ghana suspends GTB, First bank’s FX licenses over non-compliance

By Melvin Onwubuke   The Bank of Ghana has announced the suspended

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Natural catastrophes, conflict pose danger to countries’ financial stability – Cardoso

The governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso, has

Bisola David Bisola David