UBA unveils braille account form for visually impaired people
The UBA Braille Account Opening Form is a first-of-its-kind effort in the Nigerian and African markets, created exclusively to meet the financial…
Banking
All the news and updates from the banking sector; Access Bank, GTBank, First Bank, First City Monument Bank, United Bank of Africa etcs
Digital bank Eyowo to cut 11% of its employees
A digital bank, Eyowo, has announced that it will lay off 11% of its staff as the company undergoes internal restructuring. This was revealed…
Wema Bank raises N21bn capital, reaffirms commitment to rights issue
Wema Bank Plc has reaffirmed to shareholders that it will carry out the anticipated rights issue before the end of this year and that…
Multipurpose NIN, debit cards free, not mandatory – FG
The Federal Government has said that the multipurpose NIN and debit cards given to Nigerians by banks are free but not compulsory.…
CBN raises interest rate to 18.5%
The Central Bank of Nigeria has announced its increase of the Monetary Policy Rate from 18% to 18.5%. Channels TV reported the…
Full list of microfinance banks delicensed by CBN
Kazeem Owoseni The Central Bank of Nigeria has revoked the operating licences of 132 microfinance banks, three finance companies, and four primary…
Access Bank launches Paris-based french subsidiary
Access Bank Plc, the flagship company of Access Holdings Plc, officially established its subsidiary in Paris, France, on Thursday. According to Arise…
Why BVN has no expiry date — CBN
By Wilson Adekumola The Central Bank of Nigeria, has reacted to reports suggesting that the Bank Verification Number expires after 10…
Easy guide for BVN registration
If you’re looking to open a bank account in Nigeria, or you already have one, chances are that you have heard about…
Nollywood actor PawPaw becomes TAJBank brand ambassador
Popular actors, Osita Iheme (Pawpaw) and Saratu Daso have been named brand ambassadors by TAJBank Limited, the nation’s top non-interest banking services…
Standard Chartered Bank appoint Olukorede Adenowo new CEO
Olukorede Adenowo has been named the new CEO of Standard Chartered Bank Nigeria Limited. Nairametrics reported that this appointment follows his recent promotion…
Wema Bank’s best yet to come at 78 – MD
By Wilson Adekumola One of the thriving commercial banks in Nigeria, Wema Bank, marked 78 years in the banking industry, saying…