Union Bank increases Non Performing Loan by 34.29 % in nine months
Union Bank increases Non Performing Loan by % in nine months Union Bank of Nigeria Plc has declared per cent increase in the Non-Performing Ratio (NPL) for the nine…
FBN Holdings appoints Oyewale Ariyibi new CFO
FBN Holdings appoints Oyewale Ariyibi new CFO FBN Holdings Plc has announced the appointment of Mr. Oyewale Ariyibi as the new Chief Finance Officer (CFO) of the holding company. Company…
ETI gives one week grace to Oceanic Bank preference shareholders to convert to ordinary shares
ETI gives one week grace to Oceanic Bank preference shareholders to convert to ordinary shares Ecobank Transnational Incorporated (ETI) has advised Oceanic Bank preference shareholders to convert it to ordinary…
Zenith Bank profit grows by N16bn in nine months
Zenith Bank profit grows by N16bn in nine months By Kayode Ogunwale Zenith Bank Plc has reported surged of billion represented per cent in its profit after tax…
Ecobank partners Mastercard, to roll-out Masterpass QR across 33 countries
Ecobank partners Mastercard, to roll-out Masterpass QR across 33 countries The Ecobank Group has signed a Memorandum of Understanding (MoU) with Mastercard to roll-out Masterpass QR, a mobile payment solution,…
GTBank earnings surges by N100bn in Q3 2016
GTBank earnings surges by N100bn in Q3 2016 Guaranty Trust Bank Plc has announced billion increase in its interim financial statements for the period ended 30 September 2016. According to…
Uber partners with First Bank to offer loans to Nigerian drivers
Uber partners with First Bank to offer loans to Nigerian drivers Bloomberg: Uber Technologies Inc. is partnering with FBN Holdings Plc’s First Bank Nigeria to provide loans to drivers as…
CBN amends guidelines on transaction switching in Nigeria
CBN amends guidelines on transaction switching in Nigeria In its efforts to strengthen electronic payments system landscape in Nigeria, the Central Bank of Nigeria (CBN) has adopted international best practice…
Access Bank Ghana to raise $26 million through IPO
Access Bank Ghana to raise $26 million through IPO Access Bank Ghana Limited will begin an initial public offering on October 19, 2016 that it hopes will raise funds to…
CBN to penalize customers withdrawing above $50,000 in a year
CBN to penalize customers withdrawing above $50,000 in a year In its efforts to stabilized Naira against foreign currencies especially dollar, the Central Bank of Nigeria (CBN) has said customers…