Shareholders optimistic Oseni will deepen Wema Bank’s growth
•Laud Adebise for reforms Shareholders yesterday were unanimous in their support for the leadership succession at Wema Bank Plc with the active retail shareholders expressing […]
Banks
Ebuka wonders how much banks rake in from failed, unreversed transactions
Popular television host and lawyer, Ebuka Obi-Uchendu has pondered on how much banks rake in from failed or unreversed transactions. Thinking aloud, the Big Brother […]
Banks stop naira cards for online, PoS transactions abroad
Banks have announced stoppage of use of naira card for International online and Point of Sale (PoS) transactions. The banks also placed limits on how […]
Why banks repriced loans after rate hike, by experts
Banks are reviewing lending rates for loaned funds after the Central Bank of Nigeria (CBN)-led Monetary Policy Committee (MPC) decision to raise benchmark interest rate […]
CBN: Banks’ annual loans to businesses hit N6.69tr
The value of new cash deposits attracted by banks to their vaults in the last one year rose to N6.69 trillion, the Central Bank of […]
FITC to film industry: partner banks for funding, national growth
The Financial Institutions Training Centre (FITC) has called for collaboration between the Film Industry and Financial Institutions to stimulate funding and achieve greater impact on […]
Banks run out of new naira, demand soars
•Cashiers ration new notes, lenders allot N100,000 per teller in banks •Suspicious customers snub new notes as local traders reject new currency •Court declines to […]
PenCom names 34 approved mortgage banks
The National Pension Commission (PenCom) has approved 34 mortgage banks for the implementation of acquisition of residential mortgages by Retirement Savings Account (RSA) holders. Of […]
NDIC: banks’ asset quality, capital adequacy stable
The Nigeria Deposit Insurance Corporation (NDIC) has said that indicators in the financial system shows that the banking sector is safe and sound. NDIC Managing […]
Tech firm to assist banks, other companies in fixing connectivity challenges
Liquid Intelligent Technologies has said it will be accelerating Nigeria’s digital transformation to support banks, other financial institutions, and companies in tackling network and connectivity […]