Banking - News Agency Of Nigeria

Scarcity of cash: CBN unveils eNaira enhanced services for unbanked, underserved

On: February 23, 2023

By Lydia Ngwakwe The Central Bank of Nigeria (CBN) in collaboration with ChamsMobile Ltd. and Super Agents have developed the eNaira enhanced services to address challenges faced by the unbanked and the underserved. Mr Bayo Akintoye, Founder/ Chief Executive Officer of Bullnet platform, unveiled the new innovationContinue Reading

AfDB sustainable energy fund provides $1bn assistance

By: Julius Toba-Jegede

On: January 31, 2023

In: Banking

By Temitope Ponle The Sustainable Energy Fund for Africa (SEFA), of the African Development Bank (AfDB) Group, would provide a one-million-dollar technical assistance grant to the Green Mobility Facility for Africa (GMFA). In a statement issued on the website of the AfDB on Tuesday, GMFA would provide technicalContinue Reading

Fidelity Bank issues largest ticket Tier II local bonds

By: Edith Ike-Eboh

On: February 14, 2021

In: Banking, Economy/Business

Fidelity Bank says it has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at 8.5% coupon rate due 2031.Continue Reading

Valentine: Access Bank unveils offers to celebrate customers

By: Edith Ike-Eboh

On: February 12, 2021

In: Banking, Economy/Business

Access Bank has on Friday unveiled series of offers to celebrate its customers to mark 2021 Valentine season.Continue Reading

Senate to invite Emefiele on crypto currencies

By: Rabi'u Sani Ali

On: February 11, 2021

In: Banking, Economy/Business

The Senate has mandated its Committees to invite Governor of the CBN, Mr Godwin Emefiele to brief it on crypto currency transactions.Continue Reading

Polaris Bank rewards first millionaire, others in ‘Save & Win’ promo

By: Edith Ike-Eboh

On: February 10, 2021

In: Banking, Economy/Business

Mr Lucky Okunzuwa, a customer with the Polaris Bank, as emerged as the first millionaire at the maiden draw of the bank’s ongoing promo.Continue Reading

Access Bank partners American Express to broaden card usage

By: Edith Ike-Eboh

On: February 3, 2021

In: Banking, Economy/Business

Access Bank Plc has partnered American Express to broaden the acceptance and usage of American Express cards in the country.Continue Reading

2 micro finance bank staff in court for stealing customers’ N720,508

By: Afonne Emmanuel

On: January 20, 2021

In: Banking, Economy/Business

Two workers of Fina Trust Micro Finance Bank arraigned before an Ikeja Magistrates’ Court over alleged stealing of N720, 508 belonging to customers.Continue Reading

Access Bank to support international expansion drive with HoldCo – Wigwe

By: Edith Ike-Eboh

On: January 19, 2021

In: Banking, Economy/Business

Access Bank Plc says its transition to Holding Company will offer continent-wide opportunities and support international expansion drive.Continue Reading