Category: Money Market

Union Bank partners Connect Nigeria to honour Nigeria’s Top 100 Emerging SMEs

R-L: Paul Aseme, Head Retail Segments, Union Bank; Mabel George, Vice President, Business Development-West, Sigma Pensions; Emeka Okafor, Chief Executive Officer (CEO), Connect Nigeria; Akpan Ikoabasi, Sales Manager, Air France-KLM and Eyo Bassey, CEO, Payporte at the Connect Nigeria E-Business Fair where the Union Bank Top 100 Emerging SME List was launched recently at the…

Fitch affirms Sterling Bank’s Ratings, Outlook Stable

  Fitch Ratings has affirmed Sterling Bank’s Long-Term Issuer Default Rating (IDR) of ‘B-’ and National Long-Term Rating of ‘BBB-(nga)’ with a stable outlook for reasons that include its coherent strategy and ability to attract more stable deposits in challenging operating conditions. Cutting through the industry’s jaded product offerings through innovation, the leading Tier Two…

Keystone Bank launches new mobile banking app

Nigeria, Keystone Bank launches new mobile banking app. Keystone Bank, one of the lending financial institutions in Nigeria on Wednesday February 7, 2018, announced the launch of its new mobile banking application which, according to the bank, has many user-friendly features that can be accessed from a mobile phone. The new mobile app has, as stated…

Skye Bank’s rewarding customers, gets applauds from Obazelu of Benin

The Obazelu of Benin Kingdom, Chief Osaro Idah, has praised Skye Bank Plc for rewarding loyal customers, making people happy and helping their businesses to grow. He disclosed this during the presentation of N1 million cheque to Mrs. Eunice Odubor, an Inspector with Civil Defence Corps, who emerged a lucky winner in the bank’s on-going…

CBN Plans To Sanction Defaulting Exporters Over Forex Repatriation 

The Bankers’ Committee yesterday announced that the Central Bank of Nigeria (CBN) will commence sanctioning exporters who fail to repatriate foreign exchange proceeds from their international business. Addressing financial journalists at the end of the Bankers’ Committee meeting in Lagos, Citibank Nigeria Managing Director/CEO Akin Dawodu pointed out a provision in the Central Bank of…

2018Valentine Campaign: FCMB To Rewards 100 Youth With Active Accounts 

The management of First City Monument Bank (FCMB) to motivate about 100 customers among its youth segment with cash rewards, other exciting prizes and engagements to commemorate this year’s Valentine’s celebration. In its annual campaign tagged, “Banking on Love”, the lender said many young and even some older people view the February 14th Valentine Day celebration…