Browsing Category
Banking
Stanbic FY 2019: Modest earnings despite frail Q4 performance
Stanbic recently released its FY 2019 UNAUDITED results wherein Gross Earnings grew 5% y/y growth to N233.8…
UBA announces board appointments
The United Bank for Africa (UBA) Plc has announced the appointments of Aisha Hassan-Baba and Kenneth Orji as…
Firstbank wins mobile app, retail bank awards
First Bank of Nigeria Limited has been named 2019 “Best Mobile Banking App” and the “Fastest Growing Retail Bank”…
CBN raises Cash Reserve Ratio to 27.5%
The Central Bank of Nigeria has raised the Cash Reserve Ratio from 22.5 per cent to 27.5 per cent.
Briefing the…
Banking sector gross credit grows by N2trn in 7 months — Emefiele
The Central Bank of Nigeria governor, Godwin Emefiele (CBN) says the Banking Sector Gross Credit has grown by two…
Central Bank of Nigeria appoints directors
The Central Bank of Nigeria (CBN) has announced the appointment and redeployment of some directors.
A statement…
ACCA study sees low economic confidence, debt risks
A gauge of the nation’s economic confidence in the fourth quarter (Q4) 2019, showed not just a dip, but a decline…
Africa is resurging, AfDB encourages global investors
The African Development Bank (AfDB), yesterday, told global investors that the continent is resurging with huge…
Afreximbank announces $1-billion Adjustment Facility, Other AfCFTA Support…
Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank), yesterday in Niamey, addressed…
Network hitches linger as slow Internet impacts banking, businesses
It appears there is no respite yet for consumers, especially those who make use of the Internet facility, as the…
Ecobank partners USAID, NIRSAL, DBN on agric funding
Ecobank Nigeria is opening up multiple partnerships with the United States Agency for International Development…
UBS cuts mid-term guidance after missing 2019 targets
UBS Group AG has cut its mid-term guidance after missing its key targets for 2019.
The results come as the Swiss…
GTBank Reduces “Quick Credit” Interest Rate To 1.33% Monthly
Guaranty Trust Bank, Nigeria’s largest bank by market capitalization, has crashed its interest rate for its ‘quick…
Customers Slam GTBank Over Several Hours Of Downtime
Nigerian multinational financial institution Guaranty Trust Bank plc also known as GTBank is currently having…