By Bashir Olanrewaju Keystone Bank unilaterally imposed higher interest rates on some recipients of Central Bank of Nigeria (CBN) intervention funds … More
Tag: nigerian banks
Bank Heists in the Digital Era: a Customer’s Woes at FCMB
These days criminals can breach the computer systems of financial institutions to reach the digital equivalents of the good, old vaults, and move large sums of money that would’ve made the bank robbers of old quite envious.
Nigeria Central Bank’s Perspective on Open Banking
Nigeria Central Bank’s Perspective on Open Banking By Charles Ogbonna The Central Bank of Nigeria (CBN) recently unveiled a document … More
PAPSS, the Pan-African Payments System: What You Must Know
PAPSS, the African Payments System: What You Must Know By Chuks Emele The Pan-African Payments and Settlements System (PAPSS) went … More
Stanbic IBTC Applies to Regulators for Fintech Subdidiary
Stanbic IBTC Applies to Regulators for Fintech Subdidiary By Chuks Emele Stanbic IBTC has applied for regulatory approval to set … More
Union Bank Goes to Titan as Owners Sign Deal to Divest
Union Bank Goes to Titan as Owners Sign Deal to Divest By Bashir Olanrewaju Union Bank Plc, Nigeria’s second-oldest bank, … More
CBN Mandates Watchlist for Banking Infractions
CBN Mandates Watchlist for Banking Infractions By Sahabi Abdul The Central Bank of Nigeria has mandated the creation of a … More
Access Bank’s $500 Million Eurobond Oversubscribed
Listen to this story. Access Bank’s $500 Million Eurobond oversubscribed By Sahabi Abdul Access Bank said a successful pricing of … More
CBN Intervenes at First Bank, Dissolves Board
By Bashir Olanrewaju The Central Bank of Nigeria intervened at the the country’s oldest bank by dissolving it’s board of … More
The Bad Example of Zenith Bank
The Bad Example of Zenith Bank By Dulue Mbachu When the news broke some weeks ago that Zenith Bank had … More
Court Grants Request to Freeze 193 Accounts Over Alleged Forex Fraud
Court Grants CBN Request to Freeze 193 Accounts Over Alleged Forex Fraud By Sahabi Abdul Nigeria’s federal high Court in … More
Markets at a Glance
Markets at a Glance Thursday, 25 March 2021. EQUITIES The All-Share Index rose 0.53% to39,293.14 with market capitalization at 20.55 … More
New Cheque Design Takes Effect April 1
By Bashir Olanrewaju The current cheque design used in Nigeria’s banking system will finally be phased out by April when … More
Markets at a Glance
Friday, 5 February 2021 EQUITIES • The All-Share Index fell 0.18% to41,709.09 with market capitalization at 21.81 trillion naira. • … More
Markets at a Glance
Thursday, 4 February 2021 EQUITIES • The All-Share Index fell 0.51% to41,785.80 with market capitalization at 21.85 trillion naira. • … More
Markets at a Glance
Wednesday, 3 February 2020 EQUITIES • The All-Share Index fell 0.10% to42, 000.01 with market capitalization at 21.97 trillion naira. … More
Markets at a Glance
Tuesday, 2 February 2021 EQUITIES • The All-Share Index fell 0.74% to42, 043.79 with market capitalization at 21.9 trillion naira. … More
Markets at a Glance
Monday, 1 February 2021 EQUITIES • The All-Share Index fell 0.13% to42, 357.90 with market capitalization at 22.15 trillion naira. … More
Markets at a Glance
Friday, 29 January 2021 EQUITIES • The All-Share Index rose 0.58% to42, 412.66 with market capitalization at 22.18 trillion naira. … More
Markets at a Glance
Thursday, 28 January 2021 EQUITIES • The All-Share Index rose 0.57% to 42,169.41 with market capitalization at 22 trillion naira. … More