ACCESS Bank has introduced a financing scheme for procurement of phones for more Nigerians to get connected to more businesses online and deepen financial inclusion. Victor Etuokwu, Executive Director, Retail Banking, said in a statement on Wednesday in Lagos that…
Sterling Bank grows interest income by 19.1%
STERLING Bank Plc has recorded a net interest income growth of 19.1 percent to N30.4 billion for the half year ended June 30, 2019 as against N25.5 billion for the corresponding period of 2018, an indication of improvement in its…
FIRSTBANK CONVENES SME WEEK, REINFORCES ITS SUPPORT TO THE ENGINE OF THE ECONOMY
First Bank of Nigeria Limited, as part of the launch of its specialized SME propositions, has announced the convening of its SME Week scheduled to hold in the week 5 – 9 August 2019. Customers and non-customers of First Bank can…
Ecobank appoints new Chief Financial Officer
Ecobank Transnational Incorporated, the Lome-based parent company of Ecobank Group, has announced the appointment of a new Chief Financial Officer (CFO). Ayo Adepoju, the new CFO, was also named a member of the company’s Group Executive Committee. The new official,…
CBN awards MTN subsidiary licence to provide financial services
The Central Bank of Nigeria (CBN) has awarded a subsidiary of MTN a licence that would allow it to provide financial services. CBN last year announced that it would allow telecom companies to provide banking services that are aimed at…
UK Doubles Export Finance Credit To Nigeria
UK Doubles Export Finance Credit To Nigeria – With Boris Johnson, who promised to take the United Kingdom out of the European Union
FIRSTBANK PARTNERS EVENTFUL TO SUPPORT SMES IN THE FASHION INDUSTRY
As part of efforts to provide access to market and provide opportunities for entrepreneurs in the Small Medium Scale Enterprise (SMEs) of the fashion industry, First Bank of Nigeria Limited partnered with Eventful Limited on its event, fashion souk, a…
China’s central bank needs to head off rising challenge posed by cryptocurrencies
Facebook’s announcement of calling Libra a digital currency has sparked much debate, which is still continuing in the technology, finance and political fields. In addition to criticism toward data privacy and trading security, attention has been given to the future…
Zambian president sacks finance minister
Zambian President Edgar Lungu has sacked Finance Minister Margaret Mwanakatwe, his office said in a statement on Monday. Bwalya Ng’andu, central bank deputy governor, will take over as finance minister, the statement stated. However, the statement did not give any…
FirstBank restates commitment to children with special needs
9 July 2019 News Release First Bank of Nigeria Limited, Nigeria’s premier and leading financial institution, has reiterated its commitment to impact the lives of the less privileged and children living with disabilities across the country and in its host…