Banking

NIGERIAN billionaire and former chairman of Forte Oil PLC, Femi Otedola, has reportedly taken over First Bank of Nigeria Plc.Reports on Friday stated that Otedola took over the…
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EVERY other day, social media brings us a picture or video of a dilapidated school somewhere in Nigeria or shares images of a distraught widow, a struggling roadside trader or street…
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By Lawrence White and Iain WithersIT was an email offering a discount on an electric toothbrush that began the sequence of events that ruined Anna's life.Within…
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THE Central Bank of Nigeria has said that travellers who buy foreign exchange from banks for travel purposes but fail to embark on the trip two weeks after their scheduled travel date…
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THE Central Bank of Nigeria has directed banks and payment service providers (PSPs) to start the processing of end-to-end bulk payments or transfers on their platforms.The apex…
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THE First Bank of Nigeria Limited has announced the launch of the LIT Application, created to revolutionise the culture and experience of mobile banking in Nigeria. In…
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ACCESS Bank Plc declares 30 kobo interim dividend as half year profit expands. Nigeria’s largest bank by total assets posted a profit before tax of N97.49 billion, a 31% increase above…
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BANKERS are set to discuss strategies for global competitiveness as the Chartered Institute of Bankers of Nigeria (CIBN) inducts members, according to a statement from the institute. …
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DEFAULTERS of the new foreign exchange policy in the banking industry may face criminal prosecution by the Central Bank of Nigeria.This was contained in the emails sent by banks to…
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AS the world is evolving digitally, Nigerian banks are currently looking for ways to make the banking experience better and FirstBank is not an exception to this aggressive drive. The…
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