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Banking
Banks margin to remain pressure as lending rates plunge
INDICATIVE of the apex bank continuous dovish stance on interest rate, lending rate plunged in October and analysts said banking sector margin will continue to remain pressured.!-->!-->!-->…
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UBA wins Best Bank of the Year, International Bank of the Year at BAFI Award
PAN-African financial institution, United Bank for Africa (UBA) Plc, carted two highly coveted laurels at the BusinessDay’s Bank and other Financial Institutions Awards (BAFI) winning!-->…
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Glorious night: FBNHoldings group wins big at the 2020 ‘Great Place To Work’ awards
FBNHOLDINGS Group won big at the 2020 Great Place To Work award ceremony held last week Friday in Lagos.The Holdings Company along with its subsidiary companies; First Bank of!-->!-->!-->…
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Covid-19: FirstBank launches ‘Next Generation ATM’, spearheads innovation in electronic…
FIRST Bank, through the inventiveness of its management, has launched a Next Generation ATM known as the FastTrack ATM.The First track ATM is the bank's own special contribution to!-->!-->!-->…
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Disruption, restructuring to shape future of banks earnings
WITH the waves of disruptions, banks earnings have been projected to shift to non-interest assets driven amidst low interest rate environment.Notably, analysts believe that banks!-->!-->!-->…
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CBN debits on banks to rise as economic condition prevents lending
THE Central Bank of Nigeria debits on banks is expected to rise in the second half of 2020 as weak economic condition prevents lending, some analysts have said.It was gathered that!-->!-->!-->…
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Nigerian banks make gradual shift to Universal Banking Model
THERE is an indication that Nigerian banks are making gradual shift to Universal Banking Model with serial record of adoption of holding structure in the recent time.In actual!-->!-->!-->…
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Why Nigerian banks impressive profits fail to raise stocks prices
SOME investment experts said sentiments, weak macroeconomic condition are the key reasons why banks impressive profits have consistently failed to raise stock prices.In the stock!-->!-->!-->…
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WEMA Bank to hold innovation challenge, offers $4000 business supports
WEMA Bank Plc calls for entries to pitch solutions in Agritech, Healthtech, others, as lenders set to hold innovation challenges.In a statement, the bank said at least 10!-->!-->!-->…
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Banks returns projected to rise as rate cut lower funding costs
FOLLOWING the recent drop in the monetary policy rate by the Monetary Policy Committee (MPC) of the Nigeria’s Central Bank, analysts have explained that deposit money banks are in!-->…
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