Banking

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  Devaluation: Banks’ stocks set for tougher times

  Some developments in the domestic and global economy are causing bank stocks to lose...

  • Posted December 2, 2014
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  UBA launches reward scheme for electronic channels customers

  United Bank for Africa (UBA) Plc has announced incentives to encourage its customers to...

  • Posted December 2, 2014
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  NEXIM Bank offers N300bn loan guarantee to exporters

  The Nigerian Export Import Bank (NEXIM) has said it offered N300 billion as funding...

  • Posted November 30, 2014
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  KIA partners Diamond Bank on Auto Loan Scheme

  In a bid to make owning a new car easy, accessible and affordable for...

  • Posted November 30, 2014
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  CBN warns against counterfeiting of naira

  The Central Bank of Nigeria (CBN) in its resolve to sustain stakeholder confidence in...

  • Posted November 28, 2014
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  Banks can withstand impact of oil price decline – NDIC

  The Managing Director of the Nigeria deposit insurance corporation (NDIC) Alhaji Umaru Ibrahim has...

  • Posted November 28, 2014
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  Devaluation: Banks face losses on borrowed funds

  Deposit Money Banks that have obtained foreign loans running into hundreds of millions of...

  • Posted November 28, 2014
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  AMCON completes sale of Enterprise Bank to Heritage Bank

  The Asset Management Corporation of Nigeria (AMCON) yesterday announced the successful completion of the...

  • Posted November 28, 2014
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  Credit to private sector rises to N17.789tn

  Banking sector credit to the private sector increased year-on-year to N17.789 trillion at the...

  • Posted November 27, 2014
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  Banks need strong boards to avoid crisis – BDAN

  The President, Bank Directors Association of Nigeria, Dr. Sonny Kuku, says banks in the...

  • Posted November 27, 2014
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