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    How banks Balance Sheet reacts to CBN LDR directive in Q3 2019

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    11 Nigerian banks made top 100 social media using banks

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    Sterling Bank Plc

    Sterling Bank Q3 2019 profit dip by 8% on trading, other operating income

    Jaiz Bank H1 2019 financial performance and result

    Jaiz Bank releases Q3 2019 results, post N1.25bn Profit on Sukuk

    Union Bank Q3 2019

    Union Bank Q3 2019 profit up by 4% to N15bn on Fees, Loan Recoveries.

    Fidelity Bank Q3 2019 result

    Fidelity Bank post N21.5bn in Q3 2019 results with impressive growth

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    Nigerian Banks on Social Media

    Nigerian Banks on Social Media – How popular is yours as at Dec. 2019

    CBN LDR directive as it affects Banks Q3 and Q2 2019

    How banks Balance Sheet reacts to CBN LDR directive in Q3 2019

    FCMB group Q3 2019 results

    FCMB Q3 2019 result shows drop in PAT by 5% on declines in FX gains

    11 Nigerian banks made top 100 social media using banks

    11 Nigerian Banks make world’s top 100 social media savvy Banks

    Sterling Bank Plc

    Sterling Bank Q3 2019 profit dip by 8% on trading, other operating income

    Jaiz Bank H1 2019 financial performance and result

    Jaiz Bank releases Q3 2019 results, post N1.25bn Profit on Sukuk

    Union Bank Q3 2019

    Union Bank Q3 2019 profit up by 4% to N15bn on Fees, Loan Recoveries.

    Fidelity Bank Q3 2019 result

    Fidelity Bank post N21.5bn in Q3 2019 results with impressive growth

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Bank staff arrested for allegedly stealing N137m and other banking news

N306.3m Fraud – Unity bank ex-staff dismissed and other banking news of the day
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EFCC Arrests Fidelity Bank Employee For Allegedly Stealing N137m

The Economic and Financial Crimes Commission, (EFCC), Ibadan zonal office, has arrested one Kehinde Olumide Agbabiaka, a sales agent of Fidelity Bank Plc. for allegedly stealing N137,000,000 million. His arrest was sequel to a petition jointly penned by … Leadership

Banks Intensify Drive to Meet 60% Loan-to-Deposit Target

With two weeks to the September 30 deadline given by the Central Bank of Nigeria (CBN) for commercial banks to maintain a minimum Loan-to-Deposit Ratio (LDR) of 60 per cent, the financial institutions have launched an aggressive deposit drive … This Day

Buhari appoints Soludo, others as advisers, disbands Osinbajo’s team

President Muhammadu Buhari yesterday replaced the Economic Management Team (EMT) headed by Vice President Yemi Osinbajo with an Economic Advisory Council (EAC). The new EAC, which reports directly to the president, will be chaired by … Guardian

2020 Budget: FG Retains $55 Benchmark Despite Oil Price Spike

The federal government yesterday ruled out revising upward the $55 per barrel oil price benchmark adopted for the 2020 budget despite a spike in value of the commodity in the global market in the aftermath of Saturday’s drone attacks on Saudi Arabia … This Day

NFIU admits writing leaked letter seeking senators, judicial officers’ bank details

After several denials, Nigeria Financial Intelligence Unit (NFIU) finally admitted on Monday that the letter asking legislators and judicial officers to acquaint it of their bank account details indeed emanated from it. NFIU, however, attributed it … Nigerian Tribune

Afreximbank opens registration for 20th Trade Finance Seminar

The African Export-Import Bank (Afreximbank) has announced the opening of registration for its 20th Afreximbank Trade Finance Seminar and Workshop, which will take place in Durban, South Africa, from 4 to 7 November 2019.  The seminar … Daily Sun

Heritage, NEXIM banks’ CEOs to speak at FICAN workshop

The managing directors of Heritage Bank Limited and Nigerian Export-Import Bank  (NEXIM)  Limited , Ifie Sekibo, and Abba Bello, have all confirmed their attendance at the forthcoming Finance Correspondents Association of Nigeria (FICAN) Annual … Daily Sun

How to make Banker’s Acceptance on trade finance successful

A Banker’s Acceptance (BA) is a draft drawn on and accepted by a bank, unconditionally ordering payment of a certain sum of money at a specified time in the future to the order of a designated party.  Since the instrument is negotiable … Daily Sun

Polaris Bank conducts risk management training for business partners

Polaris Bank recently conducted a training program which focused on Risk Management practices for its business partners (service providers/vendors) that seek to scale and improve efficiency of these partners. The training program held in Lagos … Daily Sun

Ecobank staff rationalisation didn’t follow due process –Ex-employee

Mr Nurudeen Apena, was one of the recently disengaged core staff of Ecobank Nigeria. He spoke to Uche Nnamani on some of the issues that led to the mass sack and efforts to get the bank to pay balance of affected ex-employees severance package … Daily Sun

Unity Bank, Airtel Africa, others lead stock market’s N100b loss

Trading on the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, following losses suffered by most bluechip stocks, especially Unity Bank and Airtel Africa, as market capitalisation slumped by N100 billion … Guardian

What CBN should do with Buhari’s forex directive

AS the Central Bank of Nigeria, CBN, gets set to execute President Muhammadu Buhari’s directive on restriction of foreign exchange for importation of agro-food items, we draw attention to issues that should be of utmost importance in the collective … Vanguard

CBN to auction N179bn treasury bills

The Central Bank of Nigeria (CBN) will this week seek refinance N179 billion worth of maturing treasury bills (TBs) via primary auction  of  91-day bills, 182-day and 364-day notes, according to financial analysts. This may be the next level of the … Daily Sun

Mortgage Warehouse Funding pre-finances N88.5m mortgages

MORTGAGE Warehouse Funding Limited, MWFL, under its N20 billion asset-backed Commercial Paper programme said it has pre-financed its first series of mortgages to Trustbond Mortgage Bank Plc … Vanguard

FBNQuest Trustees Marks 40th Anniversary

FBNQuest Trustees Limited, an FBN Holdings company on Friday, celebrated its 40th anniversary as a leading provider of world-class trust and estate planning services in Nigeria. The event themed “A Legacy that Preserves Legacies” … nporeport

Ex-CBN boss loses as tribunal upholds Makinde’s victory

The Oyo State governorship election petition tribunal sitting in Ibadan on Monday dismissed the petition of a governorship candidate of the All Progressives Congress (APC), Adebayo Adelabu, for lacking merit. Adelabu, a former deputy governor of … Daily Trust

Agric Innovation, Technology Critical To Poverty Reduction In Developing Countries – World Bank

Developing countries need to dramatically increase agricultural innovation and the use of technology by farmers, to eliminate poverty, meet the rising demand for food, and cope with the adverse effects of climate change, a new World Bank report … Daily Independent

EcobankPay hits N2bn transactions value, 100,000 Merchants onboard

Ecobank Nigeria has disclosed that over 100,000 merchants have been on-boarded on the EcobankPay platform with transaction value reaching N2billion. EcobankPay offers customers a multi-channel payment experience that includes Mobile … Business Hallmark

South Africa begs as exit of Nigerians hurts economy

South African President Cyril Ramaphosa yesterday apologised to Nigeria for the xenophobic attacks on its citizens. The apology was tendered to President Muhammadu Buhari in the State House, Abuja, by the two special envoys the South African … Guardian

‘Lack of incentives driving youths away from agriculture’

GOVERNMENT at all levels have been advised to invest hugely in agriculture in order attract youths. An Anambra industrialist, Chief Walter Chigbo, gave the advice in a chat with newsmen in Awgbu, Orumba North Local Government Area … The Nation

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FirstBank sponsored 2019 National Company of The Year Competition winner, to contest in Africa competition

by Nigerianbanker
December 7, 2019
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First Bank of Nigeria Limited has announced that Taidob College Abeokuta, the 2019 winners of the National Company of the Year competition...

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Nigerian Stock Market loast N71bn WoW

Nigerian Stock Market lost N71bn, Banking Index declined by 1.16% WoW.

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Nigerian Banker | Expanding your knowledge about Banking and the Economy

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