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    economic sectors with high NPL percentage

    These are the Economic Sectors that may not enjoy more of Bank Loans

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    Staff strenght in banks declines to year low in Q3 2019 – Report

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    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

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Home Article Cartegorisation Banking News

How We Are Stabilizing Polaris Bank-MD; Stakeholders Awaits Regulation On Fintech And Other Banking News Today

Banking news today

Abiru: How We Are Stabilising Polaris Bank

The Group Managing Director (GMD) of Polaris Bank, Mr. Adetokunbo Abiru, yesterday stated the efforts of the new management team to stabilise the defunct Skye Bank and reassured all stakeholders of the bank that it would have no problem meeting its…

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Fintechs, Banks Await Regulation on Open Banking

Operators of financial technology (fintech) companies and banks have urged the Central Bank of Nigeria (CBN) be more innovative in designing the framework for open banking in the country. Speaking recently at the KPMG Cyber Security Roundtable in Lagos,…

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Other banking news today

Naira Weakens As CBN, NAFEX Pump $2bn Into Forex Market

The value of the naira last week weakened slightly against the dollar as the Central Bank of Nigeria (CBN) and the Nigeria Autonomous Foreign Exchange Market (NAFEX) saw an inflow of $2billion. The CBN had intervened with $210 million during the five-day…

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Analyst lauds CBN on review of MTN, banks’ sanctions

A financial analysts and Managing Director/CEO, Highcap Securities Limited, Mr. David Adonri, has commended the Central Bank of Nigeria (CBN) for its intention to review information provided by the telecoms firm and four banks over a dispute on the…

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Sterling Bank Proposes N10m Loan To IITA Agripreneur Trainee

Sterling Bank Plc, is proposing a loan scheme, with a five per cent interest rate, with capacity to provide up to 10 million naira (about $27,777) to a potential beneficiary of the International Institute of Tropical Agriculture, (IITA) trained agripreneur. The scheme…

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NSE: GT Bank, Access Bank, others push equity volume up N13bn

Trading in the Top Three Equities namely – Guaranty Trust Bank, Access Bank Plc and Zenith Bank Plc (measured by volume) accounted for 600.731 million shares worth N13.027 billion in 2,656 deals, contributing 43.84 and 66.80 per cent to the total equity…

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Shareholders Worry Over Investments In Nationalised Banks

With revocation of the Skye Bank Plc operating licence by the Central Bank of Nigeria (CBN), the shareholders of the bank are worried over their investments. CBN had announced the establishment of a bridge bank, Polaris Bank, to take over activities of…

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Consumer protection: CBN tightens noose on banks

As the Central Bank of Nigeria (CBN) recently demonstrated its commitment to sanction banks whose money transfer transactions exceed four minutes, stakeholders last week gave some insights on how financial services providers can avoid sanctions that can eat…

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Access Bank CEO seeks economic empowerment for women

ECONOMIC empowerment for women is needed to promote economic growth and lift performance of companies including banks, Group Managing Director/CEO Access Bank Plc, Herbert Wigwe has said. Speaking during the Nigerian Sustainable Banking…

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Akinwuntan: My Mandate is to Deliver the Ecobank Brand Promise

The new Managing Director of Ecobank Nigeria, Mr Patrick Akinwuntan has reaffirmed that his mandate in Nigeria is to grow the Ecobank brand by delivering it as a brand of .choice. According to him, Ecobank service would be available and within the reach of every…

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Access Bank Lagos City Marathon: 20,000 runners register in one week

The 2019 edition of the Access Bank Lagos City Marathon is likely to break the previous records of participants in the IAAF Bronze Label race. Just a week after registration opened, about 20,000 potential runners have collected forms at the Teslim Balogun…

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Heritage Bank wins Agric, SME awards

Heritage Bank Plc, ­­­­­­­­Nigeria’s Most Innovative Banking Service provider, has been adjudged “Best SME Bank Nigeria 2018” by Capital Finance International (CFI.co) and “Agriculture Bank of the Year 2018” by the Nigeria Agriculture Awards (MAA). Also, the bank was…

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Stanbic IBTC clinches four awards at Emeafinance African Banking Awards

Stanbic IBTC has won four awards in different categories in the 2018 Emeafinance African Banking Awards. The diadems:‘Best Foreign Investment Bank,’‘Best Debt House’, ‘Best Equity House’ and ‘Best LoanHouse,’ were won through Stanbic IBTC Capital Limited,…

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UBA Emerges Most Innovative Digital Bank

United Bank of Africa (UBA)Plc has once again reaffirmed its position as a leading global brand with its recent recognition as the ‘Most innovative Digital Bank’ of the year, in the digital category of the prestigious International Finance awards organised by…

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How to get a free Retail Space at the GTBank Fashion Weekend

Do you make or sell fabulous fashion apparels and accessories? Can your fashion brand stand out at the biggest fashion event in Africa? Then, the 2018 GTBank Weekend is calling for you! Now in its third year, the GTBank Fashion Weekend has become the…

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Polaris Bank: Customers advise management on improved service delivery

Some customers of Polaris Bank, formerly Skye Bank, in Sango-Ota, Ogun, have advised the management of the bank to improve on its service delivery to restore depositors’ confidence. They gave the advice in separate interviews with the News Agency of Nigeria

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Stanbic IBTC paid N2.5 billion judgement debt to a customer
Economic and Business

BDC operator in the dock for disappearing with his customers $50m, N22m

by Nigerianbanker
December 11, 2019
0

The Police Force Criminal Intelligence and Investigating Department has arraigned on Jude Muomah, a Bureau De Change (BDC) operator, before...

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Bank workers steals N39bn in 2018; Duke begs court for our of court on AMCON N500m debt and other banking news

2 Bankers and an Indian sentenced for 5 years for N855m fraud

December 11, 2019
NDIC Collects N94 billion as insurance premium in 2018

Nigeria Banks remain stable – NDIC and other banking news

December 11, 2019
economic sectors with high NPL percentage

These are the Economic Sectors that may not enjoy more of Bank Loans

December 10, 2019

Breaking: LDR to be increased to 70% by 2020 – CBN

December 10, 2019

Buhari sacks Banire seeks confirmation of Adamu as AMCON Chairman

December 10, 2019
Court to hear contempt proceedings against CBN governor on June 13. And other banking news

Banker remanded over N50m fraud allegations and other banking news

December 10, 2019
Commercial Banks to approach for loans

Moody’s report downgrades Nigerian Banks to negative

December 10, 2019
World Bank, AfDB blacklist 15 Nigerian companies and 9 individuals and other banking news

Staff strenght in banks declines to year low in Q3 2019 – Report

December 9, 2019

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Nigerian Banker | Expanding your knowledge about Banking and the Economy

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