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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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Mobile Banking, MTN & Airtel to apply for Licence and other banking news

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MTN, Airtel to apply for mobile banking licence

Leading telecommunication service providers, MTN Nigeria and Airtel Nigeria have shown major interest in operating in the financial services space and have formed subsidiary companies in order to apply for a mobile banking licence as stipulated in the…

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CBN injects another $210m into FX market
In its latest round of intervention, the Central Bank of Nigeria (CBN) yesterday injected the sum of $210 million into the inter-bank foreign exchange market. Figures obtained from the apex bank indicate that the authorized dealers in the wholesale segment of the…
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FirstBank Provides Free Eye Screening For Students

In continuation of its efforts to reduce the prevalence of blindness and visual impairment in the country, First Bank Plc has conducted free eye screenings for residents of the Old People’s Home, Yaba and students and staff members of Yaba College of Technology…

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Court Orders Heritage Bank To Forfeit Unclaimed N157bn Recovered By EFCC To FG

The Federal High Court in Lagos has ordered the final forfeiture of the sums of N1,250,000,000; $327,132.35, £167.85 and €157.91 recovered by the Economic and Financial Crimes Commission (EFCC) to the Federal Government. Justice Chuka Obiozor

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FG borrows $495m from W’ Bank for irrigation transformation

The Federal Government, yesterday, stated that it has borrowed $495 million from the World Bank for the implementation of the Transforming Irrigation Management in Nigeria Project (TRIMING). Minister of Water Resources, Mr. Suleiman Adamu, who stated

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W’Bank: Nigeria, Others to Face Challenges if Inflation Rises

Further upward acceleration of global inflation from record low levels may impair efforts in emerging and developing economies such as Nigeria, to sustain the low inflation environment achieved over the past several decades, the World Bank has said. The Bank…

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Sterling Bank floats world Ist digital commodity marketplace

Nigeria yesterday set a new global record as the world’s first fully digital, end-to-end blockchain based commodity trading and financing platform was announced by Sterling Bank Plc yesterday, in Lagos. Developed in partnership with Binkabi and AFEX…

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Man sentenced for stealing a microfinance bank N935,000
An Ota Magistrates’ Court in Ogun on Wednesday sentenced a 29-year-old man, Dotun Akande, to one year in prison for N935.000 belonging to Orisun Microfinance Bank. In a ruling, Senior Magistrate G. E. Akan, however gave the convict an option to pay…
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Senate to x-ray CBN’s $8.1bn repatriation demand on MTN

The Senate will look into the demand by the Central Bank of Nigeria (CBN) that telecoms giant, MTN, should repatriate the sum of $8.1 billion it “illegally” took out of Nigeria, Daily Trust can report. The apex bank had in August sanctioned MTN…

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DBN Shows Its Mettle, Woos Entrepreneurs With Inspiring New Ad Campaign

The phone rings. A customer is calling in with a large new order for the young struggling hardworking fashion entrepreneur. He wants it delivered immediately. For the entrepreneur, it’s a potential game-changer, a breakthrough. But there is a problem. The…

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Banking News

CBN gives reasons for adopting unconventional monetary policy and other banking news

by Nigerianbanker
December 9, 2019
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CBN gives reason for adopting unconventional monetary policy THE Central Bank of Nigeria (CBN), has revealed that the adoption of...

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CBN gives reasons for adopting unconventional monetary policy and other banking news

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Nigerian Banker | Expanding your knowledge about Banking and the Economy

nigerianbanker.com is an online ONLY magazine that publishes daily banking news, banking information and reviews from Nigeria.

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