Access Holdings Extends N351bn Capital Raise Deadline to August 23
Adedapo Adesanya By Adedapo Adesanya Access Holdings Plc has extended the deadline for its N351 billion raise in line with…
Banking
Why CBN Disqualified FCMB, Wema Bank, Four Others from $876m FX Sales
Aduragbemi Omiyale By Aduragbemi Omiyale Last week, the Central Bank of Nigeria (CBN) sold foreign exchange (FX) to some banks…
Union Bank Upgrades to PCIDSS v4.0 Certification
By Aduragbemi Omiyale One of Nigeria’s leading financial institutions, Union Bank, has obtained the Payment Card Industry Data…
NDIC Settles 82.36% of Defunct Heritage Bank Depositors
By Adedapo Adesanya The Nigeria Deposit Insurance Corporation (NDIC) says about 82.36 per cent of the total insured…
Access Bank Promotes Cleaner Energy Solutions With Switch to Solar Campaign
Modupe Gbadeyanka By Modupe Gbadeyanka A Switch to Solar by Access campaign designed to promote cleaner energy solutions within communities…
CBN Sells $876.26m to 26 Banks to Prop Up Weak Naira
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has sold a total of $876.26 million to end…
Union Bank Employs 166 Management Trainee Graduates
By Modupe Gbadeyanka One hundred and sixty-six management trainee graduates have commenced their banking careers at Union Bank…
CBN to Provide N700bn for Unity Bank, Providus Bank Merger?
By Adedapo Adesanya Several reports suggest that the Central Bank of Nigeria (CBN) may support the merger between…
CBN Approves Unity Bank, Providus Bank Merger
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has approved the proposed merger between Unity Bank Plc…
CBN Allows Next-of-Kin to Claim Funds in Dormant Accounts
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has given a next-of-kin the authority to access funds…