Banking and Finance

Yesterday marked the official launch of Access Bank South Africa, and another step in furthering Access Bank Plc’s footprint across the continent. Access Bank Chief Executive Herbert Wigwe said in a statement that the Southern African Development Community represented the strongest economy in Africa. Nigeria-listed Access Bank is a leading …

Digital banking provider, Layer has sealed a partnership deal with the United bank for Africa (UBA) to rapidly revolutionize digital banking and ultimately, expand banking experience across Nigeria. The partnership, according to Layer is aimed at providing greater access to a wider range of financial services for customers of the …

The managing director of Ecobank Nigeria, Patrick Akinwuntan has pledged more support and collaboration with the Chartered Institute of Bankers of Nigeria (CIBN), the umbrella body of all bank workers in the country. Akinwuntan who was speaking during a courtesy visit by the President and Council members of the Institute …

Wema Bank’s ALAT users nationwide with active accounts who have done at least three transactions in the last six months as well as referring other users are to be rewarded with cash prizes and may also win one of the three star prizes in the ongoing earn on the go …

Access Bank Plc, has launched what it termed the ‘Diamond Business Advantage (DBA) lite’ in a bid to increase its digital loans and enhance access to finance for young entrepreneurs. The bank said the product which is targeted at the youths was designed to add value to micro, small and …

While the age-old saying and philosophy of virtue being its own reward (or seeing doing good as its own reward) remains a strong motivating factor in doing good persistently, it helps when virtue gets recognition from time to time. Even though anyone or organisation committed to doing good will keep …

Union Bank has announced a nationwide campaign to reward new and existing customers with N55 million in the ‘Save & Win Palli’ promo. According to the financial institution, the campaign was introduced to provide relief to its customers as Nigeria continues to grapple with the economic hardship induced by the …

Ecobank Transnational Incorporated, the parent company of the Ecobank Group has raised $350 million on the bond market in London, the company said late on Friday. The Pan-African lender Ecobank says it has successfully raised $350m Tier 2 Sustainability Notes. ETI said in a statement on Friday that the bond …

The Central Bank of Nigeria (CBN) currently has about 37 interventions programmes to boost the economy, the bank has said. The acting Director, Corporate Communications Department, CBN, Mr Osita Nwanisobi, said this during the CBN two-day fair which commenced in Lagos and Abeokuata, Ogun State on Thursday. The fair is …

Nigeria may launch a central bank digital currency (CBDC) by the end of 2021, according to a central bank official. Speaking at an online news briefing on Thursday at the Bankers’ Committee meeting, the Director-Information Technology Department, Central Bank of Nigeria (CBN), Mrs Rakiyat Mohammed, said that the entity had been …