09/29/2021
“In Nigeria, the two most recent recessions occurred in the year 2016 (which we quickly got out of) and 2020. While the 2016 recession was localized, the 2020 was global in nature.
09/28/2021
Some of the benefits of the Business Account package include access to EcobankPay- NQR code-based payment method for seamless sales collections and OmniLite- the web-based payment platform for small businesses.
09/24/2021
The report, however, noted that gross loans and advances remained low compared to the growth in customer deposits.
09/24/2021
The staff component would enable all Absa employees across the group’s operations to become shareholders and to participate in the group’s growth.
09/23/2021
Over the years, the Bank has consistently focused on adhering to the six Principles of Responsible Banking, which include aligning strategies to the United Nations Sustainable Development Goals, the Paris Agreement, and other relevant societal references.
09/17/2021
The results filed with the Nigerian Exchange, showed that the Group’s profit after tax stood at $147.5mn
09/16/2021
The group accreted capital over the period, growing net asset value 10%, which enabled the group to pay a full-year dividend representing a 56% payout.
09/15/2021
TymeBank has also made a splash with an enhanced value proposition to consumers by adding insurance, as well as a ‘buy now, pay later’ product called MoreTyme.
09/14/2021
At its ordinary session held on Friday in Maputo, the CPMO decided to maintain the monetary policy interest rate, MIMO rate, at 13.25 percent.
09/14/2021
"Leading banks have a proper and well-defined pattern of operation model constructed by a major in-house innovative mind-a leader; these are Bank CEOs and MDs."
09/13/2021
The Bank showed a good appetite in funding the real sector with Net Loans and Advances increasing by 15.8 per cent YTD to N1,535 billion from N1,326 billion in 2020FY.
09/13/2021
The Head, Retail Investment, Chapel Hill Denham, Mr. Ayodeji Ebo in a telephone chat with THISDAY attributed the decline to banks interest rate generated from T-bills and bonds to reinvesting in lower rate securities.
09/10/2021
The association, therefore, wants the country to tread cautiously on discussions about capping lending rates.
09/10/2021
Onyeagwu stressed further that Zenith bank remains focused on pro
09/10/2021
Posts Impressive N76.2bn Profit in Half Year, 2021
09/09/2021
According to the award organisers, the award was in recognition of the impact of Wigwe’s leadership as CEO and group managing director of the bank.
09/07/2021
The bank will unveil a number of other enhancements to its digital banking offering, including enhanced cellphone banking
09/07/2021
The SME friendly bank beat all other Nigerian and African banks to win national and continental honours.
09/07/2021
CRDB’s 4.4 percent figure for Q2 was up from 4.1 percent posted in Q1 (January to March) but still within BoT threshold range, while NMB’s ratio of 4.3 percent were a drop from 5 percent in Q1.
09/03/2021
During the review period for the tier-1 lender’s interim consolidated and separate financial statements for the period ended 30 June 2021, its profit after tax grew by 42.44 percent to N86.94 from N61.04 billion