BANKING

August 14, 2019

Zenith Bank to Assist Cross River on Agricultural Revolution

The efforts by Cross River State Governor, Ben Ayade, to industrialise Cross River State through its agricultural value chain policy got a major boost with the announcement of a partnership between the state government and Zenith Bank.

This"...

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August 14, 2019

Debt Market Capital to Get more Boost as FMDQ Transforms

The Nigerian debt capital market is set to witness a boost following the transformation of the FMDQ OTC Securities Exchange to a full-fledged securities exchange from an over-the-counter (OTC) market.

Financial"...

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August 7, 2019

Access Bank Extends DiamondXtra to USSD Customers

Access Bank Plc has extended its loyalty reward scheme, Diamondxtra to customers who open accounts using its USSD channel (*901#).

The bank disclosed this in a statement yesterday.

"...

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August 7, 2019

Never give ATM secret ‘number’ – Scammers sending SMS “Bank Account Has Been Blocked”

KUWAIT CITY, Aug 6: At no time an official in the bank has the authority to ask for anyone’s ATM secret code, reports Al-Anba daily quoting a senior banking official.

He said this to warn bank clients against"...

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August 6, 2019

How a shadow banking crisis sent India’s autos sector into a tailspin

Sudhir Gharpure and his sales team sat chatting at a big Maruti Suzuki dealership on the outskirts of Mumbai some two hours after its doors were opened on a recent Saturday morning — not a single customer was in sight.
“There used to be close to 15-20 bookings each day,"...

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August 6, 2019

Union Bank, TEDxLagos Inspire Entrepreneurs

In a bid to inspire entrepreneurs to achieve the utmost, Union Bank recently went into a partnership with the organisers of TEDxLagos to host entrepreneurs, social advocates, innovators and thought leaders at the 2019 TEDxLagos event tagged, “Spring.”

TEDx"...

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August 1, 2019

Libya joins European Bank for Reconstruction and Development (EBRD)

Libya has joined the European Bank for Reconstruction and Development (EBRD) as its latest shareholder with a view to becoming a country where the Bank engages with investments and support for policy reforms.

The"...

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August 1, 2019

Dubai's biggest bank completes deal to buy Turkey's DenizBank

Emirates NBD Bank and Sberbank of Russia announced on Wednesday the completion of a deal that sees Dubai's biggest lender acquiring a 99.85 percent stake in Turkey's DenizBank.

The deal is both Turkey’s"...

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July 31, 2019

Union Bank Announces Edtech Challenge

As part of efforts to promote innovation in the education sector, Union Bank of Nigeria Plc has announced the launch of the 2019 EdTech Challenge.

The edTech Challenge is the third edition of the annual Innovation"...

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July 31, 2019

Libya’s central bank drops dollar purchase fees to 163%

The GNA, together with the Central Bank set the fee at 183% in September 2018, effectively devaluing the Libyan dinar to bridge the conversion gap between the official and far bigger black market.

The gap has"...

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