Banking&Finance - Page 13

Access Bank Partners AfriGOpay To Strengthen Nigeria’s Payment Ecosystem

Mohammed Shosanya Access Bank has partnered with AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System (NIBSS) to launch the first Nigerian national domestic card designed to meet the

March 30, 2023

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800 Customers To Win N135m In Access Bank DiamondXtra Savings Promo

Mohammed Shosanya Access Bank has unveiled the Season 15 edition of DiamondXtra Savings Promo at the Computer Village branch of the bank. The bank said,over 800 customers with the DiamondXtra Savings accounts

August 2, 2023

Banking&Finance·Business

CBN Exempts MfBs,Mortgage Banks From Cash Withdrawal Limits

Mohammed Shosanya The Central Bank of Nigeria (CBN) has directed that microfinance banks and primary mortgage banks that provide banking services to the economically active poor be exempted from paying the processing

July 31, 2023

Banking&Finance·Business

Access Bank Unveils Campus Branch At University Of Ibadan

Mohammed Shosanya Access Bank Plc has launched a new state-of-the-art branch at the University of Ibadan. Speaking at the launch of the branch at the University,Deputy Managing Director, Retail South, Access Bank

July 28, 2023

Banking&Finance·Business

CBN Lifts Embargo On 440 Accounts,Resumes Enforcement Of LDR

Mohammed Shosanya The Central Bank of Nigeria (CBN),has compelled banks to vacate a Post-No-Debit (PND) restriction earlier imposed on bank accounts of 440 individuals and companies. The central bank communicated the action

July 26, 2023

Banking&Finance·Business

CBN Raises Interest Rate To 18.75%

Mohammed Shosanya The Central Bank of Nigeria (CBN) on Tuesday raised the monetary policy rate to 18.75 per cent on account of the country’s rising inflation. The decision was reached on at

July 25, 2023

Banking&Finance·Business

NOVA Begins Full Commercial Banking

Mohammed Shosanya Shareholders of NOVA Merchant Bank has given it nod to begin commercial banking in the country. They gave their unanimous nod during the company’s 6th Annual General Meeting in Lagos

July 21, 2023

Banking&Finance·Business

CBN, CBE Establish Nigeria-Egypt FinTech Bridge

Mohammed Shosanya The Central Bank of Nigeria (CBN) and the Central Bank of Egypt (CBE) have signed a memorandum of understanding (MOU) to establish a Nigeria-Egypt FinTech Bridge. The signing ceremony took

July 19, 2023

Banking&Finance·Business

CBN Sets 12 Years As Maximum Tenure For Bank MDs

The Central Bank of Nigeria (CBN) has givea new code of corporate governance which specified that the tenure of a bank’s managing director or chief executive officer (CEO) can only last for

July 15, 2023

Banking&Finance·Business

Divestment:Standard Chartered Considers Sale Of Subsidiaries In Five African Countries To Access Bank

Mohammed Shosanya Standard Chartered Bank and Access Bank Plc (Access) have entered into agreements for the sale of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone,

July 14, 2023

Banking&Finance·Business

58m Nigerians Have BVNs -Report

Mohammed Shosanya The Nigeria Inter-Bank Settlement System Plc,has estimated that a total number of issued Bank Verification Numbers rose to 57.96 million as of July 3,this year. It said,the increasing incidents of

July 13, 2023

Banking&Finance·Business

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