Banking&Finance - Page 4

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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CBN Okays Unity,Providus banks Merger

Mohammed Shosanya The Central Bank of Nigeria has approved the merger of Providus Bank and Unity Bank. Acting Director, Corporate Communications, Hakama Sidi,who disclosed this in a statement on Tuesday,explained that the

August 7, 2024

Banking&Finance·Business

Access Bank Clinches Euromoney Awards For Excellence

Mohammed Shosanya Access Bank has been honoured at the Euromoney Awards for Excellence 2024, being named Nigeria’s Best Bank and Ghana’s Best Bank for ESG. These accolades highlight the bank’s outstanding performance

July 29, 2024

Banking&Finance·Business

CBN Hikes Monetary Policy Rate To 26.75%

Mohammed Shosanya The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at its 296th meeting Raised the Monetary Policy Rate (MPR) by 50 basis points to 26.75 per cent

July 24, 2024

Banking&Finance·Business

CBN Approves Forex Sales To BDCs For Invisible Transactions

Mohammed Shosanya The Central Bank of Nigeria,has announced the approval of sales of Foreign Exchange to eligible Bureau De Change (BDCs) to meet the demand for invisible transactions. A statement signed signed

July 21, 2024

Banking&Finance·Business

Access Bank Joins NGX To Unveil Impact Board

Mohammed Shosanya Access Bank Plc,was one of the participants in the launch of the Nigerian Exchange Limited (NGX) Impact Board, a dedicated platform for listing sustainability instruments to integrate sustainability into the

July 21, 2024

Banking&Finance·Business

Access Bank Raises N442bn Capital Through Syndicated Tier II Facility

Mohammed Shosanya Access Bank Plc,has celebrated a landmark moment in its partnership with the Dutch Entrepreneurial Development Bank (FMO). The occasion marked the signing of a monumental syndicate Tier II Facility agreement

July 17, 2024

Banking&Finance·Business

Access Bank Eyes Top 20 Position In UK, $1bn Profit By 2027

Mohammed Shosanya Access Bank,has unveiled ambitious plans to position its UK subsidiary, Access Bank UK, among the top 20 banks in the United Kingdom, targeting an annual profit of $1 billion by

July 15, 2024

Banking&Finance·Business

CBN Sells $122.671m To 46 Dealers

Mohammed Shosanya The Central Bank of Nigeria (CBN) has sold the sum of US$122,671,000.00 (One Hundred and Twenty-Two Million, Six Hundred and Seventy-One Thousand United States Dollars) to 46 authorised dealers in

July 15, 2024

Banking&Finance·Business

GTCO Eyes $1bn Profit

Mohammed Shosanya Guaranty Trust Holding Company (GTCO) Plc has vowed that it would become the first financial institution in Nigeria to reach a $1 billion in profit. Speaking at the ‘Facts Behind

July 9, 2024

Banking&Finance·Business

Access Holdings’ N351 Billion Rights Issue Opens For Subscription

Mohammed Shosanya Access Holdings Plc (‘the Group’), has announced the commencement of its N351 billion Rights Issue (‘the Offer’). A subset of the Group’s Capital Raising Programme aiming to generate up to

July 8, 2024

Banking&Finance·Business

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