FCMB approves final dividend of 20k
*UBA, Access, Zenith MTNN keep indicators in red Yesterday, FCMB notified the Nigerian Exchange of the declaration of a final dividend of N0.20K for every
Category : Banking
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About Banking News Today
The banking industry involves borrowing and lending money. Banks take customer deposits in return for paying customers an annual interest payment.
It is majorly used to keep money safe for customers, offer customers interest on deposits, protect against money losing value against inflation, lend money to firms, customers and homebuyers, and offer financial advice and related financial services, such as insurance
This is the major reason why we keep everyone updated on the recent happenings in the financial industry.
Bank charges: Tweeps knock bank over multiple debit alerts
Twitter users, on Saturday, took to their handles to lament irregular deductions from Guaranty Trust Bank. The users complained that the charges, which ranged from
BoI grows assets to N1.7tn, says chairman
The Bank of Industry grew its assets from N683bn in 2016 to N1.7tn in 2021. The Chairman, Board of Directors, BOI, Aliyua Dikko, made this
NDIC pays N119.1bn to customers of closed banks — MD
The Nigeria Deposit Insurance Corporation (NDIC) says it has paid N119. 1 billion as insured sums to 5535, 815 depositors, creditors and shareholders of closed
CBN introduces bank cash hubs
The Central Bank of Nigeria (CBN) at the weekend released a draft guideline for the registration and operation of Bank Neutral Cash Hubs (BNCH) which
Unilever Nigeria appoints Folake Ogundipe executive director
Unilever Nigeria Plc at the weekend notified the Nigerian Exchange and the investing public of the appointment of Mrs Folake Ogundipe as an Executive Director
Banks temporarily suspend, reviews international transaction of naira cards
In a move to reduce dollar obligations, commercial banks in the country are cutting monthly international spending limits on Naira cards to $20 compared to
Stanbic IBTC delays release of full-year report
Stanbic IBTC yesterday formally informed the NGX Regulation Limited as well as its esteemed stakeholders that the bank is experiencing a slight delay in the
FG shuts illegal online banks, freezes business accounts
The Federal Competition Consumer Protection Commission, in collaboration with the Independent Corrupt Practices and other Related Offences Commission, National Information Technology Development Agency, and the
In line with CBN’s directive, banks expose clients with suspicious dollar transactions
In line with the resolve of the Central Bank of Nigeria (CBN) to halt a regime of arbitrage in the foreign exchange market, some Nigerian
