Zenith Bank recorded N208.8bn profit after tax in 2019
Zenith International Bank Plc on Friday announced a profit after Tax of N208.8 billion for the financial year ended Dec. 31, 2019. The bank said
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.
Bankers Committee to help bridge infrastructure deficit in Nigeria
The Bankers Committee, in collaboration with the Central Bank of Nigeria (CBN), will work with the Federal Government to finance four roads in the country,
Funding key to achieving local content — Firstbank
Ms Bashirat Odunewu, Group Executive, Energy Infrastructure, CBG, First Bank Ltd. said that funding was key to achieving local content in the county. Odunewu spoke
NDIC begin claims verification for depositors of closed micro finance banks, PMBs
The Nigeria Deposit Insurance Corporation (NDIC) says it will on Feb. 3, commence claims verification for depositors of the three Micro Finance Banks (MFBs) and
Banking sector gross credit grows by N2trn in 7 months – Emefiele
The Central Bank of Nigeria (CBN) says the Banking Sector Gross Credit has grown by two trillion naira in seven months. The CBN Governor, Mr
Access Bank secures final approval for Kenyan Transnational Bank acquisition
Access Bank Plc says it has secured final approvals of all relevant regulatory authorities in Kenya for the acquisition of Kenya-based Transnational Bank Plc (TNB).
Banks: Customers decry utility bill, other requirements for account opening, update
Some bank customers have decried stringent requirements including utility bills by banks to open and update their accounts. Some of them who spoke in Abuja
Access Bank splashes over N50m on customers in DiamondXtravaganza draw
Access Bank Plc has splashed over N50 million on no fewer than 1,044 customers in its DiamondXtravaganza Season 11 reward promo aimed at enhancing savings
KDSG seals Keystone Bank, FCMB premises over N295m unpaid taxes
The Kaduna State Internal Revenue Service (KDIRS), on Tuesday sealed the premises of Keystone Bank and First City Monument Bank (FCMB) in Kaduna over alleged
Downward review of bank charges will affect bottom line of banking industry — CIBN
The Chartered Institute of Bankers of Nigeria (CIBN), said on Sunday that the downward review of bank charges would affect the net earnings and income
