Zenith Bank posts N150.72bn profit in Q3 2019
Zenith International Bank Plc on Wednesday reported a profit after tax of N150.72 billion for nine months ended Sept. 30, 2019. The profit represented a
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.
FBN Holdings reduces bad loans to 12.6% in 9 months
FBN Holdings Plc on Monday said the non-performing loans (NPLs) ratio for its commercial bank reduced to 12. 6 per cent for the nine months
FirstBank CEO urges financial institutions to partner Fintech on service delivery
Dr Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited, on Wednesday urged banks to make strategic partnerships with the financial technology sector to
FirstBank customers’ accounts hit 18m — Ezirim
First Bank of Nigeria Limited on Wednesday said that it had over 18 million customers’ accounts. Mr Chuma Ezirim, the bank’s Group Executive, e-Business &
European banks have ‘comfortable liquidity’, says ECB
The European Central Bank on Monday gave a clean bill of health to the vast majority of banks it supervises, saying they had adequate reserves
Fidelity Bank supports financial inclusion drive with N120m promo
Fidelity Bank Plc on Thursday flagged off its Get Alert in Millions (GAIM) Season 4 promo to strengthen the Federal Government’s financial inclusion drive. Speaking
Banks allocate N15.13trn credit to private sector -NBS
The National Bureau of Statistics (NBS) says the Nigerian banking sector allocated N15.13 trillion as total value of credit to the private sector in the second
EAC will redefine Nigeria’s economy, restore its vibrancy — Access Bank CEO
Dr Herbert Wigwe, the Group Managing Director of Access Bank, says the Economic Advisory Council (EAC) constituted by President Muhammadu Buhari will redefine Nigeria’s economy
Unemployment responsible for frustration among Nigerian youths–Unity Bank MD
Mrs Oluwatosin Somefun, the Managing Director of Unity Bank Plc, has decried the high level of unemployment in the country. Somefun noted that the constant
Stanbic IBTC records N117.4bn gross earnings in H1 2019
Stanbic IBTC Holdings Plc, a member of the Standard Bank Group, has announced gross earnings of N117. 4 billion for the six months ended June
