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Banking & Finance
Unity Bank de-risks balance sheet
Unity Bank of Nigeria Plc has announced a total derisking of its balance sheet, ridding the bank of toxic legacy…
NDIC to pay insurance coverage to failed 154 MFBs, 6…
The Nigeria Deposit Insurance Corporation (NDIC) will soon commence the payment of insurance coverage to verified…
Inlaks partners Temenos to win core banking project in…
Leading system integrator in Sub-Saharan Africa, Inlaks, and banking software company, Temenos recently secured a…
Adeduntan, FirstBank MD to headline UI maiden graduate…
First Bank of Nigeria Limited has announced its sponsorship of the University of Ibadan (UI) Graduate…
Reps to probe domestic banks’ solvency level
The House of Representatives is set to conduct investigation into the solvency of all the licensed domestic banks…
Mergers, acquisition drive activities in microfinance…
Mergers and acquisition will drive activities in the microfinance sub-sector in the next one and half years,…
How Ecobank Nigeria slashes cost of funds transfer
Ecobank follows tradition of leadership in digital banking in Africa has introduced a dedicated mobile remittance…
UBA sees earnings growth from equity investment in…
UBA’s group 49 percent ownership interest in UBA Zambia limited, an associate company’s ordinary share boosted…
Banks NDIC Premium Charge up 7.55 percent to N33.0…
Twelve largest banks in Nigeria paid N33.07 billion National Depositor Insurance Corporation charge (NDIC premium…
Avon HMO partners Piggybank.NG to improve healthcare…
With less than 5 percent of the Nigerian population under any sort of healthcare cover, Piggybank.NG and Avon…
Stable exchange rate best choice for Nigeria – Emefiele
Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says maintaining stable exchange rate to avoid…
CBN plans payment service banks with N5bn capital…
Central Bank of Nigeria (CBN) is planning to introduce and license Payment Service Banks (PSBs) in the country with…