100 customers benefit as UBA doles out N10m in Bumper account draw
Businessam Staff
May 7, 2020
A total of 100 loyal customers of United Bank for Africa (UBA), the pan African financial institution, tasted the goodness of their
Ecobank pledges improved customer satisfaction
Moses ObajemuMay 4, 2020
Ade Ayeyemi, group chief executive officer of Ecobank Bank Transnational Incorporated, has said the focus of the bank is on making
CBN lifts suspension of cheque clearing in Nigeria
Omobayo AzeezApril 28, 2020
By Omobayo Azeez The Central Bank of Nigeria has lifted the temporary suspension placed on cheque clearing in the country with effect
Nigerians abandon 300,000 bank accounts in Q1’20
Businessam StaffApril 14, 2020
Nigerians abandoned 300,000 bank accounts in the first quarter of 2020 (Q1’20) even as the number of current accounts operated by
FCMB Group records N188bn revenue, grows Profit to N20.1billion
Omobayo AzeezApril 7, 2020
By Omobayo Azeez FCMB Group Plc has posted N188 billion in revenue and N20.1 billion as profit before tax (PBT) for the year ended
Nigerian banks at risk from oil price slump, coronavirus – Fitch Ratings
Businessam StaffApril 3, 2020
Fitch Ratings, an international credit rating agency based in New York City and London, yesterday reported that Nigerian banks’ credit
Banks recorded N1.05tn bad loans in 2019 – NBS
Businessam StaffApril 2, 2020
Banks’ non-performing loans amounted to N1.05tn as of December 2019, the National Bureau of Statistics said on Wednesday. The bureau
LDR: Bank loans rise by N2.35tn
Businessam StaffMarch 30, 2020
Credit to the private sector rose by N2.35tn from June 2019 to February this year after the Central Bank of Nigeria mandated the
Coronavirus: Banks urge customers to use digital platforms
Businessam StaffMarch 20, 2020
Banks in the country have urged their customers to utilise their digital self-service solutions because of the coronavirus affecting
N10.3trn e-transact: Experts caution against obastacle in January
Omobayo AzeezMarch 10, 2020
Say GDP benefits as money velocity rises By Omobayo Azeez Following disclosure that electronic payment transaction hit N10.3 trillion