Ecobank is offering its customers ‘Back2School’ loans. Daberechi Effiong, head, consumer products of the bank, said the loans are available to all categories of customers in paid and self-employment. “Customers can either opt for the Employee Credit or Cash backed Back2School scheme based on their cashflow. “The Cash backed scheme gives customers access to competitive interest […]
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First Bank Nigeria Plc has announced it would begin its Corporate Responsibility & Sustainability (CR&S) week, starting 22nd till 27th August, 2022. The theme of the event is “Kindness… A Way of Life”, and it is couched in the acronym, SPARK (Start Performing Acts of Random Kindness). The bank, in its statement, said activities for
First Bank holds CR&S Week in Nigeria, 7 other countries Read More »
The Naira exchanges for N698 to one US dollar a t the black market on Thursday. Nairametrics is reporting black market forex operators as confirming the fall. The FX traders reportedly cited sustained scarcity of dollar and the increased demand for dip. This might be a sign of recovery for the Nigerian currency, after it
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Zenith Bank has declared N405 billion as its 2022 half-year earnings, as against N346 billion it recorded about the same time last year. This bank stated this in its audited half-year financial results the bank, which it presented to the Nigerian Exchange (NGX) on Tuesday, 23rd August 2022. The bank attributed the development to N42billion
Zenith Bank declares N405 billion half-year earnings, N7.15 trillion customer deposits Read More »
The Africa Fintech Foundry (AFF) says it is collaborating with the Central Bank of Nigeria (CBN) to support 10 startups to increase the adoption of eNaira in the country. The head of AFF, Daniel Awe, said this on Saturday in Lagos. He spoke on the sideline of the Semi-Final Pitching of the eNaira Hackathon 2022.
eNaira: CBN to support 10 startups Read More »
It is not uncommon to see the caveat, “Vehicles Parked At Owner’s Risk”, boldly painted on the outer walls of banks and at other business places. This in simple term means the care and safety of a vehicle parked on such premises and other valuables therein is the duty of its owner. As stated in
Read, Learn from how bank customer lost N22m Read More »
Every bank customer must know this: you do not exist because of the banks. Rather, banks owe their existence to your continued use of their services and products. Therefore, they are duty-bound to serve you and respect your rights. Yes! You heard that. Every consumer of banking services has rights and obligations. Consumertrics, in this
What your banks will not reveal to you as a customer Read More »
Nigeria’s foreign reserves has plummeted from $35.37m, as at May, to $376,655.09 at the end of June. This is happening amid limited crude exports, biting fuel subsidies, piling debt and a struggling economy. The balance of the foreign reserve was released by the accountant-general of the federation. Nigeria, typically Africa’s largest oil exporter, has struggled
Nigeria’s foreign reserves plummets to $376,655.09 Read More »
United Bank for Africa (UBA) has alerted customers to the activities of fraudsters impersonating the bank’s social media channels. The bank is urging customers to be wary of fraudsters and to report such fake social media accounts when they spot them. The bank ask its customers to “always look out for the verified tick on
ALERT: Beware of fake UBA social media accounts Read More »
The naira lost against the dollar on Wednesday at the Investors and Exporters’ window, exchanging at N426.58. The figure represented a depreciation of 0.57 per cent compared with N424.17 it exchanged for the dollar on Tuesday. The open indicative rate closed at N426.50 to the dollar on Wednesday. An exchange rate of N444 to the
Naira continues free fall at official rate; exchanges at N426.58 per dollar Read More »
