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Latest Banking News

Heritage Bank celebrates Nigeria @60 with an award scheme

Following the celebration of Nigeria’s 60th independence anniversary yesterday October 1, 2020, Heritage Bank Plc, brought...

Self-Certification Form submission: FG retracts statement

The Federal Government of Nigeria has retracted its statements regarding the submission of self-certification forms by...

Failure of any bank account holder to submit SCF will lead to sanction - FG

The Nigerian Government has said that all account holders in Financial Institutions are required to obtain, complete and...

Bank deposits increased by N4.7tn in seven months - CBN

The total deposits in the banking sector increased from N25tn in January to N29.7tn as at August-end while bank loans rose...

What Nigerian Banks consider before they grant personal loans

Personal loans have saved lots of people in the country; however, is it easy for banks to grant people loans? There are...

How Sterling Bank staff opened unauthorised accounts for loans

Two farmers identified as Muhammad Sani-Abdul and Umar Abubakar have revealed how staff of Sterling Bank in Bauchi State...

CBN cuts back savings account interest rate

The Central Bank of Nigeria (CBN) has instructed deposit money banks to review the interest payable on savings deposits...

FirstBank, UNITY Nigeria partner on Music Talent Show

The First Bank of Nigeria Limited has announced its lead sponsorship of the reality musical talent show, The Voice Nigeria,...

5 types of bank alerts Nigerians receive and emotions attached to each

Living as a Nigerian adult in Nigeria, you should expect that your phone would buzz now and then with alerts from your...

Stamp duty account: 'You lied', Nipost to FIRS

The Nigerian Postal Service (NIPOST) in a response to claims made by the Federal Inland Revenue Service (FIRS), said its...