Union Bank’s N50bn Rights Issue opens for subscription

Union Bank’s N50bn Rights Issue opens for subscription

UNION Bank Nigeria Plc’s N50 billion Rights Issue opened for subscription, yesterday, just as Forte Oil Plc has put on hold its proposed N20 billion capital raising after receiving the approval of Securities and Exchange Commission, SEC. The post Union Bank’s N50bn Rights Issue opens for subscription appeared first on Vanguard News. ...
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FMDQ approves registration of Wema Bank’s N50bn CP

FMDQ approves registration of Wema Bank’s N50bn CP

THE FMDQ OTC   Securities Exchange has approved the registration and listing of Wema Bank's N50 billion Commercial Paper (CP) programme on its platform. The post FMDQ approves registration of Wema Bank’s N50bn CP appeared first on Vanguard News. ...
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Bank’s technician bolts with employer’s N3m laptops

Bank’s technician bolts with employer’s N3m laptops

A technician working for a bank, Olusesan Orebajo, who allegedly stole eight laptops valued at N3 million belonging to his employer, was on Wednesday charged before a Tinubu Magistrates’ Court, Lagos. The post Bank’s technician bolts with employer’s N3m ...
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Police injured as robbers snatch N25m from bullion van

A police officer sustained grave injuries on Wednesday after a gang of robbers waylaid a bank’s billion van between Otulu and Ubulu-Okiti, along Asaba/Benin expressway, Delta State, and made away with N25 million. The gunmen were said [...] The post Po...
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NDIC charges bankers on financial literacy, consumer protection

NDIC charges bankers on financial literacy, consumer protection

THE Nigeria Deposit Insurance  Corporation (NDIC) has called on bankers in the country to pay more attention on financial literacy and consumer protection issues. Managing Director/Chief Executive, NDIC, Alhaji Umaru Ibrahim made this call while speaking at t...
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H1 2017: Customer resistance, other factors cost 5 banks N363bn decline in deposits

H1 2017: Customer resistance, other factors cost 5 banks N363bn decline in deposits

THE top five banks in the country recorded N363 billion decline in customers’ deposit in the first half of 2017, H1’17, reflecting their inability to meet up with demand for higher interest rate by customers. The banks are Access Bank, First Bank, Guaranty...
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We deserve satisfaction, commercial bank customers tell CBN

We deserve satisfaction, commercial bank customers tell CBN

Bank customers in the country have called on the Central Bank of Nigeria (CBN) to ensure commercial banks live up to their mandate of satisfying customers. The post We deserve satisfaction, commercial bank customers tell CBN appeared first on Vanguard News. .....
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SPONSORED: Finding the right banking partner in Africa

SPONSORED: Finding the right banking partner in Africa

Home to some of the fastest growing economies in the world, Africa has an abundance of attractive investment opportunities. Emerging market and developing economies are anticipated to grow 4.1% – far faster than advanced economies, [...] The post SPONSORED: ...
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Litigant, bank in war of words over inheritance

Litigant, bank in war of words over inheritance

BENIN—MRS Airewele Evbu, one of the litigants in the suit involving the children of late Joseph Bazuaye, over control of his estate, has called on a first generation bank to disclose details of her father’s account. The post Litigant, bank in war of words ...
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Guaranty Trust Bank: Enhanced operational efficiency book quality support earnings

Guaranty Trust Bank: Enhanced operational efficiency book quality support earnings

EQUITY investors’ in the Nigerian stock market   appear to be swinging back on bull-side of the stock of Guaranty Trust Bank Plc (GTB) after a frosty-footed reaction to the half year, 2017 (H1’17) earnings and benefits announcement by the bank’s board e...
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