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Standard & poor’s affirms Access bank ratings outlook stable

STANDARD and Poor’s Global rating agency has affirmed its ‘B/B’ long-term issuer credit ratings and ‘ngA/ngA-1’ Nigeria national scale ratings on Access Bank and discontinued its ‘CCC+/C’ issuer credit ratings and ‘ngBB/ngB’ Nigeria national scale ratings on Diamond Bank. According to the agency, the stable outlook on Access Bank reflects the expectation that the bank […]
The post Standard & poor’s affirms Access bank ratings outlook stable appeared first on Tribune Online. …

Court seals Access Bank, Diamond Bank merger

Court seals Access Bank, Diamond Bank merger

The Federal High Court (FHC) has sanctioned the approved scheme of merger between Access Bank Plc and Diamond Bank Plc, the final seal that effectively brings the merger of the two commercial banks into effect. Consequently, the Nigerian Stock Exchange (NSE) yesterday suspended trading on the shares of Diamond Bank Plc, which will be dissolved […] …

Access, Diamond Banks commemorate International Women’s Day

Access, Diamond Banks commemorate International Women’s Day

Access Bank and Diamond Bank are marking the International Women’s Day 2019 today as they look forward to completion of the merger process, which will make the new entity the largest retail bank in Africa. The event will be celebrated with a 2-day event with the theme ‘Balance for Better’. The celebrations will kick off […] …

Merger: Diamond Bank launches loan service to reduce financial burden

DIAMOND Bank Plc has introduced PayDay Loan to ease the financial burden of its customers as part of the benefits from its merger with Access Bank Plc. According to the bank, PayDay Loan is an instant salary advance service available to all customers who have their salary accounts in Diamond Bank. “PayDay Loan is service […]
The post Merger: Diamond Bank launches loan service to reduce financial burden appeared first on Tribune Online. …

Diamond, Access Banks lead in alternative channels

Diamond, Access Banks lead in alternative channels

Chinwendu Obienyi Diamond and Access bank are set to have the largest alternative channels on the continent even as customers of both financial institutions can now use their combined total of 3,100 Automated Teller Machines (ATMs) without paying the usual N65 charge that applies after a customer’s third withdrawal from other bank’s ATM. A statement […]
The post Diamond, Access Banks lead in alternative channels appeared first on The Sun Nigeria. …

Access Bank, Diamond Bank customers to use 3100 ATMs without N65 charges

Customers of Access Bank Plc and Diamond Bank Plc from Tuesday will have access to 3,100 Access Bank and Diamond Bank Automated Teller Machines (ATMs), without paying the customary N65 per transactions. “Wishing everyone a happy new year. Now with over 3100 ATMs free to use for all our customers,” the Diamond bank tweeted on […]
The post Access Bank, Diamond Bank customers to use 3100 ATMs without N65 charges appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …

Bank fines, Adeosun’s scandal rocked financial sector in 2018

Bank fines, Adeosun’s scandal rocked financial sector in 2018

In 2018, double-digit inflation roiled the economy just as the foreign exchange (forex) market was under steady intervention of the Central Bank of Nigeria (CBN) in order to keep the Naira within the N360 band to the US dollar. Aside the money market, the capital market too was rocked by constant outflows as election uncertainties […]
The post Bank fines, Adeosun’s scandal rocked financial sector in 2018 appeared first on The Sun Nigeria. …

Stocks close 2018 bullish

Stocks close 2018 bullish

Following strong investors’ sentiment in the shares of Dangote Cement, Nigerian Breweries and Seplat, the last trading session of 2018 at the Nigerian Stock Exchange (NSE) closed on a positive note. Consequently, the All-Share Index (ASI), which opened at 31,430.50 points, rose by 392.78 basis points or 1.27 per cent to settle at 31,430.50 points […]
The post Stocks close 2018 bullish appeared first on The Sun Nigeria. …

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