Concerned by the weakness of the banking sector in the North, its socio-cultural organisation the Arewa Consultative Forum [ACF] is planning to set up a mega bank that will stimulate economic growth and development, according to its chieftain Senator John

Anambra State Governor, Peter Obi, is wooing the largest NGO/micro credit organisation in the world, BRAC, which is operational in many countries, to come to the state and assist in its collaborative efforts to empower the poor, especially women and

On the second day of their strike action, which some banks in Umuahia, the Abia state capital joined yesterday, Abia State Government has warned the banks not to play into the hands of political opponents even as it stated it

To maximize its economic potentials sequel to the recent ranking of Bauchi State by the World Bank as the best investor-friendly state in Nigeria, the Bauchi State Executive Council has approved the formation of an investment climate committee comprising all

Despite the over 1000 microfinance banks scattered around the country, microfinance is yet to be in Nigeria.

United Bank for Africa, Sierra Leone, a subsidiary of UBA Plc, last week celebrated 100 days of banking operations with the launch of its ATM services as well as a pledge to continue to provide world class banking services to

The governor of the Central Bank, Professor Chukwuma Soludo, and president of the Chartered Institute of Bankers of Nigeria who is also CEO of Intercontinental Bank Plc, Erastus Akingbola, have been talking up the Nigerian banking system.

The Central Bank (CBN) has said that banks found to be involved in unwholesome asset trading will be denied access to the recently introduced Discount Window (DW) designed to assist those that may run into financial crisis as a result

Following cases of unprofessional practices by some Nigerian bankers, the Chattered Institute of Bankers of Nigeria (CIBN), has started compiling list of all bankers in Nigeria to punish erring ones.

Erastus Akingbola and his team and the Chartered Institute of Bankers of Nigeria are charting a path they believe would lead to the restoration of past glory of the banking profession, Babajide Komolafe reports.

GLOBAL Trust Bank on Friday commenced operations with a bang.

For the second time in one month, Ecobank Transnational Incorporated (ETI) has received global acclaim for innovation, leadership and excellent banking services across the African continent, as the Pan African Bank and its CEO, Mr. Arnold Ekpe have won the

WHEN the Reserve Bank announced the increase of the withdrawal limit to $500 000, the news was initially received very well. But not for long.

The Nigeria Deposit Insurance Corporation 2007 annual report has shown that some banks were yet to imbibe the tenets of the Code of Corporate Governance issued by the CBN in 2006, Babajide Komolafe writes

The disadvantaged position of the poor in Nigerian in accessing finance may soon abate, if the efforts of a non-governmental organisation (NGO), "Enhancing Financial Innovation & Access (EFInA), sail through.

The World Bank has offered Nigeria $3 billion facility to enable the President Umaru Yar'Adua improve education, health, roads, and agriculture with a view to reducing the nation's poverty rate and living standards of the people.

Stanbic Bank Botswana recently appointed Leina Gabaraane as its Managing Director, the first Motswana to attain the exulted position. Staff Writter WANETSHA MOSINYI recenttly caught up with the media shy Gabaraane:

About seven commercial banks operating in Abia State have closed their doors against customers in protest against the spate of kidnap incidents in the state.

I was intrigued by the call by National Incomes and Pricing Commission chairman, Godwills Masimirembwa, who is obviously struggling to remain relevant in a situation where his office has always been just another of Zanu PF's costly indulgences, for a

As it embarks on a strategy to improve revenue growth and operational efficiency, the National Development Bank (NDB) seeks to increase its borrowing limit to P1 billion from the current ceiling of P400 million.