Banking
Dangers of Using Somebody Else’s Bank Card
Credit and debit cards are handy tools for payment. They can be used online or in person, and it is easy to use somebody else’s card. In fact, cards often get passed around, stolen, or […]
Banking
Banking
Bank Customers Lose N3.6bn To Cyberfraud
A total of 63,895 bank customers lost N3.6bn to cyberfraud in two years, 2017 and 2018, the Nigeria Electronic Fraud Forum has disclosed. The Chairman, NeFF, Sam Okojere, who is also the Director, Payments System […]
Banking
Access Bank Lists N15bn Corporate Green Bond On NSE, FMDQ OTC
Access Bank Plc has listed its recently issued green bond on the FMDQ OTC Securities Exchange and the Nigerian Stock Exchange. This follows the formal approval of the bond by the Securities and Exchange Commission. […]
Banking
Access Bank Issues Africa’s First Corporate Green Bond
Access Bank Plc has issued a five-year fixed rate senior unsecured green bond to the tune of N15 billion making it the first corporate green bond to be issued in Africa. The bond offer, which […]
Banking
FBNInsurance Group fetes foundation
FBNInsurance Limited and FBN General Insurance Limited, have reached out to the Heritage Homes and the Down Syndrome Foundation, as part of companies appreciation activities to give back to the society across the country. In […]
Banking
Fortunes Lost To Dormant Automobile Policy As Vehicle Smuggling Thrives By Sulaimon Salau
The recent call for the downward review of tariff on all imported vehicles into the country by the Comptroller Genera, Nigeria Customs Service (NCS), Ahmeed Ali, has elicited divergent concerns from stakeholders. But they all […]
Banking
Lapses In Guide To Bank Charges By Chris Enyinnaya
Apparently in response to my earlier widely publicized write-up, When a regulator aids and abets illegalities, the spokesman of Central Bank of Nigeria (CBN) and his colleague, the Director of Banking Supervision were on Channels […]
Banking
RANKING: Best And Worst Performing Banks of 2018 | TheCable
The year 2018 has been very challenging and equally eventful for the Nigerian banking sector. Skye Bank morphed into Polaris Bank, while Access Bank and Diamond Bank are fixing the bolts and nuts of the […]
Banking
New Year Gift: You can now use Diamond Bank ATM Cards on Access Bank Machines Without N65 Charge
Diamond Bank Plc says all its customers across the world can now use their bank cards on Access Bank Automated Teller Machines without paying the customary N65 per transaction. The bank made this revelation on […]
Banking
Nigerians And Their Banks By Bernard Okhakume
MC&A Digest team members are not bankers, and we respect professionals so much, we do speak other people’s language. One of the beautiful things about professionalism is the peculiarity of language. The lawyers would even […]
Banking
Merger: Access Bank Set To Raise $250m Capital | Punch
…to gain 19 million customers from Diamond Bank Nike Popoola The Chief Executive Officer, Access Bank Plc, Herbert Wigwe, said the bank had finalised plans to raise $250m Tier 11 capital. During a press briefing […]
Banking
CLOSE-UP: Pascal Dozie, The Investment Guru Who ‘Sold MTN Shares’ To Rescue Diamond Bank But Failed | TheCable
Pascal Dozie, founder of Diamond Bank Plc, will remember December 17, 2018, as the day his bank began its journey into extinction. Once described by Forbes as the ‘Rolling Stone That’s Never At A Loss’, […]
Banking
Why Access Bank acquired Diamond Bank
Although strong denials greeted the initial report last month of ongoing acquisition talks between Access Bank and Diamond Bank, it is now official that both lenders are close to sealing a Merger and Acquisition (M&A) […]
Banking
EXCLUSIVE: Access Bank Acquires Diamond Bank | TheCable
Access Bank has finally acquired Diamond Bank, TheCable can report. According to insiders, the official announcement of the transaction will be made in the course of the week by the Central Bank of Nigeria (CBN). […]
Banking
Access Bank Pledges Technology Faculty for UNN
By Christopher Isiguzo in Enugu The Group Managing Director of the Access Bank, Dr. Herbert Wigwe said the bank has begun moves to endow a Technology Faculty at the University of Nigeria Nsukka (UNN). Wigwe […]
Banking
Access Bank Emerges Africa’s Most Responsible Business
…wins major awards at SERAS 2018 Leading financial institution, Access Bank Plc continues to earn recognition for its efforts in leading the charge on sustainability, as the bank won the ‘Most Responsible Business in Africa’, […]
Banking
CBN Grants Diamond Bank Approval To Operate As National Bank
The Central Bank of Nigeria (CBN) has granted Diamond Bank Plc, approval to operate as a national bank following its application for it. The bank’s Chief Executive Officer, Mr Uzoma Dozie, said this in a […]
Banking
Stop ATM Charges, Bank Customers Urge CBN
Some customers of commercial banks in the Federal Capital Territory (FCT) have appealed to the Central Bank of Nigeria (CBN) to stop charges on transactions made through Automated Teller Machines (ATMs). The customers, who made […]
Banking
UPDATED: Why Diamond Bank Chairman, Three Other Directors Resign
The chairman and three non-executive directors of Diamond Bank have resigned from their positions. This was confirmed by the bank in a letter dated October 24 and sent to the Nigerian Stock Exchange. In the […]
Banking
HEDA Petitions Consumer Council Over ‘Fraudulent’ Bank Charges | SaharaReporters
The Human and Environmental Development Agenda (HEDA) Resource Centre has asked the Consumer Protection Department to review and investigate recent growing concerns over fraudulent and ridiculous financial service charges and deduction rates, especially in the […]