BANKING

  The newest and third Non-Interest Bank (NIB) in the country, LOTUS Bank Ltd., has announced commencement of operations in three new locations in Lagos State. The Managing Director of LOTUS Bank Ltd., Mrs Kafilat Araoye, in a statement on Friday said that with the simultaneous opening of three new...

Four customers of Ecobank Nigeria Limited, including Tsoo Alaye, with an Ecobank Microfinance Special Account representing FCT / Northern Region; Badero Modupe Olufunmilayo, with a Personal Flexi Account, representing Lagos Region; Omiwole Damilare Daniel, with an Ecobank Microfinance Special Account, representing Midwest and South West Region; and Hayford Gogo Lawson,...

Access Bank has introduced the 901911# USSD code, a solution that allows customers to act swiftly to prevent fraudulent activities on their accounts. The service allows customers of all account types to deactivate a USSD profile simply by dialing 901911# from any phone, inputting the registered phone number for the...

  Access Bank Plc on Thursday unveiled DiamondXtra Season 13 savings promo to reward loyal customers with N600 million. The bank’s Executive Director, Retail Banking, Mr Victor Etuokwu, said at the launch in Lagos that the initiative was instituted to enhance savings culture and drive the Federal Government’s financial inclusion...

Heritage Bank Plc, Nigeria has rolled out robust products known as Acada School Portal Solution with the aim of adding value to the different levels in the educational sector; whilst making a new entrant into the financial sector with the unveiling of the Alumni Banking Service. The two products Acada...

  The Gov. of Central Bank of Nigeria (CBN) Dr Godwin Emefiele on Thursday disclosed that at the end of June 2021, commercial banks in Nigeria refunded N89.2 billion to customers over complaints. Emefiele made the disclosure during a CBN Fair held simultaneously in Cross River and Akwa Ibom with...

  In a bid to safeguard its e-banking platforms with enhanced safety and security features, Unity Bank Plc has unveiled a new code on its USSD platform that completely puts the customer in control of his Bank Account against any e-Banking fraud. The new code which is *7799*9*Phone Number #...

In commemoration of this year’s National Diaspora Day event, Ecobank Nigeria is joining the rest of the country to celebrate Nigerians in the diaspora by making transactions on its proprietary money transfer app, Rapidtransfer, free of charge. The Federal Government has set aside July 25 of every year as the...

Wema Bank is fulfilling its promise to make this year as exciting as possible for its customers with the commencement of its newly launched reward scheme, 5 for 5, in which customers stand an excellent chance to win amazing prizes over the next nine months. Beginning from the 1st of...

All is set for the launch of “Ellevate”, a bespoke women empowerment proposition of the Ecobank Group. Ellevate is targeted at empowering women-owned, and women-focused businesses in Nigeria. Executive Director, Commercial Banking, Carol Oyedeji said the initiative which is scheduled for launch on July 7, 2021 in Lagos (Registration link...