Nigeria at 61: Access Bank to reward 14 customers with N1m each

Access Bank Plc is set to reward 14 customers with N1 million each in the DiamondXtra Independence Splash to commemorate Nigeria’s 61st Independence Anniversary. Mr Victor Etuokwu the bank’s Executive Director, Retail Banking, made this known in a statement made available to the newsmen in Lagos on Monday. “The DiamondXtra Independence Splash draw which is […]

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GTBank posts N93.1bn in six months – Agbaje

Guaranty Trust Bank, now Guaranty Trust Holding Company Plc, has posted a profit before tax of N93.1 billion for the six months ended June 30, according to the Group Chief Executive Officer of Guaranty Trust Holding, Mr Segun Agbaje. Disclosing the company’s audited financial results for the period ended June 30, on Friday, in Lagos, […]

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Zenith Bank launches artificial intelligence chatbot, ZIVA

To further ease transactions, Zenith Bank Plc has introduced an Artificial Intelligence (AI) powered Chatbot on WhatsApp named ZIVA (Zenith Intelligent Virtual Assistant), which enables customers to perform financial transactions and enjoy real-time customer service from their mobile phones. According to a statement from the bank, with this solution, customers would be able to enrol […]

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CBN refunds Nigerians N82b for failed bank transactions

Reprieve may have come the way of commercial bank customers, as the Central Bank of Nigeria (CBN) has facilitated their repayment of N82.2 billion for failed transactions.The apex bank said the recovery was based on verified complaints as of June this year. CBN Governor, Godwin Emefiele, who made the disclosure yesterday in Calabar at the […]

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CBN debunks alleged plan to convert dollar account holdings to naira 

‘We will ensure full compliance with new rules’ The Central Bank of Nigeria (CBN) has assured the public that it will monitor the deposit money banks (DMBs) to ensure they comply with set rules and meet the legitimate foreign exchange needs of Nigerians. This came as the apex bank dismissed reports of the planned conversion […]

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GTB appoints Olusanya first female managing director

The newly established Guaranty Trust Holding Company Plc has appointed Mrs Miriam Olusanya as the managing director of Guaranty Trust Bank Limited. It also announced its new board of directors as well as changes to the board of its banking subsidiary, Guaranty Trust Bank Limited on Wednesday. The statement said, “The banking subsidiary, Guaranty Trust […]

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CBN debunks planned seizure of Unity Bank

The Central Bank of Nigeria has denied planning to nationalise Unity Bank Plc as alleged by an online news medium. Reacting to the report, the acting Director, Corporate Communications Department, CBN, Osita Nwanisobi, described it as fake news. “The report is fake news,” he said. He added that the public should disregard such news. The […]

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Banks begin N6.98 USSD charge, customers kick

Some banks have notified their customers that they would start charging them N6.98 for every USSD transactions. However, experts have said that excessive charges by banks could pose a threat to financial inclusion. According to them, it will increase cash transactions because many bank customers would avoid using the USSD for transactions and could also […]

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