(AFRICAN EXAMINER) – EFCC has declared that banking sector fraud is largely perpetrated by insider Information, Communication Technology (ICT) employees. Mr Abbah Sambo, Head, Cybercrime Section of the EFCC, made the disclosure at a national seminar on Banking and Allied Matters for judges. Sambo represented the EFCC chairman, Mr Abdulrasheed Bawa, at the seminar. He […]
(AFRICAN EXAMINER) – The Fiscal Responsibility Commission (FRC) says it has notified about 14 banks and financial institutions allegedly granting loans without due process to state governments. Executive Chairman of the FRC, Mr Victor Muruako, made the disclosure at a Transparency and Accountability Sensitisation Workshop for the South West in Lagos on Monday. African Examiner […]
(AFRICAN EXAMINER) – A leading commercial bank in Nigeria, Fidelity Bank Plc has emerged winner of the 2020 Development Bank of Nigeria (DBN) service award for the highest disbursement to DBN-focused locations. Fidelity Bank currently has about 6 million customers who are serviced across its 250 business offices and various other digital banking channels. The […]
(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) has announced the postponement of the proposed launch of its digital currency, e-Naira. A statement by apex bank’s Director of Communications, Mr Osita Nwanisobi, said that the launch, which was earlier scheduled for Oct. 1, was postponed due to other activities lined up to commemorate the […]
…Hits 3 Million User Mark (AFRICAN EXAMINER) – Pan African financial institution, United Bank for Africa (UBA) Plc, has in the last three years won the hearts of its customers with its artificial intelligence chat bot, LEO, which has proven to be the most formidable artificial intelligence chat bot till date; serving an ever-increasing clientele […]
(AFRICAN EXAMINER) – The United Bank of Africa has published the names of some individuals who applied for Personal Travel Allowance and bought cheap dollars at the bank but did not use it for the purpose they applied for. The account numbers and Bank Verification Numbers of the defaulters were included in the publication. According […]
(AFRICAN EXAMINER) – The director of Information Technology, Central Bank of Nigeria (CBN), Rukiya Mohammed, said the apex bank has concluded plans to launch the Central Bank Digital Currency (CBDC) on October 1. African Examiner reports that Mohammed disclosed this in a webinar, themed “Digital currency and the prospects of CBDC in Nigeria”, organised by […]
(AFRICAN EXAMINER) – The North-South Economists’ Forum, NSEF, a focus group of development economists, has exonerated Central Bank of Nigeria, CBN, Governor, Mr. Godwin Emefiele, from the continued depreciation of the value of the naira in the forex market. The body of economists in a press release signed by its Chairman, Malam Ahmed Abdulkadir and […]
(AFRICAN EXAMINER) – Group Managing Director and Chief Executive Officer (CEO) of Access Bank Plc, Herbert Wigwe has emerged winner of the 2020 Leadership Awards’ ‘Banker of the Year’. This award was bestowed on him at the Leadership Conference and Awards ceremony which was held in Abuja on Thursday, in recognition of his stellar leadership […]
(AFRICAN EXAMINER) – Africa Fintech Foundry (AFF) has announced its partnership with Access Bank’s ‘W’ Initiative to jointly establish a digital academy solely for women. The establishment of the female digital school which is aimed at fostering tech diversity, will educate over 500 women to become technology gurus over the next three to five years. […]
(AFRICAN EXAMINER) – Central Bank of Nigeria (CBN) has assured Nigerians that the introduction of its digital currency, eNaira, will facilitate cross-border remittances and improved efficiency in payment system in the country. . This is coming ahead of the Central Bank Digital Currency (CBDC), scheduled to be unveiled in the last quarter of this year. […]
(AFRICAN EXAMINER) – Access Bank Plc has posted a profit before tax (PBT) of N97.49 billion in six months as at June 30. This was stated in the bank’s interim financial statement signed by the Company Secretary, Mr Sunday Ekwochi, posted on the website of the Nigerian Exchange (NGX) Ltd. on Thursday in Lagos. The […]
(AFRICAN EXAMINER) – The Central Bank of Nigeria has directed all commercial banks to publish on their websites the names and Bank Verification Numbers of customers who engage in fraudulent and unscrupulous practices to obtain foreign exchange from banks. In a circular issued by the on Tuesday, the bank outlined the fraudulent practices to include […]
(AFRICAN EXAMINER) – A frontline multinational commercial bank, Access Bank Plc, has reassured customers of its commitment to protecting them from the criminal activities of fraudsters. In a statement made available to the media today, the bank said it has remained committed to educating its customers, informing and protecting them from fraudsters, over the years. […]
(AFRICAN EXAMINER) – First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, has been awarded the 2021 ‘’Retail Banking CEO of the Year Nigeria’’, ‘’Most innovative Retail Banking App Nigeria’’ and ‘’Best CSR Bank Nigeria’’ awards by Global Banking and Finance magazine. The respective awards conferred on the Bank are in recognition […]
…Impacting Hundreds of Thousands of Lives and Communities Across Nigeria (AFRICAN EXAMINER) – If you live in Lagos, Abuja or Port Harcourt, or you reside in any of the other state capitals, you probably take for granted that you actually live in the better of the two worlds that make up Nigeria when it comes […]
By Etim Etim (AFRICAN EXAMINER) – The banking industry will make a huge donation of cash, vehicles and equipment to the Nigerian Army, Police and other law enforcement agencies in the next few weeks to support the federal government’s fight against insecurity, Herbert Wigwe, Access Bank’s Group Managing Director & chief executive announced to shareholders […]
(AFRICAN EXAMINER) – Millions of telecommunications subscribers were stranded on Friday as commercial banks disconnected MTN customers from banking channels including the Unstructured Supplementary Service Data and banking apps. MTN has 77.35 million subscribers, according to latest industry statistics from the Nigerian Communications Commission. MTN customers complained on Friday about being unable to recharge their […]
(AFRICAN EXAMINER) – Avon Healthcare Limited, a leading health management organisation has partnered with pan-African financial institution, United Bank for Africa (UBA) Plc, to develop well-tailored and unique health plans for children. The collaboration to develop the new health plans became necessary due to the gap that exists in the area of child healthcare and […]
(AFRICAN EXAMINER) – First Bank of Nigeria Ltd has unveiled First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. FirstBank Chief Executive Officer, Dr Adesola Adeduntan, disclosed this in a statement in Lagos. Adeduntan said that the FGT initiative was specifically designed to ensure safe, timely and improved […]
