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Nigeria Banking News. Service for global professionals. Constantly updated news and information about Nigeria.
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Latest Nigeria Banking News

  • Asia Universal Bank Named Best Bank in Kyrgyzstan by The Banker 24 Dec 2009 13:30 GMT
    ... the most challenging years ever for the banking industry. Winners of the “Bank of the ... The Banker, “Awards are given for the banks' performance over the 12-month period up to ... Belgium, the Baltic states, Iceland, Ireland and Nigeria.” Speaking of the bank’s achievement, AUB’s Chief ...

  • Obi - 2010 Election Not Do Or Die 24 Dec 2009 12:23 GMT
    ... with anybody. I am not going to mortgage my life, my future or anything to ... faithfully and contribute in building a better Nigeria. That is why even in spending money, ...

  • Tyranny of the Absent Man [analysis] 24 Dec 2009 12:23 GMT
    ... button as the defining trademark of Yar'Adua's Nigeria is very much in place. It may ... Even on the eve of Christmas, some banks fired thousands in another wave of government induced ...

  • 'Leadership of ANPP Should Be Disbanded' [interview] 24 Dec 2009 12:23 GMT
    ... of the Buhari faction of the All Nigeria Peoples Party (ANPP) in Kaduna State. In ... of the government. The other faction has mortgaged the party by joining the government but ...

  • 419 scam takes advantage of World Cup 24 Dec 2009 11:03 GMT
    ... be on the alert for a 419 Nigerian scam - a "Fifa 2010 World Cup ... via e/mail.to ask for my help in banking the monies here in South Africa.I e/mailed him ...

  • 'By the grace of God you will have the money' 24 Dec 2009 11:03 GMT
    ... what police called "A slant of the Nigerian 419 scam" and warnings from the Nelson ... 1 comment pages, 2 total comments The banks should be fined for opening up accounst without ...

  • Okogie, Ademowo Charge Xtians to Be Hopeful 24 Dec 2009 10:36 GMT
    ... separate Christmas and New Year messages to Nigerians, Archbishop of Lagos, Anthony Cardinal Okogie, and ... in the country, mass retrenchment in the banking sector, poor leadership, epileptic power supply, as causes ...

  • Banking system 'hole' revealed in cards scam 24 Dec 2009 09:43 GMT
    ... judge condemned a "shocking hole" in the banking system yesterday as he jailed two fraudsters ... there was a "shocking hole in the banks' credit system". Banks investigating the pair's activities ... purchasing stolen details from hackers, the two Nigerian immigrants used them to splash out online ...

  • African Markets - Factors to watch on Dec 24 24 Dec 2009 07:14 GMT
    ... the non-payment of amnesty allowances. Shareholders in Nigeria's First City Monument Bank (FCMB) have given ... Zambia will cut government borrowing from the banking sector in 2010 and introduce a single ... help bring down interest rates and encourage banks to mobilise savings, a minister on Wednesday. ...

  • Commodities Will Crawl In 2010 24 Dec 2009 06:35 GMT
    ... to cut some of its losses in Nigeria, reportedly preparing to sell $5 billion in ... particularly if rising headline inflation prompts central banks to start tightening interest rates, given the higher ...

  • 70 percent of nations face religious restrictions 24 Dec 2009 04:36 GMT
    ... restrictions 23. December 2009 by Adelle M. Banks, Religion News Service WASHINGTON — About one-third of ... In contrast, nations such as Bangladesh and Nigeria had moderate level of government restrictions but ...

  • Stay Off Troubled Banks, Labour Warns Investors 24 Dec 2009 04:32 GMT
    ... Lagos — Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has warned ... further negotiations with the Central Bank of Nigeria (CBN) in order to avert an industrial ... recent mass sack of members in the banking industry, he said the association had informed ...

  • Online card fraudsters jailed after £60k spree 24 Dec 2009 01:03 GMT
    ... A JUDGE condemned a "shocking hole" in banks' security yesterday as he jailed two fraudsters. Gboyega ... in the banks' credit system". The two Nigerian immigrants used the card details at online ...

  • Nigerians Are Bad Borrowers, Oloye 23 Dec 2009 22:03 GMT
    ... attributed to the bad borrowing nature of Nigerians. Speaking to Vanguard, the Managing Director, Havilah ... lack of sound credit products by microfinance banks, MFBs, is not the bane of the sector, ...

  • Nubifie Asks Yar'Adua to Sack Agric Minister 23 Dec 2009 22:03 GMT
    ... Kaduna — National Union of Banks, Insurance and Financial Institutions Employees, NUBIFIE, has urged ... Sayyadi Abba Ruma for allegedly undermining the Nigerian Agricultural, Cooperative and Rural Development Bank Limited ...


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