Access Bank Completes Acquisition of Kenyan Transnational Bank Plc Access Bank Plc on Monday announced that it had successfully completed…

Analysts Bullish on Banks with Strong Digital Channels, Domestic Loans. Chapel Hill Denham has expressed interest in Nigerian Banks with strong digital footprint, a well-diversified loans book and sizeable foreign currency position.

Bond Auction: DMO Sets to Offer ₦130 Billion across Four Tenors The Nigeria’s Debt Management Office (DMO) is set to conduct first bond auction on Wednesday with ₦130 billion offer across four tenors.

Wema Bank Builds Training Academy to Enhance Innovation, Performance. Wema Bank Plc has built a new training school, Wema Purple Academy, with the multi-purpose function of providing quality training for staff as well as a space for innovators to collaborate.

IFC Supports Access Bank with $50 million for On-lending to SMEs. IFC, a member of the World Bank Group, is providing a loan of up to $50 million to Access Bank Plc to help the bank increase liquidity to thousands of small and medium-sized enterprises (SMEs) in Nigeria which are navigating the econ

Inter-Bank Debit: Analysts Seek Coverage for Instant Credit Vendors. Some analysts have raised thumb up for the Central Bank of Nigeria for activation of the global standing instruction that permits inter-bank debits on debtors account.

CBN to Continue to Pressure Banks to Drive OMO Stop Rates Down. Nova Merchant Bank said it expects the Central Bank of Nigeria to continue to pressure banks to drive Open Market Operations (OMO) stop rates lower.

MPC and the Three Evils of Unemployment, Interest & Inflation Rates. The Central Bank of Nigeria’s (CBN) Monetary Policy Committee will be meeting today to reflect on developments in the local and global economies and how it affects it choice of policies.

SEC to streamline market investment processes, says DG. The Securities and Exchange Commission (SEC) has promised to streamline processes involved in getting back investments in the market to boost investors’ confidence.

FAAC Shares N651.18 Billion to FG, States, LGs in June. The Federation Accounts Allocation Committee (FAAC) has shared N651.18 billion Federation Account Revenue to the federal, states and local government councils and relevant agencies for the month of June.