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November 29, 2023
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Category: Money Line

Q3’23: Wema Bank showcases strong performance

Q3’23: Wema Bank showcases strong performance

Wema Bank Plc, Nigeria’s first digital bank, has announced its unaudited results for the third quarter ended September 30, 2023, showing an improved third quarter performance. According to the unaudited results released, the bank continued…

FirstBank restates commitment to host communities

FirstBank restates commitment to host communities

First Bank of Nigeria (FBN) Limited has, again, restated its commitment and support for humanity, the communities as well as the environment in which it operates. The bank stated this at the weekend during a…

CBN: Value of external debt service rises 41.65% to $439.06m

CBN: Value of external debt service rises 41.65% to $439.06m

Nigeria’s external debt service payments increased by $129.09 million or 41.65 per cent to $439.06 million in September 2023 from $309.96 million in August, latest data released by the Central Bank of Nigeria (CBN) shows.…

Analysts emphasise need for reduction in currency outside banks

Analysts emphasise need for reduction in currency outside banks

Analysts at CSL Research have harped on the need for the amount of currency held outside the Nigerian banking system to be significantly reduced. Reacting to the Money Supply statistics from the Central Bank of…

World Teachers’ Day: Wema Bank rewards outstanding teachers

World Teachers’ Day: Wema Bank rewards outstanding teachers

As part of its commitment to promoting quality education, recognising and rewarding excellence in the education sector, Wema Bank has rewarded winners of the Wema Celebrates Teachers Competition, an innovative campaign targeted at celebrating and…

NAMB urges students to imbibe savings culture

NAMB urges students to imbibe savings culture

The National Association pf Microfinance Banks (NAMB), FCT Chapter, has counseled students within FCT to cultivate savings culture and restrain from spending their entire income on consumption. Chairperson of NAMB/ CEO, Hasal MFB, Nwanna Joel-Ezeugo,…

Furex excites crypto enthusiasts with launch of trading app

Furex Technologies has launched its innovative trading app, “Furex App,” through which it aims to deliver secure, seamless crypto and other digital assets transactions as well as multi-currency support. In his opening speech at the…

Promo: Polaris Bank outlines steps to winning N1m

Promo: Polaris Bank outlines steps to winning N1m

Polaris Bank has outlined four steps for members of the public to participate in and stand the chance of winning varying cash prizes ranging from N10,000 to N1million and other rewards, in its ongoing Save…

IMF backs AfDB’s stance on natural resource-backed loans

IMF backs AfDB’s stance on natural resource-backed loans

The International Monetary Fund (IMF) has strongly supported a call by the African Development Bank Group (AfDB) urging countries on the continent to stop borrowing loans backed by their natural resources. The IMF Managing Director,…

Union Bank to reward customers in ‘Save & Win Promo’

Union Bank to reward customers in ‘Save & Win Promo’

Union Bank of Nigeria has announced the highly anticipated return of its flagship campaign, “The Save & Win Palli Promo” In a press release, the bank said that the campaign, which is now in its…