Banks Archives - The Cheer News

Ecobank Nigeria Announces Pricing Of Its Senior Unsecured $300m Bond

EDITORFebruary 11, 2021

by EDITORFebruary 11, 2021073

Ecobank Nigeria (“ENG” or “the Bank”) (www.Ecobank.com/ng), a wholly-owned subsidiary of leading pan-African banking giant, Ecobank Transnational Incorporated (‘ETI’), the parent company of the Ecobank...

Banks

Hope PSBank Begins Free NIN Registration for Nigerians across Offices Nationwide

EDITORFebruary 11, 2021February 12, 2021

by EDITORFebruary 11, 2021February 12, 2021088

L-R: Group Head, Corporate Services, Hope PSBank, Cletus Igah; Managing Director, Hope PSBank, Ayotunde Kuponiyi; Chief Marketing Officer, Hope PSBank, Kathleen Erhimu and, Group Head,...

Banks

Bank of Khyber Rebrands to Temenos Core and Digital Banking Platform

EDITORJanuary 14, 2021

by EDITORJanuary 14, 2021059

Bank of Khyber (“BoK”) which is a leading bank in Khyber Pakhtunkhwa, Pakistan, with 175 branches, has successfully gone live with Temenos Transact the next-generation...

Banks

UBA Wins BusinessDay’s Bank and other Financial Institutions Awards

EDITORDecember 1, 2020

by EDITORDecember 1, 2020099

United Bank for Africa (UBA) has won the of Bank of the Year and the International Bank of the Year categories during the BusinessDay’s Bank and...

Banks

Access Bank Tries To Come Out Clean On Freezing Of #ENDSARS Protesters’ Accounts

EDITORNovember 13, 2020

by EDITORNovember 13, 20200210

The management of Access Bank has on Friday tried to come out clean on the frozen of the #ENDSARS protesters accounts in their banks. It,...

Banks

CBN Reduces Interest Rate By One Percent

LEVI JOHNSONSeptember 22, 2020September 22, 2020

by LEVI JOHNSONSeptember 22, 2020September 22, 20200109

BY SEYIFUNMI LUMEKO The Central Bank of Nigeria (CBN) has announced the reduction of interest rate from 12.5 per cent to 11.5% Incidentally, this is...

Banks

FG Apologises For Demanding Financial Institutions’ Re-registration of Details

EDITORSeptember 18, 2020September 18, 2020

by EDITORSeptember 18, 2020September 18, 20201264

BY LEVI JOHNSON The Federal Government has regretted and apologised for the wrong tweet which demanded that all account holders in the country’s financial institutions...

Banks

First Bank CEO Adesola Adeduntan Wins Forbes Best of Africa Award

LEVI JOHNSONSeptember 17, 2020September 17, 2020

by LEVI JOHNSONSeptember 17, 2020September 17, 20201299

Dr Adesola Adeduntan, the Chief Executive Officer, First Bank of Nigeria Limited, has won the Forbes Best of Africa Award. The award presentation was held...

Banks

CBN Approves N200b Mortgage Finance Loan For Low-Income Earners

LEVI JOHNSONSeptember 17, 2020

by LEVI JOHNSONSeptember 17, 20202 206

The Central Bank of Nigeria (CBN) has approved N200 billion as mortgage finance loan to Family Homes Fund (FHF) targeted at low-income earners. It made...

Banks

Access Bank Begins Loan Disbursement To Industries

EDITORAugust 23, 2020

by EDITORAugust 23, 20200196

Pharmaceutical and healthcare industries have begun receiving the disbursement of the credit support scheme from Access Bank PLC through the Central Bank of Nigeria (CBN). Access...