Banking articles

Stanbic IBTC Bank leads in cash management and trade finance

Stanbic IBTC Bank leads in cash management and trade finance

Stanbic IBTC Bank PLC, has emerged winner of the Gold Prize at the 2017 edition of Deutsche Bank Awards for Excellence in Cash Management and Trade Finance in Nigeria. This is the second time the bank is being awarded as the top performer in this category. The category tagged Straight-Through Processing (STP) Excellence Award has been a feature

Stanbic IBTC Bank offers bundled-benefit banking services to enterprises

Stanbic IBTC Bank, a member of Stanbic IBTC Holdings PLC, has introduced a new banking product that will help small and medium scale enterprises save on cost and and optimize their Business margins/revenues. The product, Biz-Smart Account, enables Enterprises open and operate the account without paying maintenance fees and other related charges. Biz-Smart Account is a hybrid current naira

GTBank Launches Days of Dorcas Online Photography Competition

Foremost African financial institution, Guaranty Trust Bank plc, launches the Days of Dorcas Online Photography Competition. The contest is part of the bank’s Art635 Gallery initiative aimed at promoting Arts and supporting African artists.  The online competition gives budding African female photographers,   between the ages of 18 – 39 years, the opportunity to enhance their

Mixed reactions trail CBN’s move to sanction bank CEOs

Shareholders have expressed mixed reactions to plans by the Central Bank of Nigeria (CBN) to sanction Chief Executive Officers (CEOs) of banks that fail to submit audited results of their banks after 12 months. The shareholders expressed their view in separate interviews with the our reporters in Lagos on Friday, while reacting to the apex

Breaking: Fire scare at CBN headquarters

There was confusion at the headquarters of the Central Bank of Nigeria following scare of a fire outbreak at the premises of the apex bank. The fire was said to have started at about few minutes past six and lasted for about 30 minutes before it was put out. Our correspondent who visited the headquarters

The 2018 GTBank’s Food And Drink Fair Set To Hold For 3 Days

From the promise of mouth-watering delicacies to the allure of savoury wine tastings, the 2018 GTBank Food and Drink Fair is set to deliver, in 3 days, an experience that will certainly remain unmatched for the entire year. On April 29th, 30th and May 1st, 2018, the third edition of the GTBank Food and Drink Fair will

Robbers Attack Offa Again, Kill Pregnant Police Officer, Residents

A gang of armed robbers on Thursday raided some commercial banks in Offa, Kwara, killing some policemen and residents as well as carting away an undisclosed amount of cash in the process. The heavily armed hoodlums had attacked the Owode Police Station in the metropolis where they killed the policemen and some complainants before they