NewsvilleNg

15/01/2025

How are you doing today?

30/07/2024

The Central Bank of Nigeria has given conditions to classify bank account as dormant.

The apex bank said that only accounts that have been inactive for over 10 years are eligible to be classified as dormant and will be used for investment purposes.

It also stated that a dedicated office would be created to manage dormant accounts and unclaimed balances.

15/07/2024

UBA To Reward Customers With N200m

In celebration of its 75th anniversary, United Bank for Africa Plc (UBA) is launching the “UBA Legacy Promo” to reward customer loyalty. This campaign celebrates UBA's rich legacy and its commitment to rewarding loyal customers in a grand style.

In celebration of its 75th anniversary, United Bank for Africa Plc (UBA) is launching the “UBA Legacy Promo” to reward customer loyalty. This campaign

10/03/2024

First City Monument Bank (FCMB) has announced zero interest loan for entrepreneurs to grow their business.

To be eligible for the loan, one needs

Here is your opportunity to apply for a zero-interest loan from FCMB Sheventures. Up to five million naira (₦5,000,000) free interest loan is available to

07/03/2024

Transcorp Power Plc, a power subsidiary of Transnational Corporation Plc (Transcorp Group), has listed its shares via introduction on the Main Board of the Nigerian Exchange (NGX), adding more than N1.8 trillion to the market capitalization of NGX and further boosting liquidity in the Nigerian capital market. The listing was celebrated on the 4th of March 2024, with a Closing Gong ceremony and a “Facts Behind the Listing” presentation.

Read more here

Transcorp Power Lists on the Nigerian Exchange; Gains 10% First Day of Trading

25/02/2024

Ecobank, the leading pan-African Banking Group, has just be declared the Best Bank for SMEs in Africa 2024 award in Global Finance’s annual SME Bank Awards.

Ecobank, the leading pan-African Banking Group, has just be declared the Best Bank for SMEs in Africa 2024 award in Global Finance’s annual SME Bank Awards.

19/08/2023

Optimus Bank Limited has officially started its operations in the country, aiming to enhance financial inclusion and offer advanced technology-driven services. The Chairman, Mr. Oghogho Akpata, expressed the bank's commitment to digital leadership, sustainability, and positive community impact. The bank began operations on January 16, 2023, following its national commercial banking license approval from the Central Bank of Nigeria. Lagos State Governor, Babajide Sanwo-Olu, praised the bank's potential to stimulate economic growth and uplift individuals from poverty through innovative strategies and technology.

https://newsvilleng.com/optimus-bank-begins-operations-to-drive-financial-inclusion/

Optimus Bank Limited has officially started its operations in the country, aiming to enhance financial inclusion and offer advanced technology-driven

09/06/2023

Standard Chartered Bank Nigeria Denies Closure Rumors Amid NNPC Funds Controversy

Standard Chartered Bank Nigeria Limited has denied reports of plans to close its branches in Nigeria. The denial came in response to allegations made in a report by the House of Representatives Ad Hoc committee regarding the assets and liabilities of the Nigerian National Petroleum Company Limited.

Standard Chartered Bank Nigeria Denies Closure Rumors Amid NNPC Funds Controversy

20/05/2023

Have you visited www.newsvilleng.com today?

If no, do so now.

April 12, 2022

13/03/2023

Nigeria’s oldest commercial bank, First Bank of Nigeria Limited, has announced the retirement of Deputy Managing Director Gbenga Shobo which took effect on 27 February.

The Board said that the retirement came ahead of Mr Shobo’s attaining the mandatory retirement of 60.

The decision was made “in compliance with a recent directive of the Central Bank of Nigeria (CBN) on Tenure of Directors, via a Circular dated February 24, 2023, to Deposit Money Banks (DMB),” it added.

Nigeria’s oldest commercial bank, First Bank of Nigeria Limited, has announced the retirement of Deputy Managing Director Gbenga Shobo which took effect on 27

03/03/2023

The Supreme Court, on Friday, nullified the ban on use of the old N200, N500 and N1000 banknotes as legal tender and extended the the validity of the old notes till 31 December.

The apex court, in a unanimous decision by a seven-member panel of Justices, held that the old banknotes should remain valid legal tenders until December 31.

The Supreme Court, on Friday, nullified the ban on use of the old N200, N500 and N1000 banknotes as legal tender and extended the the validity of the old

06/02/2023

The chairman of Heirs Holdings, Transcorp and the founder of The Tony Elumelu Foundation, Anthony Onyemaechi Elumelu popularly known as Tony Elumelu has explained how he was employed in a position he was not qualified in. The Nigerian economist and philanthropist said after his Masters, he saw an application for graduates with a minimum of 2:1 in All States Trust Bank, this aligned with what he wanted for his life, but his 2:2 grade did not make him qualified, still, he applied, because he identified what he wanted in life and he was going to work towards it.

The chairman of Heirs Holdings, Transcorp and the founder of The Tony Elumelu Foundation, Anthony Onyemaechi Elumelu popularly known as Tony Elumelu has

03/02/2023

United Bank for Africa has announced the appointment of her first female Chief Executive Officer (CEO).

The Board of Directors of the bank announced the appointment of Mrs. Abiola Bawuah, as Chief Executive Officer (CEO) of the bank. Bawuah would join the Group Board as an Executive Director, overseeing the Group’s operations across the African continent, outside Nigeria.

United Bank for Africa has announced the appointment of her first female Chief Executive Officer (CEO).

21/01/2023

The apex bank of Nigeria, The Central Bank of Nigeria, has released ways to identify genuine and authentic redesigned naira notes.

The apex bank of Nigeria, The Central Bank of Nigeria, has released ways to identify genuine and authentic redesigned naira notes.

21/01/2023

How I Became Bank CEO At 34 - Tony Elumelu

Business mogul and billionaire, Tony Elumelu, has said that his age was no barrier to him becoming the Chief Executive Officer of Standard Trust Bank and one of the youngest bank CEOs in Nigeria at the age of 34.

Business mogul and billionaire, Tony Elumelu, has said that his age was no barrier to him becoming the Chief Executive Officer of Standard Trust Bank and one

07/01/2023

Stanbic IBTC Holdings Plc has appointed key executives to its top hierarchy as well as to some of its subsidiaries following endorsement from regulators.

https://newsvilleng.com/stanbic-ibtc-appoints-new-top-executives/

The bank said that with the appointments, it intends to strengthen its capabilities for better customer service delivery

31/12/2022

Moruf Oseni has been appointed by Wema Bank Plc as its new Managing Director/ Chief Executive Officer.

Before being elevated to the prestigious position, Oseni was the Deputy Managing Director of the bank.

His appointment, which is subject to the approval of the Central Bank of Nigeria (CBN), followed the retirement of Ademola Adebise.

Moruf Oseni has been appointed by Wema Bank Plc as its new Managing Director/ Chief Executive Officer.

30/12/2022

The Senate have ordered the Central Bank of Nigeria to urgently extend the withdrawal of old currency notes from circulation from January 31, to June 30, 2023.

The Senate have ordered the Central Bank of Nigeria to urgently extend the withdrawal of old currency notes from circulation from January 31, to June 30, 2023.