Money Market

Heritage Bank to disburse CBN’s N100bn loan to health, sells FX to SMEs, education sectors

May 17, 2020/Heritage Bank Plc As part of proactive measures to cushion the effect of the COVID-19 and revamp the nation’s dwindling economy, Heritage Bank is set to disburse the N100billion set aside by the Central Bank of Nigeria (CBN). This is in line with the apex bank’s policy to […]

Bank NPLs (2) – The Banking Industry and Its NPL Position

Culled—Proshare May 16, 2020 by Debtors Africa “Running into debt isn’t so bad. It’s running into creditors that hurts.” -Unknown Bad bank loans are as old as banking itself. Borrowers of money from banks default on agreed repayment terms for a variety of reasons which include, but are not limited to, […]

UBA Upgrades Mobile App, Introduces Exciting New Features for Customers

May 17, 2020/UBA Plc Pan African financial institution, United Bank for Africa (UBA) Plc, has upgraded its mobile banking application, introducing lots of exciting and interactive features to aid banking, whilst allowing customers to perform unlimited transactions with simple taps on their mobile phones. The award winning innovative bank which was […]