Money Market

Diamond Bank Confirms Merger with Access Bank

December 17, 2018/Diamond Bank Plc The Board of Diamond Bank Plc (“Diamond Bank”) today announces that following a strategic review leading to a competitive process, the Board has selected Access Bank Plc (“Access Bank”) as the preferred bidder with respect to a potential merger of the two banks (“the merger”) […]

Unity Bank wins CBN ‘Sustainable Transaction of the Year in Agriculture’ Award

December 17, 2018/Unity Bank Plc Unity Bank Plc has won the Central Bank of Nigeria (CBN) 2018 sustainable banking award, clenching the award for ‘Sustainable Transaction of the Year in Agriculture’. The Bank won the coveted award for its compliance with the Sustainable Banking Principles as it relates to the […]

Islamic Financial Services Board Admits NDIC

December 17, 2018/NDIC The Council of the Islamic Financial Services Board (IFSB) which has its headquarters in Kuala Lumpur, Malaysia, has admitted the Nigeria Deposit Insurance Corporation (NDIC) as a full member of the board. The NDIC joins the Central Bank of Nigeria (CBN) as the other Nigerian institution on […]