Plans to further expand the partnership will connect WorldRemit customers to over 15 million Access Bank accounts in seven African countries September 24, 2018/Access Bank Plc/WorldRemit Leading digital money transfer service WorldRemit has partnered with Access Bank for instant money transfers to Access Bank accounts in Nigeria. The new partnership […]
Money Market
The History of Nationalised Banks
Culled—Proshare 21/9/2018/Proshare Research The nationalisation of banks listed on The Nigerian Stock Exchange was first witnessed in 2011 when the Central Bank of Nigeria (CBN) in conjunction with Nigeria Deposit Insurance Corporation (NDIC) nationalised three banks namely Bank PHB Plc, Afribank Plc and Spring Bank Plc. These banks were renamed […]
Polaris Bank Encourages Depositors, Customers to Continue to Maintain Normal Banking Relationship
Culled—Proshare 22/9/2018/Polaris Bank Ltd Pursuant to section 38(1)(c) and 39(1) of the Nigerian Deposit Insurance Corporation Act No. 16 of 2006 (NDIC Act) and by a Purchase and Assumption Agreement dated 21st day of September, 2018, Polaris Bank Limited as a bridge bank, has assumed all the deposit liabilities and […]
