May 7, 2018/FirstBank “We remain committed to driving relevance, ease and convenience for all our customers using our array of banking products and services. As the new school term begins, customers can be assured of sending their children and wards back to school with ease”…Folake Ani-Mumuney, Group Head, Marketing and […]
Money Market
Fitch downgrades Commonwealth Bank’s long-term debt default outlook
6/5/2018/Reuters Fitch Ratings on Monday downgraded its outlook on Australian lender CBA’s (CBA.AX) Issuer Default Rating (IDR) to ‘negative’ from ‘stable’, citing risks associated with ongoing inquiries into the sector that it says may leave CBA in a weaker operating environment than its peers. The rating agency, however, affirmed the […]
Banking Sector Reports N32.48 Trillion Transaction in Q1 2018
May 7, 2018/NBS A total volume of 457,226,406 transactions valued at N32.48 trn were recorded in Q1 2018 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed. Automated Teller Machine (ATM) transactions dominated the volume of transactions recorded. 212,370,853 volume of ATM transactions valued at N1,568 bln […]
