Sterling Bank Gifts Free Transfers to all Customers Sterling Bank Gifts Free Transfers to all Customers Sterling Bank, a leading Nigerian commercial bank and Africa's Most Agile Company has taken the courageous step of suspending transaction fees for all of its personal account holders as a sign of solidarity with them during these trying times. Abubakar Suleiman, the bank's chief executive, announced in a personal email to customers. The message in the mail to Sterling's clients read, "We at Sterling recognise the diffi…
Access Bank Introduces “Love Is More” Campaign For Valentine Season To Celebrate Customers Access Bank customers are in for a treat this Valentine season, as the retail giant is offering several discounts and mouth-watering freebies on its retail products and services to celebrate customers. The Valentine season campaign, tagged “Love is More,” will run from February 1 through March 11, 2023. Senior Retail Advisor, Retail Banking, Robert Giles told reporters at the campaign’s debut that the Valentine season provides Access Bank another opp…
Fashola: APC, Tinubu Will Win Presidential Election The Minister of Works and Housing, Mr. Babatunde Fashola, Monday insisted that the All Progressives Congress (APC) candidate in this month’s presidential election, Mr. Bola Tinubu, would win the poll. Stressing that the APC has ‘momentum’, Fashola who spoke on Channels Television Monday night, said the other presidential candidates were clearly behind the APC in terms of preparation, insisting that elections remain a game of numbers. He argued that if the opposition, including the Peoples Dem…
Ogun gov meets CBN, bankers committee to end naira scarcity The Governor of Ogun State, Dapo Abiodun, on Monday, visited the Abeokuta branch of the Central Bank of Nigeria to explore possible collaboration to ease the distribution challenge in the amount of money residents of the state could withdraw for transactions made in commercial banks. To ensure that no commercial bank in the state stashed away the new naira notes, the governor disclosed that members of his executive council would be monitoring the cash distribution to banks. During a …
Wrongful Use of Image by EFCC, GTBank Set Records Straight The management of Guarantee Trust Bank Ltd. has alerted its customers and the Nigerian banking public to a wrongful use of the image of one of its branches by the Economic and Financial Crimes Commission while posting the report of an official of an unnamed bank who was arrested for hoarding the New Naira notes in Abija. According to a statement signed by the bank’s head of Corporate Communications, Tolulope Onipede, “We refer to the attached image of a GTBank branch in Abuja used…
PRESS STATEMENT BY THE ASSOCIATION OF CORPORATE AFFAIRS MANAGERS OF BANKS (ACAMB) ON NEW NAIRA NOTES BANKS NOT HOARDING NEW NAIRA NOTES, NORMALCY RETURNING SOON - ACAMB
New Notes Distribution At Ado-Ekiti Branch We would like to formally state the facts surrounding our branch in Ado Ekiti. The Naira notes referenced were received prior to the re-configuration of the branch’s Automated Teller Machines (ATMs) to dispense the 200 Naira denomination. On January 23, 2023, a regulatory official visited our branch in Ado-Ekiti and the vault contained N 6,000,000 in N 200 denominations. During the visit, the official observed that we had ran out of N1,000 and N500 notes on that day and were unable to load the N20…
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