30 results
- 13 May 2021
Branch Finance Offers Free Money Transfers
The Branch Finance Company is offering free unlimited money transfers and a 20 per cent per annum investment returns for Nigerians, through its specialised app, called Branch. Branch is licenced by…
- 27 Jul 2015
IDC INSIGHTS: Technology Creates New Frontlines for Branch Banking
IDC Financial Insights on Monday released a new study, Branch Transformation in a Digital World, which discusses the current challenges faced by banks in managing their branch networks and outlines…
- 9 Apr 2013
Heritage Bank Opens Branches in Lagos, Ibadan
Heritage Bank, the newest player in the Nigerian banking sector, has opened its first two branches in Marina, Lagos and Dugbe in Ibadan, Oyo State Capital. While the Marina branch went on stream…
- 30 Mar 2009
Intercontinental Bank Adds 25 new branches
As part of plans to increase its operational branches in the first half of the year, Intercontinental Bank recently added 25 new branches to its network to deepen its reach to customers. The…
- 17 Jul 2012
NCC Shuts First Bank Branches in Ibadan, Akure Over Illegal Frequency
Nigerian Communications Commission (NCC) has shut down the New Ring Road branch of First Bank of Nigeria in Ibadan, Oyo state and the Aladbaka branch of the same bank in Akure,Ondo state over illegal…
- 9 Jul 2021
Kaduna Shuts Bank’s Branches in State over Alleged Unpaid N43.3m Tax
Kaduna State Internal Revenue Service has sealed four branches of Fidelity Bank for tax liabilities amounting to N43.3 million. The branches are located at Ali Akilu Road, Ahmadu Bello Way,…
- 19 Jun 2018
Branch to Disburse N4Bn to Nigerian Customers
Branch International, one of the fastest growing digital financial platforms is targeting to disburse more than N4 billion and generate over half a million loans in the country this year, according…
- 15 Jun 2016
Banks Halt Branch Expansion Plans over Tough Economy
Deposit Money Banks (DMBs) in the country are cutting down on plans to open more branches as part of cost cutting efforts to cope with the tough times, particularly in the industry and generally in…
- 8 Apr 2019
Branch International Raises $170m Series C Financing
Branch, the most downloaded finance app in Africa, announced a new global partnership and investment from Visa. The two companies share a vision of bringing financial access to billions of…
- 30 Oct 2014
Banks to Invest $16Bn in Branch Transformation in 2017- Report
A study commissioned by Wincor Nixdorf AG predicts that in 2017, banks worldwide will invest approximately $16 billion in branch transformation and related technologies, a company news release said.…
- 24 Dec 2014
Huawei ICT Industry's Converged Agile Gateway Supports VA Branch Services
Huawei on Tuesday launched the Huawei AR3670, the industry’s first ICT converged agile gateway. It is designed to help enterprises reduce the total cost of ownership (TCO) of branch networks, achieve…
- 15 Dec 2016
Ekeh Lauds Stanbic IBTC at Launch of Digital Branch
Stanbic IBTC Bank formally opened its pioneer digital branch located strategically in the Maryland Mall along Ikorodu Road - Lagos, with Leo Stan Ekeh, chairman, Zinox Group, showering…
- 19 Jan 2017
Wema Bank Launches Solar-powered Mobile Branch
Wema Bank Plc says it has launched a solar-powered mobile branch to make banking services available to everyone in all parts of the country. Mr Damola Bolodeoku, the bank’s Head of eBusiness, in a…
- 1 Apr 2014
Access Bank Inaugurates e-Branch
Access Bank Plc has opened a self-service electronic branch in Ikota, Lagos State, as part of efforts to promote inclusive banking and the cashless policy. The bank said the self-service banking…
- 29 Jun 2025
GTBank to Close Branches Early Today for Half-Year Audit
Guaranty Trust Bank Ltd. (GTBank) will close all its branches across Nigeria earlier than usual on today (Monday, June 30), according to email sent to customers at the weekend. According to the…
- 3 Jul 2019
CBN Mandates Every MFB Branch to Get 64 New Customers Monthly
Central Bank of Nigeria (CBN) has made it mandatory for every microfinance bank branch to acquire 64 new customers monthly. This was contained in a circular issued to microfinance banks on the…
- 31 Aug 2010
Afribank Opens Model Branch in Gusau
As part of its overall business strategy to provide excellent banking services, get closer to customers and expand its business outreach, Afribank Nigeria Plc has opened a Model Branch in Gusau,…
- 18 Dec 2024
Fraud in Bank Branches Surges by 31 Percent in Q2 — FITC
The Nigerian banking sector has witnessed a concerning rise in fraudulent activities, with incidents of fraud in bank branches increasing by 31 percent in the second quarter of 2024. This alarming…
- 18 Sept 2018
Oyo State Seals Diamond Bank, FCMB, Skye Bank Branches
Oyo State government yesterday sealed some branches of commercials banks in Ibadan for allegedly failing to pay some levies into the coffers of the state government despite series of warnings to…
- 5 Jul 2020
Heritage Bank Shuts Branch for Disinfections Over Suspected Coronavirus Case
Heritage Bank Plc said it has closed down an Experience Centre- EC (branch) at Allen Avenue; Ikeja over “unconfirmed case” of Coronavirus for deep hygiene clean up after an employee took ill last…
- 11 Jul 2019
Fidelity Bank, Police to Uncover identity of man who stole bag at its Lekki branch
Fidelity Bank has said that they are collaborating with the Nigerian police to uncover the identity of a man who stole a customer's bag at their branch in Admiralty way, Lekki. The bank in a…
- 2 Nov 2021
COVID-19: IMF Says Nigerian Banks Closed 234 Branches, 649 ATMs
International Monetary Fund (IMF) has said Nigerian banks closed 234 branches and 649 automated teller machines (ATMs) in 2020 amid the COVID-19 outbreak. The Bretton Woods institution which said…
- 30 Aug 2021
Kaduna IRS Seals 4 Banks’ Branches over N300.5m Tax Defaults
Kaduna State Internal Revenue Service (KADIRS) has sealed the head offices and other branches of four banks in over N300.5 million unpaid taxes. Gov. Nasir El Rufai Dr Zaid Abubakar, executive…
- 3 May 2017
Ecobank to Shut Branches, Cut Jobs as it Expands Digital Platforms
Ecobank plans to close branches and cut jobs as the Pan-African lender steps up investments in digital platforms, its chief executive said on Wednesday. Speaking to Reuters on the sidelines of the…
- 24 Jan 2021
Panic as Banks Mull Staff Cuts, Closure of Branches
Banks may soon begin to rationalise their operations through staff downsizing and branch closures in a bid to cope with the harsh realities occasioned by the second wave of the COVID-19 pandemic…
- 15 Jun 2009
LASG Appoints Fidelity Bank Branches as e-Service Points
The Lagos State Government has announced the designation of all Fidelity Bank branches in the State as e-service points. All payments to the Lagos State Government can now by this appointment be made…
- 24 Apr 2026
ProvidusBank Launches Ado-Ekiti Branch, Eyes Nationwide Rollout
ProvidusBank Plc has commissioned a new branch in Ado-Ekiti, advancing its expansion strategy across Nigeria's high-growth markets while leveraging its compliance with the Central Bank of Nigeria's…
- 4 Jun 2013
First Bank to Close 700 Branches for Software Upgrade
First Bank of Nigeria Plc which prides itself as the Nigeria’s bank of first choice is to shut down its 700 branches nationwide from Thursday (tomorrow) to Monday next week to enable it upgrade its…
- 16 Dec 2024
RCCG Turns Former Barclays Banks’s Branch Building into Church
A former Barclays branch building in Middleton is set to be transformed into a church, two years after the bank shut its doors. The Redeemed Christian Church of God (RCCG)has received council…
- 6 Sept 2020
Union Bank States Position on Lokoja Branch Closure by Kogi State
Union Bank Nigeria Limited has said it will respond to the closure of its Lokoja Branch by the Kogi State Internal Revenue Service (KSIRS) through the appropriate channels in an effort to ensure fair…