Category : Search result: Bank of Industry


No Bank Shutdowns from CBN Recapitalisation - ACAMB

The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.

World Bank Approves $500m for Nigerian MSMEs

The World Bank has greenlit a $500 million package to boost credit access for Nigeria's MSMEs. The FINCLUDE project targets women-led and agribusiness firms to drive growth and jobs. Read more.

Russian court fines Austrian bank Raiffeisen $400m

A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.

Fast Ways to Block Your Union Bank Account

Learn the quickest methods to block your Union Bank account using USSD *826*6#, the UnionMobile app, or customer care. Protect your funds instantly during emergencies.

NCDMB, BOI Unveil $100m Fund for Oil & Gas Firms

NCDMB and Bank of Industry launch a $100m equity fund to boost local oil & gas firms. Nigerian content performance rises to 61%. New rules make certificates non-transferable from 2026.

$5B Africa Energy Bank HQ Complete in Abuja

Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.

CBN sells $36.60m to banks amid naira depreciation

Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.

FSDH Bank Invests N3bn in Women-Led Businesses

FSDH Merchant Bank reaffirms commitment to women's economic inclusion, disbursing over N3 billion in loans to female entrepreneurs through its Women in Business Initiative.

Legal Battle: Lawyer Represents Both FBN and NUPRC

Senior lawyer Babajide Koku's dual representation in Nestoil-FBN legal battle raises conflict of interest concerns, threatening Nigeria's oil sector integrity. Stakeholders warn of serious consequences.

Zenith Bank Awards N140m to African Tech Innovators

Zenith Bank empowers African innovators with N140 million funding at 2025 Tech Fair. Ten startups including Trust Loop and Cubbes Technologies receive grants and mentorship to scale their solutions.

Union Bank Rewards Top Teachers with Millions

Union Bank of Nigeria honoured exceptional educators at the 11th Maltina Teacher of the Year Awards in Lagos. Discover the winners and the bank's commitment to education.

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