Banking in Nigeria has become part of our everyday life. As a matter of fact, there is virtually nothing we can do today without visiting the banks or using any of the banking services. From paying utility bills to paying school fees or even...
Bank sort code is a number which usually identifies both the bank and the branch where an account is held. The sort code is usually used when transferring funds from one account in one bank branch to another branch of the bank or another...
Banking in Nigeria has gone so modern that new technologies tailored at making transactions smooth and seamless are now order of the day.
As a customer of any of the Nigerian banks, staying up to date on certain information you need to run and maintain...
As part of efforts to bring exceptional banking solutions and services closer to its customers and the general public, Stanbic IBTC Bank has opened a new branch in the Lekki Free Trade Zone (LFTZ), Ibeju-Lekki axis of Lagos State.
The newly opened branch according to...
The reformations that have taken place in Nigeria’s banking sector can be divided into two main periods. These reforms and their effects on the Nigerian economy will be discussed in this article:
Banking Reform of 2004 and its Effect(s)
This reform of 2004 was focused on...
The origin of modern banking in Nigeria dates back to 1883 when the African banking corporation was established followed in 1884 by the establishment of the British bank of west Africa. Shortly after its establishment, the African banking corporation collapsed giving way for the...