Bank customers are increasing patronizing automated teller (ATM) machines for non-cash transactions like bills payment, airtime purchase and money transfer. This is reflected by the value of bills payment and airtime purchase transactions recorded by FirstBank Nigeria Limited in 2014.

For the fourth consecutive year, First Bank of Nigeria has been ranked number one banking brand in Nigeria by The Banker magazine of Financial Times and Brand Finance, London, United Kingdom in their annual 2015 The Top 500 Banking Brands.

The singular most attention-grabbing event in the nation’s banking sector in 2014 came in the last quarter of the year. The announcement by the Assets Management Corporation of Nigeria (AMCON) of Heritage Bank as the winner of the bid for the acquisition of Enterprise Bank jolted the entire banking industry, as many operators did not give them the chance to be the one that will win the bid.

The Nigerian Stock Exchange, NSE and United Kingdom, UK are strategizing on how to build and expand capital flows into Nigeria.

Lagos—The Lagos State chapters of the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) yesterday engaged in war of words over vandalisism of its posters, billboards and banners all over Lagos by thugs and hoodlums.