10 Major Functions of the Central Bank of Nigeria
Central Bank of Nigeria is one the banks in Africa that has been in existence for a very long time. Apart from its longevity, this financial institution is very effective when it comes to...
Category: Banks
Best Microfinance Banks in Nigeria: Top 10 (2024)
Microfinance banks are monetary institutions that are established with the goal of alleviating poverty. There are more than 800 registered microfinance banks in Nigeria. These financial organizations provide loans to individuals, such as farmers...
Top Largest Commercial Banks in Nigeria: Full List (2024)
Banking in Nigeria has become an important industry due to the massive reform of the banking sector in recent years. Gone are the days when you put your money in the bank and walked...
Top 10 Best Banks in Nigeria (2024)
The best banks in Nigeria offer a variety of products and services to meet the needs of both individuals and businesses. Whether you’re looking for a savings account, a loan, or a credit card,...
Business Account in Nigeria: How to Open it (2024)
In this post, I will walk you through the simple procedures of opening a corporate or business bank account in any Nigerian bank, including the prerequisites for corporate bank accounts, the benefits of having...
Types of Bank Accounts You Can Open in Nigeria
The importance of having a bank account in any recognized financial institution can not be overemphasized. In addition to making financial transactions simple and safe, bank accounts also make it easier for you to...
10 Highest Paying Banks in Nigeria & Salaries (2024)
Nigeria’s banking industry is one of the most significant contributors to the nation’s economy. The industry is known for its high-paying jobs, which have attracted many young graduates to pursue a career in banking....
Headquarters of Central Bank of Nigeria (Abuja Office)
The Central Bank of Nigeria (CBN) was established from the 1958 Act of Parliament which was further amended in 1991, 1993,1997,1998, 1999 and 2007 respectively. It commenced work officially in 1959. The Central Bank...
GTBank SWIFT Code: Guaranty Trust Bank SWIFT BIC
The swift code for GTBank is GTBINGLA. As one of the leading best banks in Nigeria, Guaranty Trust Bank Swift Code is used when transferring money between banks, especially for international money transfers via bank wire. These format...
Types Of Bank Accounts in Nigeria
There are various types of bank accounts used to store money in Nigeria for safe-keeping and investment by different individuals, organizations, government agencies and so on. These financial institutions ensure that your cash and...
The Difference Between Savings Account and Current Account in Nigeria
What is the difference between savings account and current account in Nigeria? As a seasoned financial expert, I understand the pivotal role that financial accounts play in shaping an individual’s or business’s financial stability....
Head Offices of Top Commercial Banks in Nigeria
There are currently 22 commercial banks in Nigeria currently as of compiling this post. Some of the former banks in Nigeria that could not meet with the Central Bank of Nigeria directive of 2006...
Top 10 Best Banks in South Africa For Savings & Home Loans (2024)
There are over 70 banks operating in South Africa legally. Some of these banks are locally controlled, some foreign-controlled and some are just branches of other financial institutions established in other countries. The focus...
How to Open a Bank Account in the United States (2024)
If you are traveling, studying, or living in the United States, you will likely need to open a bank account. This guide will show you how to do that quickly and easily. We’ll also...
Top 10 Best Banks in the United States (2024)
Americans are known for their love of capitalism and free markets. So it’s no surprise that the U.S. has some of the best banks in the world. If you’re looking for a safe place...