Financial institutions in Nigeria are targeting fraud response times of less than 30 minutes as part of industry-wide efforts to combat electronic payment fraud, regulators announced...
BY BLAISE UDUNZE Nigeria’s economy will be experiencing yet another round of reform; after the new tax implementation, the banking sector recapitalisation exercise will begin within...
PalmPay, Nigeria’s leading digital banking platform, has once again demonstrated its leadership in driving the nation’s payment revolution. In a landmark development for Nigeria’s digital economy,...
Banking in Nigeria has changed and PalmPay is at the center of it. Whether it’s sending money to family, saving for a rainy day, or paying...
By Blaise Udunze Nigeria’s banking sector has entered a season of reckoning. Eight of the nation’s biggest banks have collectively booked N1.96 trillion in impairment charges in...
In a major stride toward a technology-driven future, FirstBank, the West African premier financial institution and financial inclusion services provider, has launched a new FirstBank Digital...
BY BLAISE UDUNZE In a healthy economy, banks serve as the arteries through which capital flows to productive enterprises, creating jobs, stimulating innovation, and driving national...
PalmPay, Nigeria’s leading digital banking platform, has been recognised with the prestigious Consumer-Friendly Business of the Year 2025 Award at the Lagos State Consumer Protection Agency’s...
Ecobank Nigeria, a subsidiary of the pan-African banking group, ETI, has announced the launch of its upgraded mobile app, and explained that this is targeted at delivering...
BY BLAISE UDUNZE Nigeria’s banking sector has always stood at the center of the nation’s economic hopes. Yet, instead of fueling growth and wealth creation, the...
PalmPay, Nigeria’s leading neobank, has unveiled the first set of winners in its Hustle Grant campaign. The campaign is a bold initiative designed to fuel the...
Sterling Bank has scrapped account maintenance fees on all personal accounts, unveiling the policy on Wednesday as a “gift” to Nigerians in celebration of the country’s...
Elumelu Bags Global Honour, Exposes Humanitarian Sides of Business The Group Chairman of United Bank for Africa (UBA) and Heirs Holdings, Mr. Tony Elumelu has been...
BY Blaise Udunze It is a sobering reality that one South African bank, Standard Bank Group, has a market capitalisation of roughly ZAR 384.34 billion (about...
Africa’s leading neobank and foremost fintech platform, PalmPay, is celebrating six years of delivering value, impact, and reliable banking services to millions of users across Nigeria....
Wema Bank Plc has achieved a major regulatory milestone by surpassing the N200 billion minimum capital requirement for commercial banks with national authorisation, well ahead of...
For decades, Nigeria’s credit system posed significant challenges for small businesses and low-income earners, who often struggled to qualify for loans. Traditional banks demanded collateral, guarantors,...
