The Central Bank of Nigeria (CBN) has reaffirmed that the standard N100 banknote remains legal tender across the country, following reports that some individuals and businesses...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has rewarded thousands of customers with over N400 million in anniversary bonuses under its flagship UBA Bumper...
By Àkànní Olúwaségún Michael First HoldCo Plc has secured shareholder approval to raise up to N253.1 billion in fresh equity as the parent company of Nigeria’s...
By Blaise Udunze In barely two weeks, Nigeria’s banking sector will once again be at a historic turning point. As the deadline for the latest recapitalisation...
The Central Bank of Nigeria (CBN) has affirmed the capitalisation of Alpha Morgan Bank, marking an important milestone in the Bank’s growth journey and reinforcing its...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to host a special edition of its impactful quarterly UBA Business Series, focused on celebrating...
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...
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...
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...
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,...
