African Export Import Bank (Afreximbank) has announced the disbursement of a $150 million finance facility to First Bank of Nigeria Limited, Nigeria’s premier and leading financial...
The Central Bank of Nigeria has reviewed operations of the NIBSS Instant Payments System (NIP) and other electronic payment options with similar features. In a circular...
Guaranty Trust Holding Company Plc (GTCO) has disclosed the receipt of the final approval of the Central Bank of Nigeria (CBN) for its wholly owned Payment Subsidiary,...
Union Bank of Nigeria Plc is undergoing massive restructure following the recent execution of a Share Sale and Purchase Agreement (SSPA) between the Bank’s majority shareholders...
Titan Trust Bank Limited (TTB) yesterday completed the acquisition of majority equity stake of 89.39 per cent in Union Bank of Nigeria (UBN) Plc, effectively becoming...
In collaboration with Interswitch, FirstBank has launched a promo to reward users of the FirstMobile app, its industry-leading mobile banking application. The promo tagged FirstMobile Cash-out...
AppZone, Sub-Saharan Africa’s payment infrastructure company, announced that the Central Bank of Nigeria (CBN) has issued the organization an approval in principle to operate under the...
Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced the expansion of the services of Leo, its Artificial Intelligence chatbot to Google Business Chat and Instagram....
Access Holdings Plc has dissociated itself from Access Capital Daily Investment, an online investment platform that crowdfunds from members of the public and promises “fictitious but...
The aggregate Non-Performing Loans of nine banks increased to N814.08bn in 2021, representing a 3.16 per cent increase from the N789.14bn reported in 2020, according to...