By Ahmed Ayanfe Nigerians’ use of mobile channels for payment transactions has risen by 3,454.46 per cent from N136.85bn within the first four months of 2019...
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...
In its move to bridge the 2022 budget gap, the federal government has so far raised N2.28 trillion FGN bonds/Saving Bonds in the domestic market and...
In its efforts to recover unremitted pension in the country, Pension Commission (PenCom), Nigeria’s topmost regulator of the pension industry, has said it fined 23 employers...
By Ahmed Ayanfe Only 10,541 firms have complied with the country’s statutory laws on compliance with pension and insurance covers and have been cleared to do...
It was recently revealed that the TECNO CAMON 19 series global launch event will be held in the iconic Rockefeller center in New York City. The...
As Transaction soars 387% in 3 years Nigerians have spent a total of N923.24 billion on utility bills through electronic channels between January and April, 2022....
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,...
By Ahmed Ayanfe The Nigeria Union of Pensioners is threatening to vote against Governors who are owing pensions during the 2023 general elections. President of the...
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...
By Ndubuisi Ekekwe (PhD) I have read many articles on the acquisition of Union Bank Nigeria by Titan Trust Bank. Many of the hypotheses have focused on...
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...
It was a bumper harvest for FBN Holdings Plc in 2021 financial year as the institution posted a profit after tax of N151.079 billion, a 99.86%...
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...
Airtel Africa has commenced operation in its recently licensed Nigerian payment service bank unit SmartCash PSB, the wireless operator said in a note to the Nigerian...
A deeper collaboration among players in the digital payment ecosystem is needed to boost the security of data and funds of Nigerians, Africa’s leading integrated payments...
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....
Sovereign Trust Insurance Plc has revealed that it recorded a sum of N948 million claims payout in the first quarter of the year. While it ascribed...