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...
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...
Senior Management Executive of Heritage Bank Plc received the “Heart of Gold” award by EveAfrique organiser of the annual Red Ball for Charity. The awardee, Osepiribo...
Unity Bank Plc has declared a profit before tax of N3.33 billion in the financial year ended December 31, 2021, indicating a 49.9 per cent increase from the N2.22...
Ashley Olson Onyango, Head of Financial Inclusion, GSMA During the last decade, rapid digitisation has revolutionised the financial industry globally, through the advent of innovative services...
Amidst a national struggle, championed by the Central Bank of Nigeria to bridge financial exclusion gaps in Nigeria, Ope Adeoye, the Chief Executive Officer of OnePipe...
National Pension Commission (PenCom) has announced that up to 20 Pension Fund Administrators (PFAs) were able to meet the April 27 deadline for a Minimum Regulatory...
Zenith Bank Plc has grown its total assets above N10 trillion to hit N10.32 trillion in the first quarter of 2022 from N9.45 trillion it stood...
Nigeria’s premier banking institution and leading financial services inclusion services provider, First Bank of Nigeria Limited has won two awards: Best Bank in Nigeria 2022 and Best...
Guaranty Trust Holding Company Plc (GTCO Plc) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2022, to the Nigerian...
By Marcel Okeke A seemingly innocuous ‘war’ has been raging in the Nigerian financial services space for quite some time now: the ‘war’ to checkmate the...
The Bank of Industry Group (BoI) has reported a profit before tax (PAT) of N62.28 billion for the financial year ended December 31, 2021, 75 per...
Sovereign Trust Insurance Plc’s profit after tax rose by 42 per cent to stand at N974 million in the 2021 financial period. The Managing Director and...
The gross written premium of AXA Mansard Insurance Plc, a member of the AXA Group and a global insurance and asset management firm, rose by 27...