It’s OFFICIAL! Tunde Hassan-Odukale is FBNH largest shareholder, not Femi Otedola Latest official information released by the board of First Bank of Nigeria Holdings (FBNH) has...
Financial institutions in China are working to set up their operations in Nigeria and according to the Chinese ambassador to Nigeria, Mr Cui Jianchun, Nigerians should...
After the successful completion of a proposed merger with another bank in Zambia, Access Bank has expressed possibility of raising the value of its subsidiary in...
The Central Bank of Nigeria (CBN) has said that all transactions conducted on the newly launched digital currency platform, eNaira will be free for 90 days....
Nigeria’s central bank digital currency (CBDC), the eNaira, is now live following an announcement by President Muhammadu Buhari on Monday. The digital currency has two applications to drive...
Billionaire investor, Femi Otedola has declared 5.03 per cent ownership for FBNH, Nigeria’s oldest bank. This was confirmed in a letter published by FBNH on the...
President Muhammadu Buhari is scheduled to formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on Monday 25 October 2021, at the...
FBN Holdings Plc Friday denied claims by online media that the Nigerian business mogul, Femi Otedola has acquired majority stake in the bank. In a statement...
The House of Representatives, on Thursday threatened to mete severe measures on Polaris Bank over a controversial payment of $32 million dollars debt the lender owes...
The House of Representatives, on Thursday, threatened that it will ask the Central Bank of Nigeria (CBN) to take over the ownership of Heritage Bank of...
The African Development Bank has signed a grant agreement for $500,000 with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN Nigeria, to be used...
The Central Bank of Nigeria (CBN) has stated that the eNaira would increase inflow of disapora remittances into the country. This is according to a document...
The Central Bank of Nigeria (CBN) has said the eNaira will be available to Nigerians without Internet-enabled phones. The CBN disclosed this in a document obtained...
AXA Mansard Insurance Plc, a member of AXA, a global insurance and asset management firm said it has concluded its regulatory-driven share capital increase process. A...
Alsoug, the largest digital marketplace in Sudan, has closed a $5 million investment round to scale its digital payment network. The investment is co-led by Egyptian...
Mono, an Africa-focused fintech startup that lets users easily connect their bank accounts to financial apps, has secured $15 million in a Series A round of...
First Bank of Nigeria Ltd. has pledged support for startups and innovators in the fintech ecosystem by providing relevant data and infrastructure that would enable them...
Consensus of financial experts has tilted in favour of the proposed Open Banking services in Nigeria, as they expressed optimism that that open banking will activate...
Nigeria’s top financial institution, First Bank of Nigeria Limited, has set Thursday, October 7 as a day to hold the 2021 edition of its annual FINTECH...
United Bank for Africa (UBA) Plc has reported that its artificial intelligence banking chat bot, LEO, recorded three million users. The lender described LEO as the...