USSD: Banks disconnect MTN from banking channels Commercial banks have disconnected MTN customers from banking channels including the Unstructured Supplementary Service Data and banking...
UBA assures shareholders better times, assets hit N7.7trn United Bank for Africa (UBA) Plc on Thursday assured its shareholders and investors of enhanced returns...
FirstBank disburses N58bn credit to female entrepreneurs, professionals Nigeria’s oldest financial institution, First Bank of Nigeria Limited has disclosed that it gave out N58...
MTN expands MoMo cardless cash withdrawal service Mobile money service provider, Y’ello Digital Financial Services, has announced the expansion of its MoMo Agent cardless...
Banks begin usage of revised cheques today as old one phase out Banks have notified customers that effective on Thursday (today), the old cheque...
CBN disburses N94.34bn COVID-19 healthcare funds The Central Bank of Nigeria has disbursed N94.34bn out of the N100bn credit intervention for the healthcare industry which...
Lagos pays 366 retirees N1.49bn The Director-General, Lagos State Pension Commission, Mr Babalola Obilana, has said Lagos State Government has paid N1.49bn to 366 retirees....
FirstBank announces the fourth edition of its FirstGem Annual Conference First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced the...
Access Bank receives regulatory approval to acquire South African lender Access Bank says it has acquired regulatory approval for its proposed acquisition of Grobank Limited,...
Ecobank Group’s profit crashes 57% to $174m in 2020 Ecobank Transnational Incorporated Group (ETI) has recorded significant decline in its profit for the year...
Zenith Bank retains title as Best Bank in Nigeria Zenith Bank Plc has been named as the Best Bank in Nigeria for the second...
PoS operators demand chargeback policy review, decry rising frauds Point of Sale (POS) merchants operating in Nigeria have called on the Central Bank of...
The Rise Fund to invest $200 million in Airtel Africa’s mobile money business Airtel Africa, a leading provider of telecommunications and mobile money services, with...
Post Assurance Brokers gets prestigious ISO certification Post Assurance Brokers Limited has achieved International Standard Organisation 9001:2015 certification. A statement from the company titled ‘Post...
Stanbic IBTC launches own insurance subsidiary Stanbic IBTC Holding Plc., a member of Standard Bank Group has expanded the scope of its operation in the...
Banks, MNOs agree on new charges for USSD transactions Mobile Network Operators (MNOs) and Deposit Money Banks (DMBs) have reached new resolutions on the...
NIBSS finally launches NQR Code payment solution in Nigeria Nigeria’s financial services industry has just witnessed a significant shift with the formal launching of the...
Jaiz Bank grows earnings by 33%; posts N2.51 PAT Nigeria’s premier non-interest bank, Jaiz Bank Plc recorded strong performance in 2020 with 33 per...
Afreximbank signs $350m facility for OCP Nigerian, others expansion The African Export-Import Bank (Afreximbank) has announced the signing of a seven-year $350 million Term Loan...
FirstBank promotes cross border payments in Sub Sahara Africa with First Global Transfer The Bank’s subsidiaries in Africa include FBNBank DRC, FBNBank Ghana, FBNBank Gambia,...