The National Insurance Commission (NAICOM) has revealed plan to sanitise the insurance sector and redeeming its image, by using stringent measures to make insurers in the...
Creates new 25.5bn new shares ____________________________ AXA Mansard Insurance Plc has revealed plans to raise its share capital from its current N5.25 billion to N18 billion,...
Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), is set to provide economic insight into the monetary policy and regulatory direction for the...
Data obtained from the National Pension Commission (PenCom) has revealed that Pension Fund Administrators (PFAs) and their counterparts Pension Fund Custodians (PFCs) recorded a net profit...
As Board Appoints Branka Mracajac CEO __________________________ By Ibrahim Awonuga Board of Directors of 9 Payment Service Bank (9PSB) has announced the appointment of Branka Mracajac...
The Central Bank of Nigeria (CBN) has issued a new directive on Form M, which indicates the apex bank has reversed earlier strict disallowance of opening...
Governor Babajide Sanwo-Olu of Lagos State has been urged by the Fintech professionals who spoke at the annual Lagos Fintech Week to inaugurate the Cashless Lagos...
The Director General of the Lagos Chambers of Commerce and Industry (LCCI), Dr. Muda Yusuf, has lamented that low yield on fixed-income securities like treasury bills at around...
First Bank of Nigeria Limited, has announced its variant account products – KidsFirst and MeFirst – created to encourage the right savings culture among children from 0...
By David Alonge Digital tech giant, Google is set to launch a new pay app, Google Pay, with a Live video announcement in strengthening its digital...
Fintech specialists and other stakeholders have tasked the Central Bank of Nigeria (CBN), Nigerian Communications Commission (NCC) and Nigeria Security Commission to conduct a talent needs...
The bank’s total assets increased by 34 per cent to 19.33 billion dollars as at Sept. 30, 2020 against 14.44 billion dollars as at Dec. 31,...
In the face of the dwindling revenue and the need to cut governance cost, the Lagos State Government says it is drafting a bill that would...
The total debt profile of Asset Management Corporation of Nigeria (AMCON) to the Central Bank of Nigeria (CBN) may spike to hit N7 trillion in the...
First Bank of Nigeria Limited has announced that its mobile banking application, FirstMobile, has been awarded the 2020 Best Mobile Banking App Award 2020 in the...
Mastercard has unveiled an AI-powered suite of tools designed to help banks assess cyber risks across their ecosystem and prevent breaches. Drawing on the capabilities of...
The Asset Management Corporation of Nigeria (AMCON) has said that it is yet to finalise an ‘out-of-court settlement’ with the management of Pan Ocean Group, over...
Universal Insurance Plc says it paid N1.2 billion as claims to its policyholders who suffered losses in five years. It said this in a statement titled...
The Central Bank of Nigeria (CBN)has revealed its plan to interface directly with the Government Integrated Financial Market Information System (GIFMIS) Platform. In addition, the apex...
The Central Bank of Nigeria (CBN) has restated commitment to further deepen financial inclusion in Nigeria by promoting opening of new bank accounts with zero balance....