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....
Access Bank has announced N50 billion in support of Nigerians through interest-free loans and grants to support communities, the youths as well as micro, small and...
Financial Technology (Fintech) companies raised a combined $554.17 million from investment rounds last week. A data compiled by Finbold showed the top 25 fintech firms were...
The Central Bank of Nigeria (CBN) has given a directive to merchant banks and regional banks to appoint chief compliance officers (CCO) on a grade not...
Currency in circulation (CIS) rose by N56.44 billion in one month from N2.369 trillion as of the end of August to N2.426 trillion as of the...
A Nigerian venture plans to raise N480 billion ($1.2 billion) over the next three years to buy electricity meters and help power distributors plug a revenue...
The Central Bank of Nigeria (CBN) has released the framework for the financing of National Mass Metering Programme (NMMP). The programmed is aimed at closing the...
All is set for Law Union & Rock Insurance Plc to delist its shares from the Nigerian Stock Exchange (NSE) following approval by the Nigerian bourse....
Heritage Bank Plc is set to commence the account opening with Bank Verification Numbers (BVN) for the earmarked 774,000 participants of the Special Public Work (SPW)...
Union Bank of Nigeria has intimated the Nigerian Stock Exchange (NSE) and the investing public on its recent finance deal with the International Finance Corporation (IFC)....
Stripe has acquired Paystack, an e-payment startup based in Lagos, Nigeria for a sum in excess of $200 million, TechCrunch reported on Thursday. The report added...
According to the research data analyzed and published by ComprarAcciones.com, life and health insurance will be the biggest industry globally in 2020. The sector has been...
Lending by fintech to grow 9.1% SMEs’ search for fund driving momentum ___________________________________ Although traditional banks and credit suppliers still hold the largest market share for...
The Central Bank of Nigeria (CBN) has ordered banks to comply with the SWIFT universal payment confirmation. It stated this in a circular titled ‘Compliance with...
The Nigerian insurance industry’s assets has recorded upswing by 11.8 per cent from N1.61 trillion at the end of the 2019 financial year to N1.8 trillion...