Indications are rife that the World Bank is currently mulling possible cut on the debt stock of poor countries, under the Debt Service Suspension Initiative, rather...
The leading financial technology and brands marketing publication in Africa, Africa Brands Magazine, has concluded plans to host the continent’s biggest Fintech Brands Awards in Lagos...
The International Financial Corporation (IFC), a member of the World Bank Group, has announced its partnership with Access Bank Plc to strengthen local businesses across Nigeria....
An indigenous financial technology (FinTech) firm, CashBox, has seen a 40 per cent growth month-on-month between March and July this year which has pushed customers’ savings...
Director, Financial Policy and Regulation at the Central Bank of Nigeria, Mr. Kevin Amugo, says Nigerian banks recovered about N50.32m bad loans from debtors within nine...
Cyber security challenge across the globe is being fought with various measures to sail ahead of its dangers or at least cushion its effects when it...
Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa has announced a strategic partnership with Standard...
Players in the banking and fintech spaces have lamented that certain regulations have teamed up with some other factors to make broader deployment of Automated Teller...
Prestige Assurance Plc has opened the floor for subscription to a new sum of 13,635,796,006 ordinary shares for investors in the Nigerian stock market. It notified...
The board of AXA Mansard Insurance Plc has announced divestment from its subsidiary, AXA Mansard Pensions Limited, based on the approval of its shareholders obtained at...
The general public and deposit money banks (DMBs) in Nigeria have in their custodies a total sum of N2.39 trillion that constituted currency-in-circulation (CIC) in the...
…Value realised in 320 million customer transactions Nigeria’s oldest financial bank, FirstBank of Nigeria Limited says it has processed transactions worth over N6 trillion on...
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta has said that commercial banks in the country are owing telecommunications companies...
The United Bank for Africa Plc (UBA) recently acted as lead arranger of a consortium of domestic and international banks in a $1.5 billion Pre-Export Finance...
…as apex bank rolls out modalities The Central Bank of Nigeria (CBN) has approved N50 billion intervention fund for the revamping of Nigerian textile industry....
Bank loans to the different levels of government and the national economy have continued to grow steadily as the banking sector moves to put its non-performing...
Ahmed Kuru, the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), has said the corporation has developed a new receiver framework for its recovery...
As the coronavirus pandemic forces firms to downsize and cut their wage cost to cope with the adverse economic realities, First Bank of Nigeria Limited (FirstBank)...
Banks in the country have com menced a collective scheme targeted at reducing the incidence of non-performing loans also know as bad loans in the industry....
Sixteen major Eurozone banks have come together to start the implementation of a new payment system to take on the might of Visa and Mastercard and...