Increased liquidity in the banking sector has continued to raise the lending institutions’ capacity to increase credit to the economy. The Deposit Money Banks and merchant...
AXA Mansard Insurance Plc has announced a profit before tax of N4.4 billion for the first half of the year, indicating a 180 per cent increase from...
Absa Bank Kenya offered loan relief and restructured loans totalling KSh 57 billion to financially distressed customers, equivalent to 28 per cent of its loan book....
By Murray Gardiner, MD, Bluecode Africa By 2050 the population of Africa is expected to grow to 2 billion, while the rest of the world experiences...
The Managing Director/Chief Executive Officer of Polaris Bank Limited, Tokunbo Abiru, has announced his retirement from the service of Polaris Bank. His exit from the bank...
According to the statement, the new members to be admitted would consist of 899 newly qualified Associates, 37 Chartered Banker MBA graduates...
The Central Bank of Nigeria (CBN) disbursed lower denomination banknotes worth N237.14 billion to microfinance banks (mfbs), merchants, shopping malls, market associations among others in 2019,...
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...