The total debts owed by banks to telecommunications service providers arising from the use of Unstructured Supplementary Service Data (USSD) have risen from N42 billion to...
The economic recovery from the COVID-19 accelerated in the first half of 2021, causing the global banks’ market cap to almost completely recover and reach pre-pandemic...
The Central Bank of Nigeria (CBN) on Tuesday has warned both the Deposit Money Banks (DMBs), Bureau De Changes and other forex dealers against rejecting old...
In an effort to curb growing bad debt, the Central Bank of Nigeria has said it will extend its Credit Risk Management System to Other Financial...
Jaiz Bank Plc, a non-interest bank operating under Islamic banking principles in Nigeria, has proposed N0.03k per 50k ordinary share for the financial year ended December...
In a bid to put an end to the lingering issues between Mobile Network Operators (MNOs) and Deposit Money Banks, the Central Bank of Nigeria, Nigerian...
In the bid to boost the facilitation of payments between SME and retail customers in the digital space, Access Bank Plc recently unveiled SWIFTPAY, a digital...
CIT Microfinance Bank Disburses Over N16bn Loans CIT Microfinance Bank Limited says it has disbursed about N16bn loans since it commenced operations as part of its...
Board of Sterling Bank Approves 2020 Audited Financial Statements The Board of Sterling Bank Plc said it has approved the audited financial statements for the year...
Access Bank Commences Accelerator Program, to Empower Startups The Africa FinTech Foundry (AFF), an initiative of Access Bank Plc has commenced its accelerator program. The initiative...