Access Bank UK, the wholly owned subsidiary of Access Bank PLC, has received approval from the Hong Kong Monetary Authority to commence formal banking operations in...
Banks in Nigeria have received a directive from the Nigeria Inter-Bank Settlement System (NIBSS) to disconnect Switches, Payment Solution Service Providers (PSSPs), and Super Agents from...
Investors Respond Positively to Anticipated Capital Raising Measures
The Bank of Israel released a comprehensive assessment today, revealing a substantial economic impact stemming from the ongoing conflict with Hamas. The central bank’s research department...
In a meeting with the Mexican Ambassador to Nigeria, Alfredo Miranda, the Nigeria Export-Import Bank (NEXIM) revealed that investors in Nigeria are enjoying robust returns on...
The Third Edition of the Zenith Tech Fair, tagged “Future Forward 3.0”, is set to be held on Wednesday, November 22 and Thursday, November 23, 2023,...
In a strategic move to adhere to the Central Bank of Nigeria’s (CBN) regulatory requirements, the country’s Deposit Money Banks (DMBs) and merchant banks have collectively...
Ecobank, a prominent pan-African banking group, and the African Guarantee Fund (AGF), a specialized pan-African guarantee provider, have sealed a $200 million risk-sharing agreement. This collaboration,...
Union Bank of Nigeria has announced a revision in the stake acquisition price for minority shareholders, increasing it from N7 per unit to N7.70. The disclosure...
The Nigeria Deposit Insurance Corporation (NDIC) has issued a clarification and refuted recent misleading reports circulating on social media with the headline “CBN Liquidates 20 Banks...