Nigerian banks collectively generated N438 billion from digital banking channels in 2023. This represents a 37.54% increase from the N318.64 billion recorded in the previous year....
The Central Bank of Nigeria (CBN) has recently granted licenses to ten (10) digital banks offering services in the country. While these digital banks could be...
Some group of Experts in Nigeria has called on the Central Bank of Nigeria (CBN) on the need for regulation and transparency of digital banks to...
Due to the shortage of physical cash flow in Nigeria, caused by the Central Bank‘s policy to redesign the old Naira, many citizens have turned to...
Kuda Bank, Nigeria’s First digital-only bank has joined the list of companies that have laid off some of its workforce.
Recently, G7 officials broadcast a joint statement noting that CBDCs would complement cash and that any such payment system should follow a series of principles they...
Neobanks, popularly known as digital banks in Nigeria, are fintech companies that offers mobile applications, software and other technologies to streamline financial services and banking in...
A new Juniper Research study has found that 53% of the world’s population will access digital banking services in 2026; reaching over 4.2 billion digital banking users, from...
Last month, the Kenya Bankers Association had their regular CEO Chat, this time with Alakh Kohli, CEO of M Oriental Bank. During the exchange, he was questioned...
More than half of millennials are happy to switch to or already have a digital-only bank, reveals a new poll from one of the world’s largest...