Summit Bank, a new Islamic bank has just received provisional licensing from the Central Bank of Nigeria (CBN), to operate non-interest banking, devoid of interest rates....
Access Bank has revamped its digital loan platform ’QuickBucks’, to boost lending across Nigerian consumers. The bank said customers can access the bank’s digital loans for...
9 Payment Service Bank (9PSB), Nigeria’s digital payment service bank, focused on financial inclusion has re-emphasized that Nigeria’s evolving payment ecosystems and increased collaborative activities among...
Central Bank of Nigeria (CBN), said it would publish the names of owners of unclaimed balances in dormant accounts that is being transferred to the Unclaimed...
Wema Bank has launched ALATPay, a payment gateway platform designed to provide a secure end-to-end shopping experience for customers and instant settlement for merchants. The platform...
The Corporate Affairs Commission has issued fresh guidelines to assist Deposit Money Banks in the ongoing recapitalisation. The commission, in a statement signed by its management...
Moniepoint Inc, Africa’s fastest growing financial institution according to the Financial Times has underscored the importance of a collaborative and holistic stakeholder approach in advancing the...
Olayemi Cardoso, governor, Central Bank of Nigeria (CBN), has explained that it ordered banks to transfer all dormant accounts and unclaimed balances to a specialized account...
Visa prevented 80 million fraudulent transactions worth $40 billion globally last year thanks to investments in technology including artificial intelligence (AI), a senior company figure said...
Central Bank of Nigeria (CBN) monetary policy committee has raised interest rate by 50 basis points from 26.25% to 26.75%. The Governor of the CBN, Mr....
