Central Bank of Nigeria (CBN) has issued a new directive to all Deposit Money Banks (DMBs) introducing a reduction in the loan-to-deposit ratio (LDR) to 50...
Alternative Bank Limited (AltBank) has announced a strategic collaboration with FoodBank and Sterling One Foundation to raise approximately N20 million in support of hunger alleviation and...
Fidelity Bank Plc has recorded a profit before tax of N124.3 billion for the year ended December 31, 2023, indicating a 131.5 per cent increase from...
ClaimBuddy, insurancetech startup has raised $5 million in its Series A funding round led by Bharat Innovation Fund (BIF), with participation from Japanese VC firm CAC...
United Bank for Africa (UBA) has said that it will seek shareholders’ approval at the company’s 62nd annual general meeting (AGM) to raise capital. The AGM...
Wema Bank has launched an anti-fraud campaign to protect its customers and other Nigerians against fraudulent activities perpetrated by some wallet accounts and fintech partners. The...
Mr. Wale Edun, Minister of Finance and Coordinating Minister of the Economy, has praised the smartcard manufacturing company, SecureID Limited, for its sustainable contributions to the...
MasterCard and Onafriq, a pan-African payments provider, have partnered to provide a range of payment solutions to consumers and small and medium-sized businesses across the continent....
Nigerian Government has traced Nadeem Arjarwalla, Binance executive to Kenya following his escape from custody and is currently taking steps to extradite him back to Nigeria....
Nigerian Exchange (NGX) has sanctioned Julius Berger Nigeria (JBN) Plc for engaging in inappropriate insider dealing in shares. Insider dealing is the illegal practice of trading...
