30 results
- 6 Aug 2019
Ecobank Appoints New Group Consumer Banking Head
Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Group, announce appointment of Nana Araba Abban as Group Consumer Banking Head with immediate effect. Nana will…
- 26 Jan 2022
71m Nigerians Operate Bank Accounts without ID- Reps
House of Representatives, Wednesday, alleged that 71 million Nigerians still operate their banks’ accounts without identification. The House has therefore, set up an ad hoc committee, headed by…
- 2 Nov 2016
eFraud Confab: Industry CEOs, Stakeholders Meet in Lagos
Top-notch chief executive officers (CEOs) of organisation from within and outside the electronic payment industry and other key stakeholders in the economy are set to converge on Lagos next week for…
- 26 Jan 2026
CBN Upgrades Licences of Opay, Moniepoint, Kuda, Palmpay, Paga to National Status
Central Bank of Nigeria (CBN) has approved the upgrade of operating licences for major FinTech companies and Microfinance Banks (MFBs), including Opay, Moniepoint MFB, Kuda Bank, Palmpay and Paga, to…
- 22 May 2023
Mastercard, CEBIH Partner to Drive Cybersecurity in Nigeria
Mastercard hosts a first-of-its-kind Fraud and Cyber Security Forum in Lagos, Nigeria in partnership with the Committee of E-Banking Industry Heads for Nigeria (CeBIH). The forum which aims to…
- 23 Feb 2009
CBN Restores Savannah Bank’s License
The Central Bank of Nigeria (CBN) has restored the operational license of …
- 14 Sept 2020
Yomi-Ajayi, UBA USA CEO Appointed to US EXIM’s Sub-Saharan Africa Advisory Committee
Sola Yomi-Ajayi, the CEO of the United Bank for Africa (UBA)’s operations in the United States, has been appointed to the Export-Import Bank of the United States (US EXIM) Committee on Sub-Saharan…
- 15 Apr 2021
SEC Accuses Operators of Frustrating eDividend Registration
Securities and Exchange Commission (SEC) on Thursday blamed some Capital Market Operators (CMOs) for frustrating the e-dividend mandate process, leading to rise in unclaimed dividends in the capital…
- 11 Sept 2024
UBA Appoints Nweke, Deputy Managing Director
United Bank for Africa (UBA) has named Chukwuma Nweke as its deputy managing director. Nweke’s appointment that previously held roles of chief operating officer and executive director, retail &…
- 31 Jul 2025
Onuoha Takes Helm at ICAN Fidelity Chapter, Vows to Deepen Professional Excellence
Fidelity Bank Chapter of the Institute of Chartered Accountants of Nigeria (ICAN) has inaugurated Mr. Audifax Onuoha as its new Chairman, ushering in a fresh era of professional development and…
- 1 Apr 2014
Amangbo to Replace Emefiele as Zenith Bank Boss
Zenith Bank Plc yesterday announced the appointment of Mr Peter Olisamedua Amangbo as Group Managing Director and Chief Executive designate of the bank. His appointment is sequel to the approval of…
- 17 Apr 2014
ATMs @ Risk as Banks Miss Microsoft Windows Deadline
Nigerians may experience glitches at automated teller machines (ATMs) as most banks in the country are yet to migrate to Windows 8 Operating System (OS) after Microsoft Corporation retired Windows XP…
- 23 Nov 2014
CBN Plans Review of e-Payment Guidelines
Alhaji Suleiman Barau, deputy Governor, Operations Directorate, Central Bank of Nigeria (CBN), has said the apex bank may soon commence comprehensive review of electronic payment (e-payment)…
- 9 Nov 2014
NIMC, CBN at Loggerheads over BVN Scheme
Central Bank of Nigeria (CBN) and National Identity Management Commission (NIMC) last week failed to agree on who should have full control over the Biometric Bank Verification Number (BVN)…
- 14 Jan 2024
Worries as CBN Begins Abuja Office Decongestion Affecting 1,533 Staff
There is a growing concern among workers as the Central Bank of Nigeria (CBN), commenced the decongestion of its head office in Abuja, affecting 1,533 staff. According to an internal memo, the…
- 17 Jun 2014
CBN Orders Banks to Return Trapped ATM Funds
Central Bank of Nigeria (CBN) has directed all banks in the country to return all monies in their possession as a result of Automated Teller Machines’ (ATMs’) non-dispense or partial dispense…
- 30 Mar 2014
CBN Releases Guidelines on e-Reference Operations
Reforms in the electronic payment (e-payment) system have moved further with the release of guidelines on the operations of the electronic Reference (e-Reference) for the banking industry. The…
- 20 Oct 2016
Senate Lauds NDIC over Remittance to Consolidated Revenue Fund
The Senate Committee on Banking, Insurance and Other Financial Institutions has commended the Nigeria Deposit Insurance Corporation (NDIC) for its prompt and regular remittance of its operating…
- 28 Sept 2010
FirstBank Appoints 5 Management Executives
The Board of Directors of FirstBank of Nigeria Plc (FirstBank) has made five key strategic appointments to its business operations in a bid to deepen specialization and service delivery as well as…
- 17 Apr 2014
NIBSS Offers Cash Back Reward to Increase Use of PoS
Nigeria Interbank Settlement System (NIBSS) is offering electronic cardholders in the country cash back of 50 kobo for every N100 spent in the use of e-payment cards to pay for goods and services on…
- 16 Nov 2017
Angry Reps Threaten to Arrest Bello-Osagie, Airtel Boss
Segun Ogunsanya, chief executive officer & managing director, Airtel Nigeria House of Representatives adhoc committee investigating the operational activities of telecoms operators panel Thursday…
- 20 Jul 2026
PFIPC Probe: Dollar, Pounds Accounts of Fake Agency Inactive - CBN
Central Bank of Nigeria (CBN) has disclosed that two foreign currency accounts opened in connection with the controversial Presidential Foreign Investment Promotion Council (PFIPC) have remained…
- 26 Mar 2021
UBA America to Facilitate Investment, Development Capital, Trade Between North America and Africa - CEO
UBA America, the United States’ subsidiary of Pan African financial institution, United Bank for Africa (UBA) Plc, has pledged its continuous commitment to facilitate trade and investment between…
- 9 Jun 2023
Tinubu Appoints Shonubi as Acting CBN Governor
President Bola Tinubu has appointed Mr. Folashodun Adebisi Shonubi, deputy governor (Operations Directorate) as acting governor of the Central Bank of Nigeria (CBN) following the suspension of Godwin…
- 18 Dec 2024
TeamApt's Dennis Ajalie Highlights Importance of Collaboration in Digital Payments
TeamApt Ltd’s Managing Director, Dennis Ajalie, has said that fintech companies and banks play very complimentary roles in deepening payment products and services for users while acknowledging that…
- 6 Feb 2012
FirstBank Holds 31% of Card Market, Poised for Cashless Regime
First Bank plc, Nigeria’s oldest commercial bank, said it was ready to fully implement the recently introduced ‘cash-less’ policy announced by the central bank of Nigeria (CBN) on the…
- 5 Oct 2022
Wema Bank Boosts Healthy Living, Workplace Collaboration with Wemalympics 2022
To ensure its employees enjoy a high dose of Healthy living, physical fitness, emotional balance, and workplace collaboration to stimulate high productivity levels and a better workplace culture,…
- 5 Jun 2013
Unified Payments Appoints New Directors
Unified Payment Services Limited has appointed Babatunde Okeniyi, director, Marketing and Sales and Sina Joseph as director, Information Technology & Operations. Okeniyi will bring to his new…
- 9 Sept 2013
Banks, Environment Fuel High Interest Rate- CBN
Central Bank of Nigeria (CBN) has accused banks in the country of fueling the high interest rate ghost killing employment creation drive and generally haunting the country, Nigeria CommunicationsWeek…
- 13 Sept 2013
UBA Foundation Donates Incubators to UNTH, AKTH
UBA Foundation, the corporate social platform of United Bank for Africa (UBA) Plc has reaffirmed its commitment to the development of Nigeria's health sector especially in the area of improving and…