24 results
- 13 Dec 2023
TAJBank Earns Highest Credit Ratings in NIB Sector
TAJBank Limited, Nigeria’s leading non-interest banking services provider, has again set a record with Bbb+ rating by the foremost rating agency – Agusto & Co -, thereby making the fast-growing…
- 18 Feb 2026
BoI Secures CBN’s Approval for Non-interest Banking Operation
Bank of Industry (BOI) has received approval from the Central Bank of Nigeria (CBN) to operate a Non-Interest Banking (NIB) Window. Theodora Amechi, bank’s divisional head, Public Relations, said the…
- 1 Jan 2018
Ericsson Signs Funding Agreements for 5G Research
By peter oluka To enhance its research programme on fifth generation network technologies (5G), Ericsson has signed agreements for credit facilities with the Nordic Investment Bank (NIB) for USD 220…
- 6 Sept 2021
LOTUS Bank Commences Operations in Three New Locations
With the simultaneous opening of three new locations in Lagos, LOTUS Bank Limited now has physical presence in four locations in Lagos. The newest and third Non-Interest Bank (NIB) in the country,…
- 28 Jul 2025
NIBSS: Active Bank Accounts in Nigeria Hit 320m
Nigeria Inter-Bank Settlement System (NIBS) has revealed that the number of active bank accounts in the country increased to 320 million in the first quarter of 2025. NIBSS also announced that the…
- 8 Feb 2026
BOI Secures CBN Nod for Sharia Banking, Unlocks Ethical Funding Boom
Bank of Industry (BOI) has received Central Bank of Nigeria (CBN) approval to launch a Non-Interest Banking (NIB) Window, expanding ethical financing for underserved businesses nationwide. BOI The…
- 19 Feb 2015
Global Payout Gets Approval for Prepaid MasterCard Card
Global Payout, Inc., a prepaid card program manager and domestic and international payment gateway solutions provider, announced that it has received approval to launch what it says is the first…
- 26 Jan 2018
NDIC Receives Accolade for Safety, Soundness of Nigerian Banking System
Sterling Bank Plc has praised the Nigeria Deposit Insurance Corporation (NDIC) for its immense contribution to the safety and soundness of the Nigerian banking system since its inception. The…
- 23 Feb 2026
TAJBank Secures A1 Ratings from Agusto, Datapro
TAJBank Limited has received A1 credit ratings from Agusto & Co and Datapro, marking an upgrade from the Bbb+ rating assigned by Agusto about two years ago and placing the non-interest lender…
- 2 Oct 2018
NDIC Paid N11.5bn to Depositors of Financial Institutions in 2017
Umaru Ibrahim, Managing Director and Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), has revealed that about N11.50 billion has been paid to financial institutions. The payment, he…
- 6 Mar 2022
NDIC Declares 100 Per Cent Dividends to 22 Banks in-Liquidation
Nigeria Deposit Insurance Corporation (NDIC) said that it has declared 100 per cent liquidation dividends to depositors of 22 Deposit Money Banks (DMBs) in-liquidation. Speaking at the NDIC special…
- 22 Sept 2022
Shareholders Unanimously Approve Holding Company Structure for Sterling
Shareholders of Sterling Bank Plc unanimously voted in favor of the creation of a new non-operating holding company (HoldCo) to hold the shares in its commercial banking operation as well as the…
- 7 Dec 2023
NDIC to Pay N16.18Bn Liquidation Dividends to Depositors of 20 Failed Banks
Nigeria Deposit Insurance Corporation (NIDC), has asked depositors of 20 failed banks to come forward and claim their liquidation dividends amounting to N16.8 billion. Bello Hassan, managing director…
- 12 Feb 2026
NDIC Moves to Boost Customers’ Confidence in Nigerian Banks
The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to safeguarding the nation’s financial system, announcing that its recent upward review of the maximum deposit insurance…
- 26 Feb 2020
Christopher, A Marketing Solution Software Launches in Nigeria
Emblue, a new media and marketing communication company has announced the launch of its franchised artificial intelligence marketing software Christopher A.I in Nigeria. The announcement was…
- 21 Dec 2009
Danger Lurks as Cyber Terrorists Threaten Nigeria
Nigeria is at risk of cyber terrorism and needs urgent framework including laws to stave off premeditated, politically motivated attacks against government, institutions, information and computer…
- 9 Sept 2015
eCommerce Growth Depends on Robust Logistics- Alimi
Dele Alimi, director, Membership and Trade Promotion, Lagos State Chamber of Commerce & Industry (LCCI), has described robust and efficient logistics sub-sector as pivotal in deepening the…
- 7 Oct 2015
Samsung Galaxy Note 5 with Advanced S-Pen Unveiled in Nigeria
Samsung Electronics has launched the latest addition to its Galaxy Note family, the Galaxy Note 5, in Nigeria. Blending an advanced S-Pen with superior viewing experience, the Galaxy Note 5 provides…
- 20 Nov 2016
How and Why People Commit eFraud
Pressure, opportunity and rationalization form the fraud triangle, which information technology security experts now believe are reasons why people commit electronic fraud. Also, the people factor in…
- 13 Oct 2017
Cyber Risks Have Become New Norm in Business Life- Aimufia
Cyber incidence has become new norm with the increase in number of people that use mobile phones to assess the internet. Odalo Aimufia, CIO, Leadway Assurance, made the remark while speaking on…
- 10 Jun 2018
Stakeholders in Information & Record Management Call for Speedy Passage of Data Protection Law
Opinion-molders in Information and Record management sector have called on the national assembly to speedily pass the data protection law, if the country will truly make any meaningful progress.…
- 14 Apr 2019
Cyber Terrorists Threaten Nigeria, Experts Proffer Solutions
Cyber criminals unarmed but very lethal are the prowl in Nigeria. The unchecked activities of these thieves are near plague. Nigeria as a country is at risk of cyber terrorism and needs urgent…
- 2 Dec 2008
Celebrating ‘767’ Emergency Line
In Nigeria, we place phone calls to the Police after a crisis has already begun, after the arrow has already hit its target. But thanks to the Lagos state ‘767’ emergency line, police now…
- 16 Oct 2020
Nigeria Business Leaders Tasked on Customer-focused Innovation
Nigeria’s business leaders have been advised to define innovation from customers’ perspective in order to provide value to their clients. The advice was given by a Professor of Innovation and…