21 results
- 9 May 2024
CBN Unveils List of Licensed Deposit Money Banks
Central Bank of Nigeria (CBN) has released the list of licenced Deposit Money Banks operating in the country. Providing insights into the banking landscape in Nigeria, the list was made public on the…
- 15 Jun 2016
Providus Bank Gets Commercial Banking Licence from CBN
Providus Bank Plc has been granted a commercial banking licence with regional authorisation by the Central Bank of Nigeria (CBN), according to information on the apex bank’s website on Tuesday.…
- 14 Sept 2017
Providus Bank Goes Live on ICS BANKS
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announces the successful implementation, launch and roll-out of its…
- 20 Mar 2026
Providus Bank Fully Meets CBN Capital Requirement, Sets Record Straight
Providus Bank Limited has dispelled media reports over its compliance with regulatory capital requirements, confirming that it has successfully met and exceeded the recapitalisation threshold set by…
- 6 Aug 2024
Unity, Providus Banks Merger Scales First Hurdle as CBN Approves Deal
Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank Limited. In a statement signed by…
- 2 Jun 2026
Supreme Court Endorses Unity, Providus Bank Merger
Supreme Court of Nigeria delivered a landmark ruling on the merger between Unity Bank Plc and Providus Bank Limited. By dismissing the final appeal challenging the consolidation, the apex court has…
- 18 Feb 2026
Unity Bank Confirms Merger with Providus a Done Deal
Following the recently held Court-Ordered Meeting and subsequent overwhelming endorsement, the merger and business combination between Unity Bank Plc and Providus Bank Limited remains firmly on…
- 25 Jun 2026
Providus, Unity Bank Begin Integration Phase after Supreme Court Nod
The merger between Providus Bank and Unity Bank has entered the integration phase following the completion of all legal and regulatory requirements, setting the stage for the emergence of…
- 25 May 2026
NIBSS Blames System Glitch for Disappearance of N13.66Bn, Seeks Court Nod for Recovery
Nigeria Inter-Bank Settlement System Plc (NIBSS) has sued 19 commercial and microfinance banks, over N13.66 billion allegedly lost to unauthorized transfers following a major glitch on its payment…
- 3 Oct 2022
Providus Bank, Interswitch Partner to Improve Security in Payments Ecosystem
As part of efforts to foster a safer, more inclusive payments ecosystem, Interswitch limited, in collaboration with Providus Bank, is driving the focus on security in the payments ecosystem. Speaking…
- 14 Nov 2023
Interswitch System Glitch: Court Orders Freezing of Accounts in 54 Banks
Justice Peter Lifu (JP) of a Federal High Court sitting in Lagos has granted an order freezing some accounts in about 54 financial institutions in the country where alleged funds from Interswitch…
- 19 Feb 2020
CBN Releases List of Authorised Banks in Nigeria
Central Bank of Nigeria (CBN) has released the list of deposit money banks and financial holding companies operating in Nigeria, meaning that anybody who transacts banking business outside the list…
- 21 May 2023
CBN Names of Approved Cheque Printers in Nigeria
Central Bank of Nigeria (CBN) at the weekend, released the list of certified cheque printers in the country, in a bid to foster efficient payment and settlement system. Cheque book In a circular…
- 27 Jan 2020
CoralPay Deploys C’Gate, Composite Payment-Processing Engine
CoralPay Technology Limited has deployed the C’Gate, (CoralPay Payment Gateway and Processing) Platform, which has been described as the first interoperable USSD and mobile payment processing…
- 30 Apr 2026
Nigeria’s CardForté Turns Five, Showcasing Impact on Domestic Payment Infrastructure
For Nigeria's rapidly expanding financial sector, the true bottleneck to scaling has rarely been user acquisition; it has been the physical infrastructure of payments. On April 24, 2026, at the Lagos…
- 6 Dec 2020
CIBN Chief Tasks Banks on Strengthening Cybersecurity
Chartered Institute of Bankers of Nigeria (CIBN) has urged banks to strengthen their cybersecurity architecture to protect themselves against attacks by fraudsters. Mr. Bayo Olugbemi,…
- 7 Oct 2025
FG-backed mortgage reforms help over 700 Nigerians become homeowners in 6 months
More than 700 Nigerians have successfully transitioned from renters to homeowners within six months, following the implementation of landmark mortgage reforms spearheaded by the Federal Government…
- 16 Dec 2024
Mastercard Partners with Allawee to Enhance Financial Access in Nigeria
Allawee, one of Nigeria’s leading digital lending fintech, in collaboration with Mastercard, has launched a credit-building card designed to enhance financial access for federal civil servants and…
- 29 Nov 2023
ProvidusBank Collaborates with Mastercard to Drive Financial Inclusion for MSMEs
In a bid to affirm its digital dominance and stimulate innovation within Nigeria’s financial space, ProvidusBank, in collaboration with Mastercard, has announced a new payment solution designed to…
- 11 Mar 2017
SystemSpecs Releases Remita Mobile App
SystemSpecs, a financial technology company in Nigeria and owner of Remita, has announced the release of the Beta version of Remita Mobile Application, to empower individuals to view multiple bank…
- 19 Jun 2020
COVID-19: Softcom Launches Transparent Crowdfunding Platform for Effective Distribution of Palliatives to Poor Households
Softcom, a company dedicated to connecting people and business through meaningful innovation, in partnership with Deloitte, MTN, Ernst &Young, Banwo&Ighodalo, GTBank, Future Africa, Providus…