30 results
- 4 Dec 2024
The Alternative Bank Introduces Elite Banking, Gold Card Offerings
The Alternative Bank (a member of the Sterling Financial Services Holding Company) proudly unveils the next level of premium banking services with the AltElite product suite and Gold Card offering.…
- 28 Oct 2025
The Alternative Bank, Utiva Partner on Scholarships to Boost Digital Skills for Women
The Alternative Bank (‘AltBank’) has announced the launch of The Alternative Bank-Utiva Women in Tech Scholarship, a landmark initiative designed to empower women entrepreneurs with digital skills,…
- 29 Mar 2024
The Alternative Bank, TK Tech Africa Collaborate on $500m Digital Sukuk
The Alternative Bank and TK Tech Africa are set to transform the landscape of financial technology and non-interest banking in Nigeria through their innovative $500 million Digital Sukuk initiative.…
- 23 Apr 2012
Clydestone to Connect Banks to Alternative Payment Brands
Clydestone, Ghana’s premier electronic payment firm with office in Nigeria is enabling banks, merchants and customers to plug into alternative payment channels such as Paypal and Amazon Pay. This is…
- 19 Oct 2012
GTBank Gets PCIDSS Certification
Guaranty Trust Bank’s alternative banking channels got a boost recently with the bank’s receipt of the Payment Card Industry Data Security Standard certification (PCIDSS). PCIDSS certification is a…
- 26 Jun 2024
Sterling HoldCo Grows Assets To N2.5 Trillion
Major shareholders of one of Nigeria’s leading financial conglomerates, Sterling Financial Holdings Company PLC., expressed their delight with the leadership and financial performance of the group at…
- 17 Apr 2024
AltBank Walks Against Hunger, Advocates for Education
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…
- 5 Jun 2024
Heritage Bank: Step-to-Step Process to Reclaim Funds as NDIC Pledges to Pay Customers within one Week
Nigerian Deposit Insurance Corporation (NDIC) has assured depositors of Heritage Bank it will pay their deposits within one week. Bello Hassan, Managing Director of NDIC, stated this at a briefing…
- 30 Jun 2024
Why Some Heritage Bank Customers are Yet to be Paid – NDIC
Nigeria Deposit Insurance Corporation (NDIC) has said that account names discrepancies in Bank Verification Number (BVN) linked alternate account of some defunct Heritage Bank customers is delaying…
- 5 Oct 2025
Investors Rush for Sterling Holdco Shares as Public Offer Gains Momentum
Sterling Financial Holdings Company Plc. (Sterling Holdco), the parent firm of Sterling Bank, The Alternative Bank, SterlingFI, and other innovative ventures, is witnessing a surge of investor…
- 1 Oct 2025
Sterling Holdco’s Public Offer Ignites Investor Frenzy Amid Strategic Expansion Plans
Sterling Financial Holdings Company Plc. (‘Sterling Holdco’)—the powerhouse behind The Alternative Bank, Sterling Bank, SterlingFI, and other innovative ventures—is making headlines with its dynamic…
- 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…
- 29 Apr 2024
Nigerians Trust Bitcoin for Financial Security than Sanks – Report
Nigerians have more trust in Bitcoin-based systems than in traditional alternatives such as banks and government, a new report by Elastos, an open-source blockchain website, has stated. According to…
- 30 Jul 2024
Summit Bank, New Islamic Bank Gets CBN’s License
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. Summit Bank brings to six…
- 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…
- 7 Feb 2015
Heritage Bank Highlights Customer Experience As Key to Retail Banking Success
Improved customer experience, technology and thorough exploitation of the emerging alternative markets in the non-oil sectors of the Nigerian economy are keys to growing emerging retail banking…
- 11 Jan 2026
NDIC Declares Second Liquidation Dividend for Heritage Bank Depositors
Nigeria Deposit Insurance Corporation (NDIC) has declared a second liquidation dividend of ₦24.3 billion for depositors of Heritage Bank Limited (in liquidation) whose account balances exceeded the…
- 11 Apr 2013
GTB Unveils Facebook Banking Platform
Guaranty Trust Bank Plc (GTBank) has launched a social banking platform, which allows customers to meet their banking needs on Facebook. The new offering which is the first of its kind by any…
- 25 Aug 2020
SAF Launches Initiative for Affordable Power
Sterling Alternative Finance (SAF), the non-interest banking division of Sterling Bank Plc has announced the launch of Altpower – a clean and affordable energy solution for homes and businesses…
- 7 Sept 2009
Yes! Islamic Banking
The need to reassess the opportunities provided by the Islamic finance system in combating the current financial crisis is a welcome development. The collapse of leading Wall Street institutions,…
- 11 May 2026
Mastercard, BMONI Launch Multi-Currency Payment Cards in Nigeria
Mastercard, global technology company in the payments industry and BMONI, smart digital wallet designed as a modern alternative to traditional banks have partnered to launch a new suite of virtual…
- 14 Jul 2016
Fitch Affirms UBA’s Viability Rating as Agusto Upgrades Rating to “Aa”
Fitch International, one of the foremost global rating agencies has affirmed United Bank for Africa (UBA) Plc’s viability rating at “B”, as the Pan-African banking group continue to sustain its…
- 8 Apr 2021
NAMB Seeks Extension of Recapitalisation Deadline for Microfinance Banks
Yusuf Gyallesu, national president of the National Association of Microfinance Banks (NAMB), has asked Central Bank of Nigeria (CBN) to extend the recapitalisation deadline given to the banks. In the…
- 30 Mar 2025
Uninsured Depositors of Heritage Bank to Receive Liquidation Dividends In April – NDIC
Depositors of Heritage Bank (in-liquidation) with balances exceeding the insured sum of ₦5 million will be paid from the sale of physical assets and debt recovery efforts soon, the Nigeria Deposit…
- 30 Mar 2025
NDIC Fixes April as Time Uninsured Depositors of Heritage Bank will Receive Liquidation Dividends
Depositors of Heritage Bank (in-liquidation) with balances exceeding the insured sum of ₦5 million will be paid from the sale of physical assets and debt recovery efforts soon, the Nigeria Deposit…
- 20 Feb 2020
SystemSpecs Hosts ICT Stakeholders @ Social Media Week
To deepen digital lending opportunities and further empower individuals and SMEs in Nigeria, SystemSpecs, a leading provider of financial technology and human capital management solutions and…
- 5 Jun 2014
NDIC Begins Verification, Payment of Insured Depositors
Nigeria Deposit Insurance Corporation (NDIC) has commenced verification and payment of insured depositors in 33 of the 83 Micro-Finance Banks whose licences were revoked in December 2013. This…
- 11 Apr 2014
GTBank, Avios Launch Loyalty Reward Scheme
Guaranty Trust Bank plc has announced the launch of its new loyalty scheme exclusively for GTBank credit card holders. The loyalty scheme is in partnership with Avios, the leading global travel…
- 23 Jun 2014
GTBank Launches New Digital Payment Solution
Guaranty Trust Bank plc has launched another innovative alternative payment channel known as the “GTBank 1 Click Top-up” which allows its customers to conveniently top up their mobile phones. The new…
- 7 Apr 2023
Sterling Bank Relists on NGX as HoldingCo
Sterling Bank Plc announced that it has completed a significant milestone in its ongoing transformation to a financial holdings company. It said this is with the delisting, transfer, and relisting of…