BANKING

Access Bank partners Africa Fintech Foundry to deepen digital inclusion for students - Driven by the vision to nurture the next generation of fintech innovators, the Africa Fintech Foundry, in partnership...

NOVA Merchant Bank appoints Onokpasa as Executive Director, Wholesale Bank and Treasury - NOVA Merchant Bank has appointed Emmanuel Onokpasa as Executive Director, Wholesale Bank and Treasury. In this role, Onokpasa...

Nigeria’s central bank recovers customers’ N89.2b from commercial banks - The Central Bank of Nigeria (CBN) has so far recovered N89.2 billion of customer’s money from commercial banks in the country...

Jaiz Bank’s net profit rises to N2b in first half of 2021 - Nigeria’s premier non-interest bank, Jaiz Bank Plc recorded impressive growth in profitability in the first half as increasing...

Unity Bank Launches Anti-fraud USSD Code for Customers - Unity Bank Plc has unveiled a new code on its USSD platform to help customers stem the risk of fraud in electronic...

Wema Bank Unveils Tuition-Free Business School for small businesses - Wema Bank Plc has launched a free business school streamlined for Small and Medium Enterprises (SMEs) as part of its commitment...

WEMA Bank reports N4.3bn Profit before Tax in H1 2021 - WEMA Bank has announced a 149 percent growth in Profit Before Tax (PBT) to N4.3 billion in the first half...

Nigerian Banks Woo Customers with Forex, Sell Dollar at N412 - Deposit Money Banks (DMBs) are beginning to encourage customers to come to them for their foreign exchange (forex) needs in...

Kuda Bank, Nigerian fintech startup raises $55 million Series B round - Nigerian fintech startup, Kuda Bank has raised $55 million in a Series B round at a valuation of $500...

FCMB gets $50M from AFDB, increases lending to high impact businesses - Women empowered businesses and local enterprises involved in agribusiness, manufacturing, health care, and renewable energy will have access to...