BANKING

CBN tasks banks’ boards on increased oversight, innovation - The Central Bank of Nigeria (CBN) has advised boards of financial institutions to strengthen their oversight functions and boost innovation, especially during...

Ecobank introduces card-less ATMs using only a mobile phones - Ecobank has introduced cardless Automated Teller Machines (ATMs). The bank’s Xpress Cash enables users to withdraw cash from ATMs using only...

JAIZ Bank, CANs Park, others partner on relief disbursement - Jaiz Bank Plc, in collaboration with CANs Park Limited, and other partners, have created a platform that makes it easy for...

Commercial Banks’ loans hit N33tr in 12 months - Macroeconomic and Fixed Income Researcher at FBNQuest, Gregory Kronsten has listed the macroeconomic impact of the Covid-19 pandemic on the population. In...

FirstBank holds virtual Fintech summit in Lagos - FirstBank of Nigeria Limited has held its virtual FinTech Summit 4.0 in Lagos. It has a theme: ”How Blockchain and Artificial Intelligence will...

FCMB Sustains New Strengths in Q2 2020 - First City Monument Bank sustained new strengths in operations in the second quarter despite the challenges of the Covid-19 economic lockdown. The bank...

Market leaders demand rate unification framework Sanusi advises CBN to Fund BDC for naira stabilisation - TO protect the naira, the Central Bank of Nigeria (CBN) must fund Bureau De...

Wema Bank unveils collateral-free loans for small businesses - Wema Bank has launched collateral-free SMEs’ loans to assist businesses negatively affected by the Coronavirus pandemic to grow their operations. In a...

CBN Okays banks to share customers’ data with Fintechs - The Central Bank of Nigeria (CBN) has asked commercial banks to share their customers’ data with financial technology (Fintech) companies to...

Access Bank reaches agreement to acquire Zambian bank - Access Bank Plc has announced that its subsidiary, Access Bank Zambia (ABZ), has entered into a definitive agreement with Cavmont Capital Holdings...