Nigeria Deposit Insurance Corporation (NDIC) has warned members of the public against carrying out any transactions with the 46 microfinance banks whose operating licences...
United Bank for Africa (UBA) Plc, Africa’s Global Bank, has rewarded thousands of customers with over ₦400 million in anniversary bonuses under its flagship...
Providus Bank and Unity Bank have completed their business combination and will commence operations as a single unified institution following the conclusion of all...
World Bank has said Nigeria’s greatest fiscal challenge is weak revenue mobilisation rather than excessive borrowing, urging the Federal Government to strengthen revenue generation...
A Nigerian Catholic priest, Rev. Benjamin Okwy Madu, popularly known as Father Ben, has died unexpectedly in the United States just days after delivering...
African Export-Import Bank and Ecobank Group have embarked on a collaboration aimed at simplifying trade and compliance for businesses in Africa by integrating Ecobank’s...
Central Bank of Nigeria (CBN) has announced that diaspora remittances through international money transfer operators (IMTOs) reached $4.22 billion between January and October 2024....
The Nigerian banking sector has witnessed a concerning rise in fraudulent activities, with incidents of fraud in bank branches increasing by 31 percent in...
United Bank for Africa (UBA) through UBA Foundation, its corporate social responsibility arm, has donated the sum of N500 million to the Lagos State...
FirstBank, through its First@arts initiative, has launched the annual DecemberIssaVybe campaign to inspire and empower Nigerians to create and enjoy thrilling memories. The campaign...
House of Representatives has urged the closure of illegal loan platforms used by “one chance” operatives to extort money from unsuspecting victims. This decision...
Babatunde Olofin, managing director, Moniepoint Microfinance Bank, on Sunday warned Nigerians against falling victims to fraudsters who request account numbers for end-of-year rewards. Olofin...
The Board of Directors of Greenwich Merchant Bank Limited has announced the appointment of Mr. Benson Ogundeji as its substantive Managing Director/Chief Executive Officer,...