Banking
Union Bank Secures Three MSECB Management System Certifications

By Aduragbemi Omiyale
Three MSECB management system certifications in ISO/IEC 27001:2022, ISO 22301:2019, and ISO/IEC 20000-1:2018 have been secured by Union Bank.
The leading international provider of audit and certification services issued the certifications to the foremost Nigerian financial institution after a rigorous assessment.
It was gathered that MSECB found the lender to be in accordance with the management system requirements covering Information Security, IT Service Delivery, and Business Continuity standards under the combined Information Management Systems (IMS) standards.
The information security management systems ISO/IEC 27001:2022, ISO 22301:2019, and ISO/IEC 20000-1:2018 are internationally recognised standards that outline the requirements for establishing an effective information management system that guides against data breaches, IT system compromises, and disruption to business processes.
These latest certifications will enable the bank to continue to offer its customers improved data security, innovative banking solutions, and seamless service delivery through its state-of-the-art banking network.
This recent achievement by Union Bank follows the bank’s recertification of Payment Card Industry Data Security Standard (PCI DSS) version 3.2 and the International Organisation for Standardisation ISO/IEC 27001:2013 certification attained in 2018.
“The bank’s continued adherence to best international practices, as acknowledged by an independent third-party audit from a reputable international certification firm, reaffirms our capacity to erect, implement, and maintain best information and security management practices.
“We remain committed to offering our esteemed customers simpler, more innovative services rooted in the highest standards of information security and cutting-edge innovative banking service,” the Chief Information Security Officer at Union Bank, Mr Francis Mojoyinlola, said.
MSECB Management System Incorporated is a reputable international organisation specialising in the certification of management systems based on a wide range of global standards.
The firm offers audit and certification services and expertise in multiple fields, including, but not limited to, Information Security, Quality Management, Business Continuity, and Service Management. They help guide, evaluate, and issue various organisations’ certifications against internationally recognised standards.
The mission is to provide their clients with comprehensive services that inspire trust and demonstrate recognition.
Banking
Zabira Repositions Self as The People’s Wallet

By Aduragbemi Omiyale
A digital assets exchange, Zabira Technologies, has rebranded to reposition itself as The People’s Wallet and Africa’s trusted digital asset hub.
At a media event organised on Tuesday in Lagos to mark its sixth anniversary, the company said its adoption of a new brand identity underscores a renewed commitment to clarity, trust, and accessibility, aligning with the its mission to become Africa’s most reliable digital asset hub.
Zabira Technologies is one of the financial services providers in Nigeria established in 2019 as a simple wallet solution.
Since its inception the firm has evolved into comprehensive digital payments and asset exchange platform, enabling individuals and businesses to seamlessly acquire, store, swap, and grow their digital assets.
Guided by innovation and a user-first philosophy, Zabira empowers Africans to take control of their financial journey anytime, anywhere.
Whether stepping into crypto for the first time or seeking smarter, faster, and more reliable ways to transact, Zabira brings speed, security, and simplicity to every interaction.
“With this new identity, we are making crypto and digital payments more accessible for everyday Africans. Zabira is redefining how people interact with digital assets—offering everything from seamless crypto exchanges and competitive gift card trading to utility bill payments and cross-border transfers. We provide a one-stop platform for secure, efficient, and hassle-free transactions,” the Head of Marketing and Communications at Zabira, Ike Ekemah, stated.
The chief executive of the company, Isaac John, said, “Zabira is expanding its reach across crypto exchange, gift card trading, and bill payments, while staying anchored on our core values captured in the acronym S.P.A.R.K.—Security, where we ensure compliance and safety in every transaction; People, by putting users and our team at the center of everything; Agility, by constantly innovating to deliver fast and seamless solutions; Reliability, through consistent and dependable service; and Knowledge, which empowers us to lead with expertise in digital finance.
“Evolving into The People’s Wallet, Zabira now prioritizes safety, user experience, and financial empowerment. We are positioning ourselves as a reliable and inclusive financial companion for Africans.”
Banking
Access Bank CEO Roosevelt Ogbonna Exits Access Holdings Board

By Adedapo Adesanya
Access Holdings Plc has announced that Mr Roosevelt Ogbonna, a Non-Executive Director, has stepped down from the board after three and a half years of service.
The announcement was made in a disclosure filed on the Nigerian Exchange (NGX) Limited and signed by the Company Secretary, Mr Sunday Ekwochi.
In the statement, the financial institution explained that although Mr Ogbonna is retiring from its board, he will continue to serve as the chief executive of Access Bank Plc, the banking subsidiary of the organisation.
His resignation is aimed at ensuring compliance with the Corporate Governance Guidelines of the Central Bank of Nigeria (CBN) for Financial Holding Companies (2023), which stipulate that no more than nine directors can sit on the board of a financial holding company.
The board expressed its gratitude for his “outstanding and continued contributions to the Access Group.”
Mr Ogbonna was appointed to lead Access Bank in May 2022, after serving as Deputy Managing Director from 2017 and Executive Director from 2013. He joined Access Bank in 2002 from Guaranty Trust Bank (GTBank) and has built up more than two decades of experience in the banking industry.
Beyond his role as CEO, Mr Ogbonna serves on the boards of Access Bank’s subsidiaries in the UK and South Africa and represents the Bank on the boards of Africa Finance Corporation and CSCS Plc.
His background combines both professional and academic achievements. He is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA), an Honorary Member of the Chartered Institute of Bankers (HCIB), and a CFA charter holder.
As of August 2025, the Board of Access Holdings Plc consists of Mr Aigboje Aig-Imoukhuede (Chairman), Mr Bolaji Olaitan Agbede (Acting Group CEO), and Mr Lanre Bamisebi (Executive Director).
The independent non-executive directors are Mr Abubakar Aribidesi Jimoh, Mrs Fatimah Bintah Bello-Ismail, and Mrs Ibironke Adeyemi.
Other members include non-executive directors Mrs Ojinika Nkechinyelu Olaghere and Mr Olusegun Babalola Ogbonnewo.
Banking
Fidelity Bank Limits International Transactions on Naira Card to $1,000 Per Quarter

By Aduragbemi Omiyale
Customers of Fidelity Bank Plc can now “spend up to $1,000 quarterly for international POS and online transactions,” the lender’s Divisional Head of eBanking, Ms Ifeoma Onibuje.
She was quoted as revealing this in a statement issued to announce the bank’s resumption of international transactions on its Naira debit cards.
Due to foreign exchange (FX) liquidity squeeze in the country, the Central Bank of Nigeria (CBN) earlier stopped financial institutions from allowing their local debit cards to be used by customers for offshore spending.
This restriction was removed this year after over two years of suspension, giving customers the freedom to make seamless payments abroad, online, and at ATMs outside the country.
“We are delighted to inform the public that Fidelity Naira Cards are now enabled for global use. This means that our travelling customers can now utilize their Naira Debit cards outside the country to shop, spend and withdraw internationally without hassles.”
“Consequently, our customers can now spend up to $1,000 quarterly for international POS and online transactions; and withdraw up to $500 quarterly on international ATMs,” Ms Onibuje stated.
The announcement offers Fidelity Bank customers another way to complete international transactions, in addition to the Bank’s existing foreign currency debit and credit cards. This further reinforces Fidelity Bank’s commitment to delivering solutions that fit seamlessly into customers’ lifestyles. With Fidelity Bank’s VISA and Mastercard Naira Debit Cards, Nigerians can now enjoy effortless global access.
Beyond payments, Fidelity VISA cardholders, one of the variants of the bank’s card offerings, also enjoy premium travel and lifestyle benefits ranging from airport lounge and spa access via the Visa Airport Companion App, to fast-track immigration lanes and 20% discounts on SIXT car rentals worldwide.
This move reflects the bank’s commitment to provide secure, convenient, and reliable banking services that empower customers in Nigeria and beyond. The bank has deliberately made the process of getting a Fideity Naira card seamless. Customers can easily apply for their Fidelity VISA or Mastercard Naira Debit card via the Fidelity Mobile App or simply visit the nearest Fidelity bank branch to request for one and they can start transacting globally with ease.
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