Banking

Retail Banks Well-Positioned for Success in Mobile Wallets—Report

April 26, 2024

Earlier this week in Nairobi, Kenya Interswitch Group, one of Africa’s most influential payment players formally unveiled their 2024 Global Payments Innovation Jury Report,

Banking

Court Blocks First Bank’s Extraordinary General Meeting Again

April 24, 2024

Adedapo Adesanya

By Adedapo Adesanya Plans by First Bank of Nigeria to hold an extraordinary general meeting (EGM) to vote on a decision to raise N300

Banking

First Bank Appoints Olusegun Alebiosu as Acting MD

April 22, 2024

Adedapo Adesanya

By Adedapo Adesanya First Bank of Nigeria has appointed Mr Olusegun Alebiosu as its acting managing director, following the exit of Mr Adesola Adeduntan

Banking

Promo: 70 Stanbic IBTC Bank Customers Get N7m in March Draw

April 22, 2024

Modupe Gbadeyanka

By Modupe Gbadeyanka Seventy new Stanbic IBTC Bank customers have received not less than N7 million in the Reward4Saving 3.0 March draw. The beneficiaries

Banking

Adesola Adeduntan Resigns as First Bank MD

April 20, 2024

Aduragbemi Omiyale

By Aduragbemi Omiyale Mr Adesola Adeduntan has resigned as the Managing Director of First Bank Nigeria Limited, the flagship banking arm of FBN Holdings

Banking

Tension as NUBIFIE Shuts Down Heritage Bank Headquarters

April 18, 2024

Modupe Gbadeyanka

By Modupe Gbadeyanka Business activities at the headquarters of Heritage Bank on Victoria Island, Lagos, have been disrupted by officials of the National Union

Banking

Wema Bank Axes Seven Fintech Partners After N685m Loss to Fraud

April 18, 2024

Adedapo Adesanya

By Adedapo Adesanya Wema Bank Plc said it has removed and suspended about seven fintech partners from its payment gateway platform over fraudulent activities.

Banking

CBN Slashes LDR for Banks to 50% from 65%

April 17, 2024

Adedapo Adesanya

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has announced a downward review of the loan-to-deposit ratio (LDR) for banks to 50 per

Banking

Comviva Unveils Low-Code/No-Code Platform for Digital Payments

April 16, 2024

Business Post Contributor

Comviva, the global leader in customer experience and data monetization solutions, today announced the launch of its transformative Low-Code/No-Code Platform. Comviva’s Low-Code/No-Code composable platform

Banking

Investors Sell-Off Wema Bank Shares Amid Recent Reports, Others

April 16, 2024

Dipo Olowookere

By Dipo Olowookere The barrage of negative reports on Wema Bank Plc in some sections of the media may have taken a toll on

Banking

5,000 Women Benefit from Unity Bank Yanga Savings Account Offering

April 15, 2024

Modupe Gbadeyanka

By Modupe Gbadeyanka No fewer than 5,000 women have benefited from Unity Bank Plc’s Yanga savings account offering, a product tailored to support female

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