**Banks May Lose Business to Fintech In recent times, there have been concerns raised about the status of midsized banks operating in Nigeria. Last month, Fitch...
By Dipo Olowookere Friday, March 23, 2018 has been fixed by the board of directors of FBN Holdings Plc for the consideration of the group’s financial...
By Dipo Olowookere As part of its mission to spread its tentacles to the commercial hubs in the eastern part of Nigeria, Wema Bank, the pioneer...
By Dipo Olowookere The number of employees of banks operating in Nigeria involved in malpractices in the financial sector increased in 2017 to 320 from 231...
By Modupe Gbadeyanka One of the five biggest banks in Nigeria, Zenith Bank Plc, has released its financial statements for the year ended December 31, 2017....
By Modupe Gbadeyanka Nigeria’s fastest growing retail bank, Diamond Bank Plc, has launched an Artificial Intelligence (AI) Chatbot called Ada. The lender is leveraging pioneering technology...
By Modupe Gbadeyanka At least nine banks operating in the country are battling with the risk of N300 billion decline in their interest income in the...
By Modupe Gbadeyanka A Central Bank of Nigeria (CBN) stress test has shown that only large banks will stay above the regulator’s capital adequacy ratio threshold...
By Modupe Gbadeyanka A Federal High Court sitting in Owerri, Imo State, has been urged by the Central Bank of Nigeria (CBN) not to make absolute...
By Dipo Olowookere Tier-two lender, Heritage Bank Plc, has taken a bold step to revolutionise the banking sector with the introduction of an advanced intelligent digital...