News
Nigerian Fintech Report: 29% Embrace Generative AI
The inaugural edition of the Nigeria Fintech Marketing Outlook unveils a significant trend: 29% of surveyed financial technology firms in Nigeria have embraced ...
News
Nigeria: Zenith Bank Nigeria Appoints Adaora Umeoji as First Female CEO
The Board of Directors of Zenith Bank Plc has officially announced the appointment of Dr. Adaora Umeoji as the Group Managing Director/Chief Executive ...
Nigeria
Nigeria: CBN Successfully Clears Valid FX Transactions, Resolving Legacy Backlog
The Central Bank of Nigeria (CBN) has achieved a significant milestone by settling all valid foreign exchange backlogs, effectively eliminating a legacy backlog ...
News
Nigeria: Access Holdings Set to Acquire National Bank of Kenya Limited
In a significant move, Access Holdings has unveiled plans to acquire the National Bank of Kenya, marking its first major deal following the ...
Nigeria
Nigeria: CBN Grants Mamamoni Super Agent Approval to Boost Financial Inclusion
The Central Bank of Nigeria (CBN) has granted Mamamoni, a Nigerian fintech company, approval to operate as a Super Agent under the Payment ...
Nigeria
Nigeria: OurPass Set to Expand Banking Services with Acquisition of MFB License
OurPass, the e-commerce platform renowned for its one-click checkout feature and recent foray into business banking, is set to broaden its financial services ...
News
Nigeria: Treasury Bill Yields Retreat Following CBN Rate Adjustment
The average yield on Nigerian Treasury bills experienced a 21 basis points decline on Monday as investors actively participated in buying activities within ...
Nigeria
Nigerian Authorities Probe Alleged Sale of Citizens’ Digital ID Data
Nigeria’s National Identity Management Commission (NIMC) is taking action following revelations of the illicit sale of Nigerian citizens’ personal data by a private ...
News
Nigeria: Treasury Bill Yields Retreat Following CBN Rate Adjustment
The average yield on Nigerian Treasury bills experienced a 21 basis points decline on Monday as investors actively participated in buying activities within ...
Nigeria
Nigeria: Report Reveals Only Seven Banks May Meet CBN Recapitalization Requirements
A recent report from Ernst and Young suggests that if the Central Bank of Nigeria (CBN) increases the capital requirement for banks from ...
