News
Nigeria: CBN to Penalise Banks for Composed Banknotes Deposits
The Central Bank of Nigeria (CBN), has warned Deposit Money Banks (DMBs) to stop bringing “composed banknotes” as part of their deposits with ...
News
Nigeria: AXA Mansard delivers N3.7 billion profit in 2021
Nigerian insurance provider, AXA Mansard Insurance Plc has delivered a N3.7 billion profit for the year 2021, a 17% decline from N4.5 billion ...
News
Nigeria: Fidelity Bank Plc increases its dividend payout by 59% in 2020
Nigerian lender, Fidelity Bank Plc has announced a dividend payment of N0.35 kobo per 50 kobo ordinary share for the financial year ended ...
News
Nine in 10 People in Nigeria Report Increased Use of Digital Payments in the Past Year
According to the Kaspersky Digital Payment survey, 92% of respondents from Nigeria reported an increase in their use of e-wallet and mobile banking in 2021. ...
News
Meet Roosevelt Michael Ogbonna New MD/CEO Access Bank Plc
Access Holdings Plc., on March 28 2022 announced the changes and appointments to the board of its banking subsidiary, Access Bank Plc. The ...
News
Nigeria: We’ve paid N119bn to depositors, creditors of closed banks – NDIC
The Nigeria Deposit Insurance Corporation, on Friday, said it had paid a total of N119.101 billion as insured sums to 535,815 depositors, creditors, ...
News
Nigeria: Nigeria has over 70 online lending apps – FCCPC
THE Federal Government has said there are about 70 to 90 online lending applications currently operated by various firms in Nigeria. The Executive ...
News
Tribunal Stops MultiChoice From Increasing DStv, GOTV Subscription Rates
A Competition and Consumer Protection (CCP) Tribunal sitting in Abuja has restrained Multi-Choice Nigeria Limited from increasing its tariffs and cost of products ...
News
UK firm, FSD Africa says Nigeria’s insurance regulatory landscape needs a revamp
The FSD Africa, a non-profit company funded by the UK’s Department for International Development has launched the Risk, Resilient and Regulatory Lab (R3lab) ...
Innovation
Nigeria: Credrails Partners with Access Bank to foster the future of finance in Africa
Access Bank, a leading African bank with the most extensive customer base has partnered with Credrails, a rapidly growing financial infrastructure startup, to ...