Access Holdings, the parent company of Nigeria’s largest bank, Access Bank, has said that it will be going fully digital for its N365bn rights issue.
In a notice filed with the Nigerian Exchange Limited, the holding company said it was seeking to raise N365bn...
The Director of Banking Services, Central Bank of Nigeria (CBN), Hamisu Abdullahi, highlighted the merit-based selection of Remita to provide an electronic platform essential for facilitating payments from Ministries, Departments, and Agencies (MDAs) to beneficiary accounts across commercial banks.
He said this when officials...
Two new millionaires have emerged in the ongoing First City Monument Bank Millionaire Promo Season 9.
The two winners of the N1, 000,000 grand prize who emerged during the fourth electronic draw were an officer of the Nigerian Police Force in Lagos, Inspector Afolayan...
Users of the PalmPay app can now enjoy unlimited free transfers to all banks in the country and also customize their savings plan to suit their preferred savings amount, duration and frequency
In its continued drive for financial inclusion across Nigerian communities, Africa-focused fintech...
Zenith Bank Plc has announced its audited results for the year ended December 31, 2023, achieving a remarkable triple-digit growth of 125% in gross earnings from NGN945.6 billion reported in 2022 to NGN2.132 trillion in 2023. According to the audited financial results for the 2023 financial year...
* Finance Minster is Special Guest of Honour
Afrinvest West Africa Limited will be unveiling the 2023 Nigerian Banking Sector Report in Lagos on Tuesday, November 14, 2023.
The report, with the theme, ‘Getting Nigeria to Work Again!’ will be unveiled by...
The Chemical and Allied Products Plc saw its finance costs ballooned by 362.97 per cent to N 155.35m in 2023 from N33.55m, driven by interest on borrowings, which rose by 377.27 per cent.
Interest on borrowings went up N153.92m from N32.25m in 2022.
Shareholders of Zenith Bank Plc unanimously approved the restructuring of the Bank to a holding company during a court-ordered Extraordinary General Meeting (EGM) held virtually from Zenith Heights, Zenith Bank Plc, Victoria Island, Lagos, on Friday, April 26, 2024.
In accordance with the Scheme of...
In celebration of Eid al-Fitr, PalmPay, Nigeria’s leading fintech platform, will be giving out 105 smartphones comprising of iPhone 15 Pro and Infinix Note 40 to its users.
The smartphone bonanza is running from April 10 until April 30, 2024. Each day, five lucky...
The Nigeria Inter-Bank Settlement System has said that financial institutions lost about N17.67bn to fraud in 2023.
This was disclosed in its Annual Fraud Landscape (January to December 2023) which was published on its website on Monday.
NIBSS incorporated in 1993...
