Central Bank of Nigeria (CBN) spent the sum of N58.618 billion to print 2.518 billion Naira notes, valued at 1. 063 trillion in 2020, according a...
Banks in Nigeria said they will stop accepting the old-style of £20 and £50 Banknotes from January 2022. This followed the decision of the Bank of...
Globally, as well as in Africa, the payments industry suffered a much-smaller-than-anticipated impact from the COVID-19 crisis and has returned to growth with renewed momentum, according...
The African Development Bank (AfDB) has blacklisted at least 40 Nigerian firms and individuals for engaging in corrupt practices, fraud and collusive practices between 2017 and...
International Monetary Fund (IMF) has said Nigerian banks closed 234 branches and 649 automated teller machines (ATMs) in 2020 amid the COVID-19 outbreak. The Bretton Woods...
Heritage Bank Plc has launched a robust innovative and advanced digital banking experience, dubbed “Octiplus”. Octiplus as a bank-agnostic, all-in-one digital banking application, which grants users...
Access Bank, through the W Initiative is committed to Inspiring, Connecting, and Empowering women. In 2019, the LSETF W Initiative Loan – a matching fund-financing option...
Kennedy Uzoka, group managing director/chief executive officer of United Bank for Africa (UBA) Plc, has been announced as the winner of the Finovator of the Year’...
Deposit Money Banks are recovering debts owed by chronic debtors from their accounts in other banks to curb the growth of non-performing loans in the industry,...
The Chartered Institute of Bankers of Nigeria (CIBN) has urged Nigerians to embrace import substitution models that ultimately promote home grown products and services, economic growth,...