Criminal cartel recently hijacked a local commercial bank’s data and demanded for a ransom payment in bitcoins, according to the Tribune. This reportedly prompted the Central...
PiggyVest, fintech company, has announced its split from Providus Bank to Wema Bank after Providus Bank pulled back from running virtual account services. Providus’ move comes...
Rating agency, AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of AXA Mansard Insurance Plc....
The Nigeria insurance industry has continued to sustain commitment and transparency in claims and commission payment despite economic pressure occasioned by COVID-19. According to the Nigerian...
The Nigerian Stock Exchange, NSE, admitted Briclinks Africa Plc to its Growth Board in a listing by introduction of 10 million (10,000,000) ordinary shares of ₦1.00...
The Central Bank of Nigeria, CBN, has directed Deposit Money Banks (DMBs), Other Financial Institutions (OFIs) and Non-Bank Financial Institutions (NBFIs) local financial institutions against having...
Path Solutions has announced that International Development Bank (“IDB”) in Iraq – one of the fastest growing banks in the region, has successfully gone live with...
Restorium Capital Limited has introduced three products and services expected to bridge funding gaps in the financial market, make businesses more competitive and ensure job creation...
The Securities and Exchange Commission, SEC, has directed that all units/securities of a collective investment scheme shall be registered by the commission. The new directive is...
Ratings agency S&P Global has affirmed its “AAA/A-1+” foreign currency issuer credit rating of the African Development Bank with a stable outlook. The ratings agency said...