Mr. Gimba Ya’u Kumo, managing director of the Federal Mortgage Bank of Nigeria (FMBN), has requested for recapitalization of the bank to the tune of N250...
Path Solutions, the global application software and services firm for the Islamic financial services industry, announced that Arab Gambian Islamic Bank (“AGIB”), the only Islamic bank...
Nigeria plans to raise N90 billion ($475 mln) in sovereign bonds with maturities ranging between five and 20 years at its next regular auction on Feb....
Tayo Oviosu, founder and CEO of Paga, Nigeria’s fastest growing payments service, has said that the absence of secured and simple means of payment over the...
First Bank of Nigeria Limited, a subsidiary of FBN Holdings PLC and Nigeria’s most valuable bank brand hasunveiled FBNBank DR Congo, formerly registered as Banque Internationale...
Nigerian Pension Commission (PENCOM) has disclosed it is currently working with the mortgage refinancing companies to ensure that PENCOM assets are redeployed in the capital market....
Analyst at Gartner have revealed that following some high-profile data breaches in 2014, U.S. payment card network participants began heavily endorsing Europay, MasterCard and Visa (EMV)...
The Payments System Vision 2020 (PSV2020) initiative of the Central Bank of Nigeria (CBN) has been described as a catalyst in the revolutionised payment system landscape...
The Central Bank of Nigeria (CBN) has reiterated the importance of keeping all funds in a single treasury account, saying it would eliminate corruption and leakages...
Indications may have emerged that Heritage Bank would soon unveil the grand plan to integrate its operations with that of Enterprise Bank, a move that has...