Fidelity Bank Plc, one of Nigeria’s leading financial institution has announced its selection as one of the partner banks for the Nigeria Youth Economics Engagement and...
Nigeria Inter-Bank Settlement System (NIBSS) has said the number of active bank accounts in Nigeria rose to 311.6 million in December 2024. This data shows that...
LemFi, a remittance startup, has acquired Bureau Buttercrane, the Irish currency exchange platform. In a statement on Wednesday, LemFi announced that it had obtained regulatory approval...
The insurance sector in the third quarter 2024, posted Gross Premium written of N1.173 trillion against N1.003 trillion gross premium it posted in 2023. Similarly, the...
Central Bank of Nigeria (CBN), has directed the Nigeria Inter-Bank Settlement System (NIBSS) to debit the settlement accounts of commercial banks that receive fraud proceeds. This...
The Nigerian Economic Summit Group (NESG) has announced the appointment of three leaders, Mr Wole Adeniyi, Mr Mohamad Darwish, and Mr Olusegun Alebiosu, to its board...
UBA Foundation, the Corporate Social Responsibility arm of the United Bank for Africa (UBA) Plc, has been named “Philanthropy of the Year” at the prestigious THISDAY...
Central Bank of Nigeria (CBN) has waived the 2025 licence renewal fee for all bureaux de change (BDC) operators. Jonah Onojah, director of the financial policy...
PalmPay, a Mobile Money Operator and digital payment platform has reaffirmed its role as a mobile payment provider, correcting the insinuation that it is a loan...
Moneipoint has denied reports that Moniepoint MFB, its microfinance bank, was hacked and some N1.1 billion allegedly stolen. Moniepoint, in a blog post said that the...