All the news and updates from the banking sector; Access Bank, GTBank, First Bank, First City Monument Bank, United Bank of Africa etcs

Latest Banking News

eNaira hits $9m transactions, 840k downloads

The eNaira has recorded ₦4 billion ($9.3 million ) transactions and 840,000

Marcus Amudipe Marcus Amudipe

FBN Holdings appoints new executive directors

First Bank of Nigeria Holdings Plc has announced the appointment of two

Marcus Amudipe Marcus Amudipe

First Bank headquaters in Abuja shut over debt

The headquarters of First Bank located in the Central Business District, Abuja,

Sam Adeniyi Sam Adeniyi

MasterCard, JPMorgan, others partner to boost payment choices

MasterCard says it has welcomed a raft of new global partners to

Agency Report Agency Report

Dangote Industries ends N187.58bn bond issue

Dangote Industries Funding Plc has announced the completion of a N187.58bn Series

Agency Report Agency Report

10 bank directors share N6.9bn allowance

Ten bank directors have shared N6.96bn executive compensation, fees and sitting allowances.

Sam Adeniyi Sam Adeniyi

Kenyan court freezes Flutterwave accounts over money laundering

A High court in Kenya has frozen bank accounts linked to a

Enitan Daramola Enitan Daramola

How Nigeria, others can increase mobile money accounts – World Bank

The World Bank has revealed how Nigeria and other Sub-Saharan African countries

Agency Report Agency Report

Afreximbank creates payment solution to save traders $5bn

In order to facilitate instant cross-border payments in local African currencies, the

Agency Report Agency Report

eNaira may drop remitting cost to Nigeria —IMF

Washington-based lender, the International Monetary Fund, has disclosed that central bank digital

Agency Report Agency Report

Three ex-bankers connive to defraud bank N20bn

Three former workers of First Bank of Nigeria have been arraigned before

Sam Adeniyi Sam Adeniyi

Mobile transactions hit N4.86tn Q1 2022 – NIBSS

Nigerians’ use of mobile channels for payment transactions has risen by 3,454.46

Agency Report Agency Report