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Banking

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

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

CBN introduces USSD to boost eNaira

The Central Bank of Nigeria plans to introduce the Unstructured Supplementary code

Sam Adeniyi Sam Adeniyi

Unity bank projects N10.8bn gross earnings Q3 2022

Unity Bank Plc has announced that it aims to achieve N10.890 billion

Sam Adeniyi Sam Adeniyi

28 banks Join $500m pan-African settlement platform

One year after the African Continental Free Trade Agreement take-off, no fewer

Sam Adeniyi Sam Adeniyi

UBA redeems five-year $500m Eurobond

The United Bank for Africa has redeemed its debut $500 million five-year

Sam Adeniyi Sam Adeniyi

Ondo communities groan as robberies halt banking operations, frustrate economic activities

A resident of Idoani in the Ose Local Government of Ondo State,

Agency Report Agency Report
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