Category: Banking

Fidelity Bank to buy Union Bank UK

Fidelity Bank Plc has revealed its plans to acquire a 100 per cent equity stake...

Primera MFB boosts SMEs with N5bn

Small and Medium Scale Enterprises have enjoyed N5 billion in financing from Primera Microfinance Bank...

Trapped forex: CBN releases $265m to airlines

In a move to curtail the crisis parading the aviation sector, the Central Bank of...

eNaira hits $9m transactions, 840k downloads

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

FBN Holdings appoints new executive directors

First Bank of Nigeria Holdings Plc has announced the appointment of two new executive directors....

First Bank headquaters in Abuja shut over debt

The headquarters of First Bank located in the Central Business District, Abuja, had been sealed...

MasterCard, JPMorgan, others partner to boost payment choices

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

Dangote Industries ends N187.58bn bond issue

Dangote Industries Funding Plc has announced the completion of a N187.58bn Series 1 (Tranche A...

10 bank directors share N6.9bn allowance

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

Kenyan court freezes Flutterwave accounts over money laundering

A High court in Kenya has frozen bank accounts linked to a Nigerian fintech company,...

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

The World Bank has revealed how Nigeria and other Sub-Saharan African countries can increase the...

Afreximbank creates payment solution to save traders $5bn

In order to facilitate instant cross-border payments in local African currencies, the African Export-Import Bank...