Category: Banking

Wikki Air signs MoU with Bauchi to begin flight operations

A new Nigerian airline, Wikki Air Limited, has entered into a Memorandum of Understanding with...

Alternative payment systems vital for rural communities – CBN

The Central Bank of Nigeria has described alternative payment systems as a vital lifeline for...

First Bank unveils fully automated digital Xperience centre

First Bank has strengthened its leadership in digital banking with the launch of a new...

CBN slams N5m fine on agent banking offences

The Central Bank of Nigeria has announced that any agent found engaging in non-permissible activities...

CBN orders banks to submit monthly reports on POS agents

The Central Bank of Nigeria has directed all financial institutions to submit detailed monthly reports...

CBN rate cut will shrink banks’ profits – Moody’s

Global ratings agency Moody’s Investors Service has warned that Nigeria’s banking sector may face renewed...

Sanusi urges banks to adopt mandatory quotas for women

Former Central Bank Governor and Khalifa of the Tijjaniya group in Nigeria, Sanusi Lamido Sanusi,...

Stanbic IBTC names Chukwuma Nwokocha as new group CEO

Stanbic IBTC Holdings Plc has announced the appointment of Mr. Chukwuma Nwokocha as its substantive...

Sterling Bank removes account maintenance fees

Sterling Bank has announced the removal of account maintenance fees on all personal accounts, calling...

Unity Bank confirms shareholders’ approval of Providus merger

Unity Bank Plc announced that its shareholders have approved a merger with Providus Bank Limited...

AMCON’s 34% stake not bought by Providus Bank – Unity Bank

Unity Bank Plc has announced that a current shareholder has acquired the 34 per cent...

Providus Bank becomes ninth-largest bank in Nigeria

Providus Bank Limited has entered Nigeria’s top tier of lenders, becoming the ninth-largest bank by...