Wema Bank Launches Anti-Fraud Campaign to Protect Customers

Wema bank Plc has announced that it has launched an anti-fraud campaign to protect its customers and other Nigerians against fraudulent activities perpetrated by...

Recapitalisation: UBA Unveils Strategies to Comply with Regulatory Changes, Considers Rights Issue

The United Bank for Africa (UBA) Plc has outlined its strategies aimed at navigating the dynamic and ever-evolving banking landscape and consolidating growth prospects...

CBN Bans Use of Foreign Currency-denominated Collaterals for Naira Loans

•Orders termination of existing facilities within 90 days  •Approves fresh allocation of FX to BDCs at N1,101/$1, sale to customers not to exceed 1.5% above...

For the 4th consecutive time in 5 years, Zenith Bank Bmk emerges Nigeria’s best...

Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Best Banks Awards 2024, winning the award for the...

REMITA Was Selected Based on Merit – CBN

AMADI CHIGOZIE The Director of Banking Services, Central Bank of Nigeria (CBN), Hamisu Abdullahi, highlighted the merit-based selection of Remita to provide an electronic platform...

NOVA Merchant Bank Attracted $65.12m Foreign Direct Investment in 2023

NOVA Merchant Bank has announced that it has achieved a remarkable 76.1 per cent increase in Foreign Direct Investment (FDI) for the year 2023. Surpassing market expectations, the achievement...

MoneyMaster records rise in customer base, promises more innovations

MoneyMaster Payment Service Bank (MMPSB), a CBN-licensed payment service bank, has been steadily increasing its clientele base across the country. Globacom, total telecommunications solutions...

Fidelity Bank extends GMD’s tenure to 2026

Fidelity Bank Plc says its Board of Directors has extended the tenure of the Chief Executive Officer (CEO), of the bank, Dr Nneka Onyeali-Ikpe,...

FirstBank sets aside N36m for customers in FirstMobile Cash Out second season promo

FirstBank has launched the second season of its Cash Out promo designed to reward users of FirstMobile, its industry-leading mobile banking solution. The FirstBank Cash...

Naira volatility: CBN permits banks to fix forex rates

Following persistent fluctuations of the naira exchange rate, the Central Bank of Nigeria (CBN) has permitted banks to sell foreign exchange at rates determined...
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