June 02
Nigeria: Supreme Court Upholds Providus, Unity Banks' Merger
Beyond dismissing the appeal, the Supreme Court invoked Section 22 of the Supreme Court Act to directly sanction the merger, effectively clearing the way for the transaction to… Read more »
May 25
Nigeria: Fidelity Bank PLC Appoints New Non-Executive Director
Fidelity Bank said Mr Ososuakpor brings impressive cross-functional experience to the Board. Read more »
Nigeria: Fidelity Bank's First Quarter Revenue Up By 38 Percent
Revenue came to N434.9 billion, up from N315.4 billion a year ago as the lender posted a fair rise in interest earned from loans, treasury bills and other investment securities. Read more »
May 20
Nigeria: Wike Launches Health Insurance Scheme for FCT Inmates, 1,500 to Benefit
The FCT Minister, Nyesom Wike, approved the insurance scheme, saying that incarceration should not prevent citizens from accessing quality healthcare and other basic rights. Read more »
Nigeria: Nigeria's Gross External Reserve Drops Slightly to $49.49 Billion - CBN
Though there is a slight drop from what was recorded in February, the CBN said at the press briefing that Nigeria's external reserves remained robust. Read more »
Nigeria: How Economic Reforms Muted Middle East Pressures, Energy Price Surge in Nigeria - CBN
He said inflation rose marginally for two consecutive months, largely induced by external shocks, especially the ongoing war between the US/Israel and Iran, which has exerted… Read more »
May 15
Nigeria: Firstmobile - How to Install and Register for Firstbank's Mobile App
With mobile banking apps, you can manage your finances securely, instantly, and from anywhere Read more »
May 14
Nigeria: N8.7bn Fraud Trial - Bank Flagged Malami's Transactions As Suspicious - Witness
Mr Malami, his wife and son are facing 16 money laundering charges involving N8.7 billion suspected to be proceeds of crime. Read more »
May 06
Nigeria: The Optimus Ascent - Over 4,000 Percent Growth in Three Years of Purposeful Banking
Optimus Bank delivers strong FY 2025 results as profit before tax rises by 69.94% to ₦24.14bn Read more »
Nigeria: Zenith Bank Appoints Mustafa Bello As Chairman At Agm
Mr Bello is a distinguished engineer, statesman and corporate leader. His career spans more than four decades across the public and private sectors of the Nigerian economy. Read more »
May 05
Nigeria: Zenith Bank Appoints Mustafa Bello As Jim Ovia Retires As Group Chairman
According to Zenith Bank, Mr Bello has extensive leadership experience at the board and executive levels, with a strong understanding of corporate governance principles and… Read more »
April 30
Nigeria: UBA Pushes Deeper Bank-Fintech Collaboration At Pan African Conference
The conference convened more than 20 leading fintechs and ecosystem stakeholders, including PalmPay, OPay, PayAza, Mastercard, Visa, Nigeria Inter-Bank Settlement System, and… Read more »
April 29
Nigeria: Senate Confirms New CBN Deputy Governor
President Tinubu appointed Mr Yuguda as deputy governor in March and transmitted his nomination to the Senate last Wednesday for confirmation, in accordance with constitutional… Read more »
April 28
Nigeria: Witness Shares More Details On $6.23m Cash Withdrawal During Emefiele's Time At CBN
The $6.23 million allegation is part of the charges over which which the EFCC is prosecuting Mr Emefiele. Read more »
April 27
Nigeria: Another Witness Testifies On $6.23m Withdrawal From CBN for Phoney 2023 Election Monitoring Exercise
The EFCC interviewed those linked to the withdrawal of the funds, the witness said, adding that documents authenticating the release of the funds were recovered from the CBN. Read more »
April 22
Nigeria: CBN Alerts Public to Fraudulent Messages, Cybersecurity Hack Attempts
The Bank further urged Nigerians to only rely on information on its official website and recognized media outlets, and to also refrain from clicking suspicious links from… Read more »
April 08
Nigeria: Nigerian Economy Recovers, but Poverty Remains a Threat - World Bank Report
According to the report, wage growth has lagged behind inflation, leaving real incomes under pressure and poverty levels largely unchanged. Read more »
April 07
Nigeria: UBA's Chioma Mang, Michelle Nwoga Shine At 2026 Guardian Women Festival
The two UBA leaders received the coveted Special Recognition Awards in honour of their transformative leadership and contributions to banking, customer experience and corporate… Read more »
April 06
Nigeria: What Cardoso's Legacy At CBN Would Look Like
May Cardoso succeed with his mission and build an enduring legacy. Read more »
Nigeria: NDPC Investigates Remita, Sterling Bank for Alleged Data Breach
The NDPC confirmed that the relevant parties and individuals have been providing information for the purpose of addressing the incident. Read more »
April 01
Nigeria: UBA Strengthens Mobile App Security to Stop Fraudulent Debits, Withdrawals
UBA announced this in a memo forwarded to its customers via email on Tuesday. Read more »
Nigeria: Nigerians Gain Over ₦2 Bn As Sterling Bank Marks One Year of Zero Transfer Fees
Launched on 1 April 2025, the policy eliminated transfer charges on Sterling's digital platform, OneBank, making it the first major Nigerian bank to waive revenue from customer… Read more »
Nigeria: Court Freezes N448m Assets in Keystone Bank Debt Recovery Suit
The order stemmed from suit involving a N500 million overdraft facility granted by Keystone to Relic Resources Limited on 28 March 2023, with a tenure of 365 days and an interest… Read more »
March 26
Nigeria: CBN Reaffirms Oversight, Assures Stability of Union Bank After Court Ruling
"As the apex regulatory authority, the CBN remains committed to acting in accordance with its mandate and established legal processes," the statement read. Read more »
March 25
Nigeria: CBN Governor Cardoso Woos Foreign Investors, Says Nigeria's Bad Systemic Past Dead and Buried
For Mr Cardoso, the message to investors was unequivocal: Nigeria is open for business under a new economic order. "Investment worries are now something of the past," he says. Read more »