Fidelity Bank Shares Fall Massively As AMCON Offloads Over 1 Billion Units
Fidelity Bank’s failure to proactively communicate about the transaction smacks of opacity, raising concerns about governance, transparency, and potential financial liabilities lurking beneath the surface Fidelity Bank Shares has fallen massively as AMCON quietly offloaded over 1 billion units on…
UBA Unveils Upgraded PoS Terminal, Revamped MONI App to Accelerate Digital Payments, Empower Businesses Across Africa
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled its vastly improved Point of Sale (POS) Terminal as well as the UBA MONI App to redefine the digital payment landscape and empowering small and Medium Scale Enterprises across…
Sterling Bank stops transfer fees on online transactions 2nd April 2025
Sterling Bank has announced the removal of transfer fees on all local online transactions, becoming the first major Nigerian bank to eliminate the contentious charges for digital banking. The move was confirmed by the bank on Tuesday in a press…
Heritage Bank liquidation: NDIC to commence dividend payments April
The Nigeria Deposit Insurance Corporation (NDIC) says it will declare the first tranche of liquidation dividends from Heritage Bank’s asset realisation in April. According to NDIC, it will thereafter begin payment to uninsured depositors of the bank. A statement issued…
Asian Banker Awards: FirstBank Maintains Dominance In SME Banking Across Nigeria, Africa
Some of the Bank’s Tailored Financial Solutions include customised loans and flexible credit facilities to cater to SMEs at various growth stages. Through a legacy of excellence and Innovation, First Bank of Nigeria Limited, the country’s oldest and most distinguished…
OnePipe Launches PaywithAccount To Ease Cash Flow Struggles for Nigerian Small Businesses
OnePipe Launches PaywithAccount To Ease Cash Flow Struggles for Nigerian Small BusinessesWith PaywithAccount, small businesses across Nigeria can now eliminate the stress of late payments, automate their collections, and take full control of their financial future. OnePipe Launches PaywithAccount To…
Cardoso urges greater backward integration in telecom sector
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has renewed calls for deeper backward integration in the telecommunications sector, emphasising the need to localise key supply chains while expanding financial services to benefit ordinary Nigerians. Speaking…
First Bank announces name change
First Bank of Nigeria Holdings PLC has changed its name to to First HoldCo Plc and FirstHoldCo, respectively. The decision, approved at the company’s 12th Annual General Meeting in November 2024, was officially announced on February 11, 2025. The company…
First Bank lays off 100 senior staff in major restructuring move
First Bank of Nigeria (FBN) has laid off about 100 senior staff members in a major organisational shakeup. According to a report by Nairametrics on Monday, sources familiar with the matter said the bank’s top executives were asked to leave…
Access Bank Set to Enter Moroccan Market Amid African Expansion
Telegram Doha – Nigeria’s largest bank by assets, Access Bank, has announced plans to establish operations in Morocco as part of its continental expansion strategy. The move comes after the bank successfully raised $228 million through a rights issue of…