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…
CBN honours OPay for financial inclusion innovation
Nigeria leading financial institution OPay has been recognised with the prestigious International Financial Inclusion Conference (IFIC) Award for Financial Inclusion Innovation by the Central Bank of Nigeria (CBN). The award was presented at the 2024 IFIC, a flagship event that…
Why we will pick our rights, buy more, by UBA’s shareholders
Shareholders across Nigeria’s leading shareholders’ associations have embarked on massive mobilisations for the ongoing N239.4 billion rights issue by United Bank for Africa (UBA) Plc. A survey of shareholders and receiving agents showed that the N239.4 billion rights issue got…
UBA America celebrates 40th anniversary
United Bank for Africa Plc is celebrating 40 years of its American branch in fostering economic and cultural ties between Africa and the United States. According to the lender, established as a representative office in New York in 1982, UBA…
FG partners World Bank on power sector reforms
The Federal Government and the World Bank have expressed their commitment to providing electricity access to 300 million people across Africa by 2030. This was as they promised to implement critical reforms to boost productivity in the Nigerian power sector….
CBN sacks NIRSAL Executive Directors
The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL). The decision, approved by CBN Governor Olayemi Cardoso on Friday, marks the latest in a…