…Rewarding customers with N90,000,000 in cash prizes Wema Bank PLC, the leading financial institution in Nigeria and the pioneer of Africa’s first fully digital bank, ALAT, recently announced the launch of the highly anticipated 3rd season of the Wema Bank…
Zenith Bank Plc has retained its ranking as the Number One Bank in Nigeria by Tier-1 Capital in the 2023 Top 1,000 World Banks’ Rankings, published by The Banker Magazine. For the fourteenth year in a row, the Bank has…
Sterling Bank has won three awards on human capital management practices by the International Finance Corporation (IFC), and the Nigerian Exchange (NGX) at the Gender Leader Awards 2023. The bank received commendations in the Company Leadership Gender Diversity, Gender Diversity…
By Sodiq Adelakun The Association of Mobile Money and Bank Agents in Nigeria, Lagos Chapter, has announced a new price tag for Point of Sales (PoS) transactions – a fresh move to eradicate price discrepancies in the industry. This was…
FirstBank Nigeria Ltd. has launched a humanoid robot, an industry first, at its Adetokunbo Ademola VI, Lagos Digital Experience Centre (DXC) Branch, to engage customers. Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications, FirstBank, said in a statement on Thursday…
The Nigerian Export-Import Bank (NEXIM) has announced a strategic partnership with leading financial institution, Fidelity Bank Plc and Sapphital Learning Ltd. The partnership is part of efforts to boost Nigeria’s foreign exchange earnings. The partnership will help improve the skills…
One of the national microfinance banks, Accion Microfinance Bank, has appointed Mrs Adenike Laoye as its new board Chair. Established in 2006, Accion MfB Limited began operations in May 2007 after obtaining the Central Bank of Nigeria’s licence, and had…
The naira has appreciated by 0.68 per cent against the United States dollar on the Investor & Exporter forex window. The local currency closed at N763/$ on Tuesday, compared to N768.17/$ at the close of trading on Monday. There was…
Sodiq Adelakun Nigeria’s digital and financial infrastructure is inadequate to support a swift transition to a cashless economy, the World Bank has pointed out. The bank stated that this was one of the reasons the Central Bank of Nigeria’s naira…
The exchange rate between the naira and dollar on the official Investor & Exporter Window closed at N763/$1 ahead of the Sallah Break. According to data from the FMDQ Securities Exchange, the naira opened at N760.5 per dollar at the…
