DEPOSITORS’ REIMBURSEMENT TO RECEIVE MAJOR BOOST AS NDIC, NIBSS SET TO SIGN MOU
Oru Leonard The Nigeria Deposit Insurance Corporation (NDIC), and the Nigeria Inter-Bank Settlement System (NIBSS), Plc. are set to sign
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BANKING
BNY Mellon and Standard Bank Launch Global Depositary Notes to Boost Access to Nigerian Debt Market
Oru Leonard Bank of New York Mellon Corp. (BNY Mellon) and Standard Bank Group Ltd. have partnered to introduce Global
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Telcos Implement New USSD Billing System in Nigeria
Oru Leonard Telecommunications operators in Nigeria have started implementing a new billing system for Unstructured Supplementary Service Data (USSD) services,
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CBN Affirms Banking Sector Strength, Introduces Transitional Guidance
Oru Leonard The Central Bank of Nigeria (CBN), has reaffirmed the strength of the country’s banking sector while introducing
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CBN RE-CAPITALIZATION: What You Need to Know
Oru Leonard The Central Bank of Nigeria (CBN), has announced a significant recapitalization initiative for banks in Nigeria, aiming to
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Banks’ Deposits with CBN Soar 1,578% to N53.5 Trillion
Oru Leonard Banks’ deposits with the Central Bank of Nigeria (CBN) have risen sharply by 1,578% year-on-year (YoY) to N53.5
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Bankit MFB Revolutionizes Digital Banking in Nigeria with Innovative Features
Oru Leonard Lagos, Nigeria – A fast rising fintech powerhouses, Bankit Microfinance Bank (Bankit MFB), has launched a suite of
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CBN unveils BVN platform for diaspora Nigerians, to expand financial access
State Correspondent THE Central Bank of Nigeria, CBN in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS) on Tuesday officially
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Fidelity Bank grows PBT by 167.8% to N105.8 billion in Q1 2025
Oru Leonard Lagos, Nigeria – May 1, 2025 – Fidelity Bank Plc, one of Nigeria’s leading Tier-1 financial institutions, has
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Cascador and Sterling Bank Launch $2M Fund to Redefine SME Lending in Nigeria
Oru Leonard Lagos, Nigeria: Cascador, Nigeria’s premier accelerator for mid-stage entrepreneurs, has announced a landmark partnership with Sterling Bank to
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