Moniepoint Microfinance Bank has unveiled a new all-in-one Point-of-Sale (POS) solution designed to help Micro, Small and Medium Enterprises (MSMEs) streamline their operations and grow their businesses. The fintech company …
Banking
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BankingDigital PaymentsEntrepreneurshipFintechSmall BusinessTechnology
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BankingBusinessDebt Management,EconomyFinanceGOVERNMENT
AMCON Says It Has Repaid N3.6tn to CBN, Plans Workforce Cut as Debt Recovery Intensifies
The Asset Management Corporation of Nigeria has revealed that it has repaid about N3.6tn to the Central Bank of Nigeria since it was created in 2010 to stabilise the financial …
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BankingCBNEconomyFinancial RegulationNewsNigeriaPolicies
CBN removes all cash-deposit limits, retains strict withdrawal ceilings
The Central Bank of Nigeria has announced major changes to the country’s cash-management rules, removing all limits on how much cash customers can deposit in banks while maintaining strict weekly …
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Arts & CultureBankingCommunity DevelopmentNewsNigeriaTravel & Tourism
FirstBank backs Oke-Odan Cultural Festival 2025 to promote heritage
FirstBank of Nigeria Ltd has reaffirmed its commitment to sustaining Nigeria’s cultural heritage through its sponsorship of the 2025 Oke-Odan Cultural Festival in Oke-Odan, a community in Yewa South Local …
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BankingBusinessEconomyFinanceInflationMonetary Policy
CBN Keeps Interest Rate at 27% as Inflation Slows and Exchange Rate Stabilises
The Central Bank of Nigeria has once again held the Monetary Policy Rate at 27 per cent, marking the fourth time this year that the rate has remained unchanged. The …
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BankingFinancial MarketsINVESTMENTSouth Africa Economy
Nedbank Finalises Major Revamp and Eyes Digital Growth with iKhokha Deal
by Radarr Adminby Radarr AdminNedbank says it has completed its major restructuring plan for the organisation, but the South African banking group warned that its performance for 2025 will likely remain weak. The update …
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BankingCapital MarketsCorporate ServicesDebt Management,FinanceINVESTMENT
Ecobank Nigeria Launches $300 Million Tender Offer for Senior Notes
Ecobank Nigeria Limited has announced the launch of a tender offer for its outstanding U.S.$300 million, 7.125 per cent Senior Note Participation Notes due 2026, in a move aimed at …
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BankingBusinessEconomyFinanceMarketsPolicies
Former CIBN President Ken Opara Calls for Special Court to Handle Credit Cases
The immediate past President of the Chartered Institute of Bankers of Nigeria, Dr Ken Opara, has called for the creation of a specialised court that will handle disputes related to …
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BankingBusinessEconomyFinanceNigeriaSMEs
FCMB Named Nigeria’s Best SME Bank for 2025 as Lending to Small Businesses Rises
First City Monument Bank has been named Nigeria’s Best SME Focused Bank for 2025 by the Chartered Institute of Bankers of Nigeria. The bank received the recognition after emerging as …
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BankingEconomyFinanceNigeria
FairMoney MFB Gets Rating Upgrade as GCR Backs Strong Growth, Technology and Risk Management
Global Credit Ratings has upgraded the national scale issuer ratings of FairMoney Microfinance Bank, reflecting the institution’s growing strength and stability within Nigeria’s competitive microlending market. In its latest assessment, …