Point of Sale (POS) terminals processed a total of N223.27 trillion worth of transactions across Nigeria in 2024. This figure is more than double the N110.35 trillion recorded in 2023, …
digital banking
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Banking, Finance & InvestmentFinance & ServicesFintechNigeriaTechnology
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Banking, Finance & InvestmentBusinessDevelopmentEconomyFinance & Services
PremiumTrust Bank Opens New Branch in Osogbo to Expand Services and Support Economic Growth
PremiumTrust Bank, a leading commercial bank in Nigeria, has opened a new branch in Osogbo, the capital of Osun State. The bank made this announcement in a statement on Thursday. …
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Banking, Finance & InvestmentBusinessFinance & ServicesInnovationINVESTMENTSouth AfricaTechnology
Capitec Becomes South Africa’s Biggest Bank by Market Value, Overtakes Standard Bank
Capitec Bank has overtaken some of South Africa’s oldest and biggest financial institutions to become the country’s most valuable bank by market capitalisation. The bank, which was founded in 2001 …
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AfricaBanking, Finance & InvestmentBusinessFintechInnovationNigeriaTechnology
9 Payment Service Bank Wins Digital Bank of the Year at RegTech Rockstar Africa Awards
9 Payment Service Bank (9PSB) has been named the Digital Bank of the Year at the 2025 RegTech Rockstar Africa Awards, a prestigious recognition that celebrates innovation and excellence in …
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BusinessBusiness InsightsEconomyInnovationNigeriaPress ReleasesStanbic IBTC
Stanbic IBTC Bank Wins 2025 Bank of the Year Customer Service Award
Stanbic IBTC Bank has been awarded the 2025 Bank of the Year Customer Service Award at the prestigious Industry Summit/Awards 6.0, which took place in Lagos. This recognition comes after …
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Banking, Finance & InvestmentBusinessBusiness InsightsFintechNigeriaSecurityTechnology
Accion Microfinance Bank Gets Global Certification for Card Payment Security
Accion Microfinance Bank has achieved a major milestone in digital security by earning the Payment Card Industry Data Security Standard (PCI DSS) certification under the latest version 4.0.1. The certification …
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Banking, Finance & InvestmentEducationInnovationPress ReleasesTechnology
Unity Bank Launches GenFi to Teach Nigerian Children Financial Literacy
Unity Bank Plc has introduced a new digital banking app called GenFi to help Nigerian children and teenagers between ages 8 and 18 learn financial literacy. The bank said the …
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Banking, Finance & InvestmentBusinessGOVERNMENTNewsNigeriaPress ReleasesTechnology
Wema Bank Celebrates 80 Years of Banking Excellence, Innovation and Inclusion
Wema Bank Plc has celebrated its 80th anniversary with a strong message of commitment to innovation, inclusive banking, and customer satisfaction. The Managing Director and Chief Executive Officer of the …
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Banking, Finance & InvestmentBusinessEconomyTechnology
FCMB Group’s digital revenues up N101.9bn in 2024
FCMB Group Plc has continued to show strong growth in its digital business as it recorded a 69.2 per cent increase in digital revenue in the 2024 financial year. This …
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Business and EconomyFinance & ServicesINVESTMENTNigeriaWestern Africa
FCMB Records N73bn Profit After Tax, Raises N144.6bn in Public Offer
First City Monument Bank (FCMB) Group Plc has announced a profit after tax of N73.34 billion for the financial year ended December 31, 2024. This marks a drop from the …