The Chief Executive Officer of First Bank of Nigeria Limited, Mr Olusegun Alebiosu, has said the bank’s Digital Xperience Centre initiative is part of a broader effort to redefine how …
digital banking
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BankingBusinessEconomyFinancePoliciesRegulationTechnology
Nigerian Banks Shift Focus to Fees, Digital Services as FX Windfall Falls
Nigerian banks are increasingly turning their attention to non-interest income as the extraordinary foreign exchange (FX) gains they enjoyed after the FX market harmonisation begin to fade. This trend was …
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BankingCorporate NewsDigital Payments & FintechFinanceFraud & CybersecurityLegal Affairs
₦230m Missing After System Glitch — Alpha Morgan, NEM Sue 19 Banks
by Radarr Adminby Radarr AdminAlpha Morgan Bank Plc, together with two of its major customers — NEM Insurance Plc and Extension Publications Limited — has dragged 19 financial institutions to the Federal High Court …
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BankingEconomyFinance & ServicesFintechInnovationTechnology
Africa Bank 4.0 Summit to focus on AI and real-time payments in Lagos
The 17th edition of the Africa Bank 4.0 Summit (West Africa-2025) will take place in Lagos next week, bringing together top banking and fintech leaders from across the continent to …
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AwardsBankingBusinessEconomyTechnology
Polaris Bank Wins Digital Bank and MSME Bank of the Year at 2025 BAFI Awards
Polaris Bank has reaffirmed its leadership in Nigeria’s digital banking space by winning two major honours — the Digital Bank of the Year and Best Bank for Micro, Small and …
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BankingDigital EconomyEastern AfricaFinanceSMEsTrade
CIB Kenya targets SMEs with digital banking and trade finance expansion
Commercial International Bank (CIB) Kenya is setting its sights on reshaping the country’s banking landscape through a digital-first approach and innovative lending models that focus on small businesses and regional …
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BusinessFinanceGlobal MarketsNigeriaStartupsTechnology
Nigerian-Founded Moniepoint Named Among UK’s Top Fintech Companies by CNBC
Nigerian-founded Moniepoint Inc. has been recognised as one of the United Kingdom’s leading fintech companies by global broadcaster CNBC, further cementing its status as one of Africa’s most successful digital …
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BlockchainBusinessEconomyFintechMobile AppsTechnology
Shiga Digital Launches Mobile App for Stablecoin Payments in Africa
Shiga Digital, a blockchain-based fintech company, has introduced its brand-new mobile apps for Android and iOS users, a move aimed at making digital financial services easier for businesses and individuals …
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BankingBusinessFinance & ServicesInfrastructureRegulationTechnology
NOVA Bank Targets Growth with New Branches, Regional Licence Plan
NOVA Bank has announced plans to open new branches in Owerri, Abuja, and Port Harcourt as part of efforts to expand its operations across the country. The bank also said …
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Banking, Finance & InvestmentFinance & ServicesFintechNigeriaTechnology
POS Transactions Hit N223tn in 2024 as ATM Withdrawals Drop
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, …