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 …
digital banking
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BusinessBusiness InsightsEconomyInnovationNigeriaPress ReleasesStanbic IBTC
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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 …
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BusinessFintechNigeriaWestern Africa
eTranzact International Reports N5bn Pre-Tax Profit in 2024, Marks 53% Growth
Lagos – Nigerian fintech giant, eTranzact International Plc, has posted a robust N5 billion pre-tax profit for the year ended December 31, 2024, representing a 53.2% increase from the N3.1 …
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Banking, Finance & InvestmentDevelopmentEconomyEducationFinance & Services
FG seeks fresh $10.50m W’Bank loan
Nigeria has approached the World Bank for a fresh $10.50 million loan to strengthen the Central Bank of Nigeria’s technical capacity and modernise the country’s domestic payment system. The move …
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Banking, Finance & InvestmentBusinessDigital EconomyFintech
Raenest seals $11M funding to deepen operations in Nigeria and Kenya
Raenest, a global multi-currency accounts platform, has raised $11 million in Series A funding to expand its operations in Kenya and Nigeria, as well as to enter new markets in …
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Banking, Finance & InvestmentBusinessEconomy
Wema Bank to pay N1 final dividend, commences N150b rights issue
Wema Bank Nigeria has released its audited consolidated financial statements for the year ending December 31, 2024, to the Nigerian Exchange Group (NGX), proposing a final dividend of N1 per …