The Managing Director and Chief Executive Officer of Lovonus Microfinance Bank, Mr. Adeola Ayibiowu, has said that microfinance banks (MFBs) remain the only banking option for millions of Nigerians, especially …
The Central Bank of Nigeria (CBN) is yet to speak on the next steps regarding the planned recapitalisation of Bureau De Change (BDC) operators, even as the official deadline of …
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 …
The Central Bank of Nigeria (CBN) has introduced three new financial instruments aimed at deepening the country’s non-interest financial market and helping Islamic finance institutions manage liquidity better. This move …
Mida Technologies, a Nigerian loan recovery firm, is making waves in the country’s financial sector by adopting a unique model that combines technology with empathy—a strategy that is yielding a …
Two of the most prominent players in global and African insurance and financial services, Sanlam and Allianz, appear poised to complete the anticipated merger of their operations in Nigeria, marking …
A Nigerian loan recovery company, Mida Technologies, says it is recovering up to 40 per cent of bad loans by using a human-focused approach supported by technology, breaking away from …
United Bank for Africa Plc (UBA) has claimed the top spot as Nigeria’s strongest brand in the 2024 Brand Finance ranking, making a significant leap from its 9th position in …
United Bank for Africa Plc (UBA) has again been recognised for its strong support for small businesses in Nigeria. The bank won four top awards at the 2025 Development Bank …
LivingTrust Mortgage Bank Plc has been honoured with the Development Bank of Nigeria (DBN) Innovation Award in the Other Financial Institution (OFI) category for the financial year 2024. This award, …