The Central Bank of Nigeria (CBN) has dismissed claims of hidden charges in the Bank Verification Number (BVN) process, assuring Nigerians that the enrolment remains free for residents in the …
financial inclusion
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Banking, Finance & InvestmentDigital EconomyFinance & ServicesNigeria
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Banking, Finance & InvestmentBusinessDevelopmentEconomyEducationEntrepreneurshipNigeria
Keystone Bank, Pan-Atlantic University Partner to Promote SMEs
Keystone Bank Limited has signed a strategic Memorandum of Understanding (MoU) with the Enterprise Development Centre (EDC) of Pan-Atlantic University to drive support for small and medium-sized enterprises (SMEs), promote …
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Banking, Finance & InvestmentBusinessBusiness PoliciesFinance & ServicesFintechNigeriaWestern Africa
Nigeria’s New Plan: Using NIN to Track All Unpaid Loans – What You Need to Know
The Nigerian Government has initiated a plan to change how people borrow money. Soon, every loan taken in Nigeria will be connected to the borrower’s National Identification Number (NIN). This …
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Banking, Finance & InvestmentFinance & ServicesNigeria
Parallex Bank Rewards 925 Customers in Grand Finale of ‘Save and Win’ Promo
Parallex Bank has ended the first season of its ‘Save and Win’ savings promo with a grand finale in Lagos, where a total of 925 customers were rewarded with different …
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Banking, Finance & InvestmentFinance & ServicesFintechInsuranceNigeriaTechnology
Leadway Assurance to Offer Mobile-Based Motor Insurance
SmartCash Payment Service Bank, a subsidiary of Airtel Nigeria, has joined forces with Leadway Assurance to launch an easy-to-access, mobile-based motor insurance service across Nigeria. The initiative is designed to …
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Banking, Finance & InvestmentBusinessDevelopmentEconomyFinance & ServicesInnovation
Ntale Urges Banks to Rethink Credit Systems for Women Entrepreneurs at Gender Expo 2025
KAMPALA, UGANDA – Prominent Ugandan banker and women’s empowerment advocate, Theopista Sekitto Ntale, has called on financial institutions to urgently redesign their credit scoring models to better suit the realities …
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Banking, Finance & InvestmentBusinessDevelopmentFinance & Services
Accion Microfinance Bank Opens 74th Branch in Ilorin
Accion Microfinance Bank has extended its reach in Nigeria by opening a new branch in Ilorin, the capital city of Kwara State. The new branch, which becomes the 74th in …
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Banking, Finance & InvestmentEconomyFinance & ServicesNigeriaTechnology
Lovonus MFB Boss Says Microfinance Banks Are Lifeline for Millions of Nigerians
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 …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesMarketsPolicies
CBN Silent as Recapitalisation Deadline for BDCs Elapses
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 …
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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 …