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 …
Fintech
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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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Delta40 Launches Nigeria Venture Studio to Boost Energy, Agriculture and Fintech Startups
Delta40, a venture studio and investment fund, has officially launched its Nigeria Venture Studio in Lagos, reinforcing its commitment to driving innovation across energy, agriculture and fintech in Africa. The …
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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 …
- BusinessCryptocurrencyEconomyFinance & ServicesINVESTMENTNigeriaTechnology
Nigerian Crypto Companies Face Stricter Rules as SEC Classifies Digital Assets as Securities
The Nigerian Securities and Exchange Commission (SEC) has announced that cryptocurrencies and other digital assets are now officially classified as securities under the new Investments and Securities Act (ISA) 2025. …
- EconomyFinance & ServicesINVESTMENTNewsNigeriaTechnology
CWG Doubles Dividend as Profit Jumps by 428%, Shareholders Celebrate Strong 2024 Performance
Computer Warehouse Group (CWG) has recorded one of its best financial years in history, posting an impressive 428 per cent growth in profit after tax, and as a result, more …
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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 …
- 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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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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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 …