FinanceInternational
Ecobank moves to enable direct yuan payments for Africa–China trade by 2026
Ecobank is advancing plans to enable direct yuan settlements for African trade with China, in a move that could significantly...
Finance
Nigerians can now report banks to FCCPC as court dismisses UBA suit
Nigerians can now take complaints against their banks directly to the Federal Competition and Consumer Protection Commission (FCCPC), following a...
Trainee
UBA recruits over 700 young professionals to tackle youth unemployment
Africa’s Global Bank, United Bank for Africa Plc (UBA) has reinforced its commitment to reducing youth unemployment with the recruitment...
Finance
Sterling HoldCo Fully Recapitalises Sterling Bank and AltBank
Sterling Financial Holdings Company Plc has confirmed that its core banking subsidiaries, The Alternative Bank (AltBank) and Sterling Bank, are...
Finance
FirstBank, MOFI, ARM Launch Single-Digit Mortgages
FirstBank of Nigeria Limited, in partnership with the Ministry of Finance Incorporated and ARM Investment Managers Limited, has launched a...
Finance
Kuda MFB Secures CBN National Licence to Expand Physical Presence
Kuda Microfinance Bank (Kuda MFB) has received approval from the Central Bank of Nigeria (CBN) to operate as a National...
Finance
NPF Microfinance Bank Grows from ₦500,000 to ₦13bn
Nigeria Police Force (NPF) Microfinance Bank has recorded significant growth over the past three decades, transforming from a small financial...
Finance
Parallex Bank seeks dismissal of FHT Mega Express suit over ₦7bn freeze
Parallex Bank Limited has asked the High Court of the Federal Capital Territory (FCT), Abuja, to dismiss a suit filed...
FinanceFintech
Paystack launches Paystack Microfinance Bank after Ladder MFB acquisition
Paystack Inc., the Nigerian fintech owned by Stripe, has formally entered Nigeria’s banking sector following the acquisition of Ladder Microfinance...
New Tax Laws
NRS explains double Stamp Duty reports after new tax laws
The National Revenue Service (NRS) has addressed public concerns over reports of “double stamp duty” deductions appearing on banking transactions...