As MTN leadership visits the CBN Governor Following the Central Bank of Nigeria’s (CBN) final approval for a Payment Service Bank (PSB) licence, MTN Nigeria’s fintech subsidiary, MoMo Payment Service Bank (MoMo PSB) Limited, legally began operations today. This comes after a successful pilot that began on May 16, 2022, […]
BANKING
Nigeria’s premier banking institution and leading financial services inclusion services provider, First Bank of Nigeria Limited has won two awards: Best Bank in Nigeria 2022 and Best Banking Digital Transformation Nigeria at the International Investor Awards 2022, a print and online publication that provides insights, news and visual informative pieces with topics […]
In furtherance of its role in promoting the sustainability and viability of Small and Medium-sized Enterprises (SMEs), Nigeria’s premier and leading financial inclusion services provider, FirstBank, will convene its SMEConnect webinar themed Leveraging Alternative Payment Methods (APMs) to drive revenue for your business at 11:00 am on Thursday, 24 March […]
The House of Representatives has requested the Central Bank of Nigeria (CBN) to impose rigorous controls and standards, including sanctions, on Point of Sale company activities in Nigeria “in the public interest.” In addition, the House charged its Committee on Banking and Currency with organizing a stakeholders’ meeting to “address […]
Abbey Mortgage Bank blazed a new trail in the financial services industry with the release of its data-friendly mobile banking application. The App launch, which took place today at the company’s head office in Victoria Island, Lagos, will give users fast access to their accounts as well as the opportunity […]
FirstBank, Nigeria’s top financial inclusion services provider, has urged its clients to take advantage of the bank’s ongoing Verve Card campaign, which is meant to reward customers for their sustained use of the Verve debit Card. The eight-week promotion will end on Wednesday, March 30, 2022, with 2,601 clients winning […]
A $30 million facility to reinforce FirstBank’s commitment to gender financing for women-owned and led enterprises. • The partnership will increase funding to local SMEs in Nigeria to help them expand and promote financial and social inclusion. The facility adds US$100 million to CDC/BII’s contribution to the […]
