Sterling Bank is commemorating the one-year milestone of its Zero Transfer Fees initiative, through which customers have collectively saved more than N1.6 billion since its rollout. The policy, launched on April 1, 2025, scrapped transfer charges on the bank’s digital platform, OneBank, positioning Sterling as the first major Nigerian bank […]
BANKING
Moniepoint Inc. , Africa’s leading all-in-one financial ecosystem for individuals, businesses, and their customers, has announced the acquisition of Orda Africa (“Orda”), a fast-growing cloud-based restaurant management platform operating in Nigeria. Following the acquisition, Orda will be fully integrated into Moniebook, Moniepoint’s comprehensive Point-of-Sale (POS) and business management platform. Since […]
Quest Merchant Bank has been appointed as Transaction Advisor for Project BRIDGE (Broadband Infrastructure Development for Digital Economy), a landmark national broadband initiative spearheaded by the Honourable Minister of the Federal Ministry of Communications, Innovation and Digital Economy (FMCIDE), Dr. ‘Bosun Tijani. Project BRIDGE is a transformative digital infrastructure programme […]
PalmPay Nigeria has expressed commitment to increasing women’s participation in the financial technology sector through its Purple Woman program, as the company hosted the third edition of its Purple Woman Masterclass, designed to equip young women with digital and professional skills. Speaking at the event, Chika Nwosu, managing director of […]
Big news — our investment management rating just got an upgrade to ‘AA’ from ‘AA-’ by DataPro and affirmation of A+(IM) by Agusto & Co. This reflects how we are continuously improving to serve our investors better. Our funds levelled up too as Agusto & Co upgraded our First Asset Money […]
The Central Bank of Nigeria (CBN) has affirmed the capitalization of Alpha Morgan Bank, marking an important milestone in the Bank’s growth journey and reinforcing its commitment to building a strong, resilient, and future-ready financial institution. This affirmation reflects the Bank’s adherence to regulatory requirements and its strategic focus on […]
Moruf Oseni; the Managing Director and Chief Executive Officer of Wema Bank, has declared March 4, 2026, as the official date of its 2026 IWD Grand Event. The global IWD 2026 theme, “Give To Gain,” served as the inspiration for this year’s celebration and the event will be held under […]
Zenith Bank Plc has cautioned the public to ignore fraudulent videos circulating on social media that falsely portray its Group Chairman, Jim Ovia, as endorsing an investment platform known as “Wealth Bridge.” In a disclaimer issued by its management, the bank described the videos and related promotional materials […]
Access Bank Plc has appointed Ifeyinwa Osime as the new Chairman of its Board, following the retirement of Paul Usoro on January 29, 2026, after completing his regulatory tenure. The appointment was announced in a notice to the Nigerian Exchange Limited on Monday, signed by the company’s secretary, […]
The World Bank upgraded its prediction for Nigeria’s economic growth to 4.4% for 2026 and 2027, saying on Tuesday, that the country’s economy is expected to develop at its quickest rate in over ten years. This was revealed in the World Bank’s most recent Global Economic Prospects report. The most […]