Emmanuel Ojukwu
- Banking
- November 14, 2024
- 7 views
NDIC to Begin Heritage Bank Asset Sale in December Following License Revocation by CBN
The Nigeria Deposit Insurance Corporation (NDIC) has announced that it will commence the sale of assets belonging to Heritage Bank on December 4, 2024. Bashir Nuhu, NDIC’s Director of Communication…
- Banking
- November 14, 2024
- 25 views
Access Bank UK Acquires Majority Stake in Mauritius’ Afrasia Bank
Access Holdings Plc has announced that its UK subsidiary, Access Bank UK, has entered into a binding agreement to acquire a majority stake in Afrasia Bank Limited, a significant player…
- Banking
- September 9, 2024
- 44 views
Nigerian Financial Authorities Unite to Simplify Bank Recapitalisation
The Central Bank of Nigeria (CBN), the Securities and Exchange Commission (SEC), and the Nigeria Deposit Insurance Corporation (NDIC) have announced a strategic partnership aimed at streamlining the bank recapitalisation…
- Banking
- September 5, 2024
- 38 views
Tony Elumelu Urges UCEE Microfinance Bank to Drive Prosperity Through Digital Microfinance at Launch Event
At the official launch of UCEE Microfinance Bank in Lagos, Tony Elumelu, Chairman of Heirs Holdings, called on the bank’s management to focus on improving lives and creating prosperity in…
- Banking
- September 5, 2024
- 32 views
TymeBank to Expand Into Indonesia , Following Southeast Asia Growth Strategy
South African digital bank TymeBank is set to extend its operations to Indonesia by the end of 2024, as part of its broader strategy to solidify its presence in Southeast…
- Banking
- September 5, 2024
- 107 views
Fidelity Bank and Mastercard Launch “Fidelity Send” to Revolutionize Cross-Border Payments in Nigeria
Fidelity Bank Plc, in partnership with Mastercard, has launched a groundbreaking payment service named “Fidelity Send,” designed to streamline cross-border payments and remittances in Nigeria. Speaking at the launch event…
- Banking
- September 5, 2024
- 37 views
Zenith Bank Achieves Triple-Digit Growth in H1 2024 Amid Challenging Economic Conditions
One of Nigeria’s leading financial institutions, Zenith Bank Plc, has reported exceptional financial results for the half-year ending June 30, 2024, showcasing a remarkable 117% surge in gross earnings, reaching…
- Banking
- August 24, 2024
- 70 views
UCEE Microfinance Bank Kicks Off Operations With Mobile App to Drive Financial Inclusion in Nigeria
UCEE Microfinance Bank, a subsidiary of United Capital Plc, has officially launched its services, introducing a mobile app designed to enhance financial accessibility across Nigeria. The bank’s grand opening took…
- Banking
- July 31, 2024
- 42 views
FCMB Welcomes Ademola Adebise to Its Board of Directors
First City Monument Bank (FCMB) has appointed Ademola Adebise, a well-respected figure in the Nigerian financial industry, to its board of directors. In addition to strengthening its leadership team with…
- Banking
- July 31, 2024
- 51 views
Kenya’s Banking Sector Leverages AI to Combat Internal Fraud and Theft
Kenya’s banking sector is increasingly adopting artificial intelligence (AI) as a strategic tool to combat internal fraud and theft, reflecting the growing importance of technology in enhancing financial security. This…
