FirstBank Wins Financial Institution of the Year at the Afrexim Bank Pan-African Business and Development Awards

Posted on by Staff Reporter | 26993 Views | 13 min read

The award was bestowed on FirstBank in recognition of the Bank’s role in promoting trade and investment endeavours across the continent. With its subsidiaries across the FirstBank Group, FirstBank has continued to play a leading role in boosting cross-border businesses, including trade and investment opportunities, essential to enhancing trade relations amongst countries. In 2021, the

Leadership and FirstBank’s Successful Transitioning to “Click” Banking

Posted on by Staff Reporter | 20972 Views | 41 min read

In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value held tightly to N15, growing by over threefold amid general asset and economic doldrums. The steep rise in the valuation of the financial institution deviates remarkably from the average

How Can Nigeria Build on the Payment Evolution Brought About by the Naira Shortage – Baxi

Posted on by Staff Reporter | 12538 Views | 27 min read

By Mxolisi Msutwana – Chief Operating Officer at Baxi All around the world, governments are trying to encourage cashless payments. Their reasons for doing so are multiple, including expanded financial inclusion and transparency, wanting to formalise the informal economy, and to drive economic growth and innovation. Nigeria is no exception. By the end of 2022,

Access Bank Launches First American Express Cards in Nigeria

Posted on by Staff Reporter | 46365 Views | 25 min read

By launching these cards, Access Bank has improved its overall offering to its retail and private bank customers In maintaining its leadership status as Nigeria’s most innovative bank, Access Bank has unveiled two new consumer credit cards: the Access Bank American Express Gold Card and the Metal Platinum Card. These are the first American Express

Shareholders Applaud Fidelity Bank for Exceptional Performance in 2022 FY

Posted on by Staff Reporter | 15260 Views | 12 min read

Shareholders of leading financial institution, Fidelity Bank Plc, have commended the board and management of the bank for delivering an exceptional performance in FY 2022. This was made known at the bank’s 35th Annual General Meeting (AGM) held virtually on Tuesday, May 23, 2023. Speaking at the AGM, the Chairman Emeritus of the Independent Shareholders

Access Bank Paris Launch to Strengthen Trade and Investment Links Between Africa and Europe

Posted on by Staff Reporter | 12825 Views | 25 min read

This move will enable Access Bank to expand its operations in Europe, strengthen its international presence, and deepen its relationships with global clients As part of its strategic moves to boost trade and investment between Africa and Europe, Access Bank Plc, one of Nigeria’s biggest financial services institutions, has established a new subsidiary in Paris,

Fidelity Bank Records Stellar Performance in FY 2022. Declares Total Dividend of 50K per Share

Posted on by Staff Reporter | 11602 Views | 11 min read

Fidelity Bank Plc, a leading financial institution released its 2022 Audited Financial Statements on the Nigerian bourse today. The results showed a 34.4% growth in Gross Earnings YoY to N337.1bn, driven by 45.2% growth in interest and similar income to N295.6bn. The increase in Interest Income was led by a combination of improved yield on

Kaspersky: 37% of Users in Nigeria Lost Money From an Incident Involving Digital Payments

Posted on by Staff Reporter | 11133 Views | 12 min read

The majority of users (97%) lost up to USD $1,000 equivalent as a result of these incidents, while 3% of the respondents reported a loss of more than USD $1,000 equivalent According to the Kaspersky (www.Kaspersky.co.za) Digital Payment survey, 37% of respondents from Nigeria experienced financial losses associated with threats when using online banking and

Unlimint Expands Reach to Nigeria, Offering Cutting-Edge Payment Technology

Posted on by Staff Reporter | 14098 Views | 12 min read

Leading global fintech brand, Unlimint, is set to launch its operations in Nigeria, after receiving its Payment Solution Service Provider (PSSP) License from the CBN. This milestone development authorizes Unlimint to operate as a recognized payment service provider in the region, enabling the delivery of a wide range of payment services and methods that will

Network International Strengthens Partnership with Polaris Bank to Deepen Financial Inclusion, Digital Transformation

Posted on by Staff Reporter | 17452 Views | 11 min read

The collaboration with Network enables Polaris Bank to provide low-cost digital solutions on a secured platform, making customer acquisition and digital onboarding seamless.  Network International (Network) (https://www.Network.ae), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has renewed its partnership with one of Nigeria’s largest financial service providers, Polaris Bank