Sunday, April 12, 2026
CBN warns public against fraudulent loan offers, investment schemes
Charles Abuede Godwin Emeifele, CBN Governor The Central Bank of Nigeria (CBN) has warned the Nigeran public against fraudulent loan...
Read moreDetailsCovid-19, negative Q2 earnings force Wells Fargo, major banks to cut jobs in US
Charles Abuede Charles W. Scharf, Wells Fargo CEO Wells Fargo, the largest employer in the US banking industry, is laying...
Read moreDetailsFitch assigns “B” mixed outlook rating to Nigeria’s leading Tier-1 banks
Charles Abuede Access, GTB, First Bank, Zenith, UBA in the frame Fitch Ratings, the global rating agency, has assigned and...
Read moreDetailsPayments, lending major drivers of Nigeria’s fintech market — McKinsey
Saviour Adugba Quickteller, Paga, Opay, others competing well with banks’ apps, USSD Godwin Emiefele, CBN Governor A new Mckinsey report...
Read moreDetailsAnalysis: Fitch’s Nigeria stable outlook rating: Glimmer of Hope?
Charles Abuede Godwin Emeifele, CBN Governor Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) downgraded to ‘B’ from ‘B+ Rating principally...
Read moreDetailsFormer CIBN president wants Nigerian banks to promote export, import substitution
Can diversify forex earnings base To keep forex in-country Helps institutionalize management of reserves Charles Abuede A former president of...
Read moreDetailsHuawei, Mondia Pay to deliver contactless digital payment in Africa, Middle East on Huawei Mobile Services
Huawei has partnered with leading digital payment company, Mondia Pay, to offer contactless payment services for its users in the...
Read moreDetailsAccess Bank makes strategic investments in southern African markets, expands African footprints
Acquires ABC in Mozambique Raises stake in GroCapital Transaction, acquisition await regulatory approvals To become HoldCo with CBN’s Approval-in-Principle ...
Read moreDetailsCentral Bank finds 36.8% Nigerian men, women excluded from financial services
Charles Abuede 40.9 % of Nigerian women have no access to financial services Financial access is skewed towards male adults...
Read moreDetailsSterling Bank goes HoldCo to restructure on ‘social capitalist’ model as CBN gives A-in-P
Charles Abuede Sterling Bank Plc is joining the league of Nigerian banks that have elected to operate under a holding...
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