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NDIC payments to depositors begin as customers of 46 failed microfinance banks receive insured refunds of up to N2 million
Africa’s Reserve Rankings place Nigeria fourth with $49.4bn in international reserves, behind Libya, South Africa and Egypt in the 2026 report
First HoldCo reported a record ₦653.5bn profit before tax in the first half of 2026, sending its shares up 10% on stronger financial performance
Wema Bank Digital Bank Award recognition from Euromoney highlights its leadership in digital innovation, ALAT growth and customer-focused banking
UBA Foundation Financial Literacy initiative equips underserved children with money management skills through its partnership with Slum2School Africa
Wema Bank has officially launched the 7th edition of Hackaholics, its flagship innovation initiative, calling on young Africans to submit tech-driven solutions across seven verticals with...
Wema Bank rewards 273 customers with ₦17.96 million in the first month of its Season 5 5 for 5 Rewards campaign
First HoldCo approves N253bn capital raise to strengthen capital base and support growth after strong earnings rebound and recapitalisation drive
UBA Unveils UNILAG Innovation Hub launched as United Bank for Africa opens a renovated facility and funds research collaboration at the University of Lagos
Wema Bank launches Children’s Day initiatives including cash rewards, STEM challenges, and financial literacy programmes for young customers
Wema Bank Children’s Day entries close on May 20 as the bank invites children to compete for a one-day MD/CEO experience
Wema Bank Plc has noted with concern recent media publications containing false, misleading, and wholly unsubstantiated allegations regarding the sale of certain Banana Island properties purportedly...
Wema Bank has launched Season Five of its 5for5 reward scheme with over N170m in prizes to promote digital banking and inclusion
Access Holdings dividend suspension risk rises as regulators flag excess foreign investments, potentially delaying payouts in H1 2026
Jim Ovia steps down from Zenith Bank role confirmed as founder exits chairmanship after 12 years, with Mustafa Bello appointed as new board chairman
ALAT at 9 anniversary campaign launches with rewards, challenges and new features as Wema Bank celebrates nine years of digital banking innovation
Wema Bank 81st anniversary rewards unveiled as the bank celebrates with ALAT at 9 and launches new customer support initiatives
Providus Bank Ado-Ekiti branch expansion continues as the lender opens a new branch to boost financial inclusion and support businesses in Nigeria
CBN digital infrastructure monetary stability reform highlights Nigeria’s push for digitisation, FX transparency, and stronger financial stability in emerging markets
Wema Bank has successfully met the Central Bank of Nigeria’s recapitalisation requirements with Total Qualifying Capital of ₦264.7 billion, retaining its national banking licence