The United Bank for Africa (UBA) Plc celebrated this year’s Africa Day with the fourth edition of its annual Africa Conversations, which was held at the UBA House, Lagos.
The UBA Africa Conversations is a yearly event that started in May 2019 as a hallmark initiative in a series of celebrations for Africa Day.
The conversations provide a platform for African and global audiences to connect with…
To encourage and simplify vehicle ownership for personal use by millions of Nigerians, First City Monument Bank (FCMB) is offering auto loans of up to N30 million at a reduced interest rate.
The FCMB auto loan supports acquiring brand new and pre-owned vehicles (popularly…
Wema Bank Plc has unveiled a kids’ innovation challenge aimed at encouraging children to ideate and develop solutions in learning, health, games, and agriculture.
The competition would reward the top three finalists who present the most creative and innovative ideas with…
FBN Holdings Plc may have returned to a sustainable growth path as its 2021 financial points to a more-than-expected resilient near-term outlook with the commercial banking operations leading growth across key parameters.
The report, released last week, shows that First Bank of Nigeria Limited, grew its total assets in the financial sector by 15.9 year-on-year (Y/Y), from N7.4 trillion to N8.5…
The world is now fully digital. Today, companies in the United States of America, United Kingdom, Europe, and Australia are engaging the services of African freelancers and contractors to operate their businesses.
Freelancers, contractors, and local businesses in Africa…
Value of transactions on the electronic bills payment platform rose by 44 percent year on year to hit N114.8 trillion in the first four months of 2022 from N79.5 trillion in the corresponding period, data from the Nigeria Inter-Bank Settlement System (NIBSS), shows.
The…
Airtel, Africa Plc has launched Banking service in Nigeria as its subsidiary, SmartCash Payment Service Bank Limited (SmartCash PSB), has been granted a license by the central bank of Nigeria (CBN) to commence its operation.
Airtel which made this known in a statement on May 19, 2022, noted that it now has its presence in almost 14 countries across Africa. SmartCash PSB will first be trialled at…
When Pascal Ntsama, Co-Founder and CEO of Canza Finance got admitted to Georgia Southern University to study advanced mathematics, he had vague plans of becoming a rocket scientist.
A year later, he transferred to Georgia Institute of Technology to study electrical and…
Nigerian actor Lateef Adedimeji has been officially unveiled as an FCMB brand ambassador.
This was made known to the public by the actor via his official Instagram page and FCMB official Social media page.
FCMB WROTE:
Yesterday, we unveiled Lateef Adedimeji as our brand…
Securities and Exchange Commission, banks’ agreement on crypto rules uncertain
May 24, 2022
The new regulations recently released by the Securities and Exchange Commission (SEC) for the cryptocurrency industry may soon put the commission on a collision course with deposit money banks in the country.
This is as operators in the cryptocurrency industry are working towards compliance with the provisions of the regulations in order to become legitimate entities.
SEC had on May 13, 2022…