Access Bank Moves to Acquire South Africa’s Bidvest Bank
Access Holdings, through its banking subsidiary, Access Bank, is set to acquire a 100% stake in South Africa’s Bidvest Bank. News of this broke following disclosure in a filing with the Nigerian Exchange Limited on Thursday. Read more about Business The deal, which will see Nigeria’s largest bank by assets take over equity in a […]
Mobile Banking Adoption in Nigeria
In recent years, mobile banking in Nigeria has seen rapid growth, reshaping the country’s financial landscape. With the rise in smartphone usage and internet penetration, more Nigerians are turning to mobile banking for their financial needs thereby significantly increasing financial inclusion in the country. As of 2021, at 82%, Nigeria was reported to have […]
Top 10 Nigerian Women in Banking
The Nigerian banking sector is witnessing a remarkable shift; a surge of talented women taking the helm of leading institutions. This is truly an amazing time for Nigerian women in banking, and it’s a moment to celebrate their achievements and their incredible impact on the industry. Read more about Finance For far too long, […]
Aigboje Aig-Imoukhuede Returns To Access Bank 10 Years After
Access Bank PLC has appointed Aigboje Aig-Imoukhuede as its non-executive chairman of the board of directors of Access Holdings PLC, following the recent passing of the former CEO, Herbert Wigwe. Aig-Imoukhuede previously served as the CEO of Access Bank from 2002 to 2013 and is widely recognized for his role in transforming the bank into […]
How To Make Great Profit from Land Banking in 2024
Land banking is a type of real estate investment which involves investors purchasing undeveloped land and holding it for a while. As they maintain ownership, the value of the land appreciates. They may eventually sell it for far more than the price for which it was purchased. Returns worth several multiples of the original […]
Insights into Mobile Banking Trends in Nigeria
The landscape of banking in Nigeria is undergoing a profound transformation, driven by the rapid adoption of mobile banking technologies. As a nation with a significant mobile phone penetration rate, Nigeria has become a hotspot for mobile banking innovation. This article delves into key insights and trends shaping mobile banking in Nigeria, exploring how […]
Preventing Sabotage of Customer Experience: 5 Ways
In the digital age, banking has evolved from traditional brick-and-mortar establishments to online and mobile platforms. While digital banking offers convenience, efficiency, and accessibility, it also comes with challenges, such as the risk of sabotaging the customer experience. A poor customer experience can lead to customer dissatisfaction and attrition. To prevent the sabotage of […]
The First Bank Technology Academy 2023 for Young Graduates
First Bank is calling on young Nigerians who want to begin a career at the intersection of banking and technology to apply for a place in its training program. This initiative, the First Bank Technology Academy, is designed to equip enrollees with the knowledge and skills they need to start and sustain a successful […]
Chief Subomi Balogun: The Nigerian Banking Legend
The renowned Nigerian banker and philanthropist, Chief Subomi Balogun, 89, is reported to have died today, 19th of May 2023 in London. Chief Subomi was widely recognized as a legendary figure in the banking industry. He was the founder of First City Merchant Bank (FCMB), which grew to become the FCMB Group. Chief Balogun […]
Access Bank Entry Level Training Programs 2023
Access Bank is inviting young Nigerian graduates who are interested in building a career in the banking sector to apply for its Entry Level Training Program. If you are looking to kick-start a career in the tech, commercial and investment banking, and retail sales segments of banking, you may consider taking advantage of this […]
How FinTech Startups Can Achieve a Profitable and Sustainable Banking Transformation
The terrain of the financial services industry is advancing quickly, and for FinTechs in Nigeria to overcome, the need to diversify is crucial. Four key principles can stimulate FinTechs to attain a profitable and sustainable transformation. This can only be achieved by having a clear-cut pathway, a set of clearly understood prerogatives, an idea […]
Agency Banking, Not A Catalyst To Nigeria’s Cashless Vision
Agency banking, which led to the proliferation of POS terminals, has not aided in Nigeria’s cashless policy operations. Although the system was introduced in 2013 as part of the CBN’s efforts towards the cashless policy, more cash has been in circulation. Read more about Fintech On January 1, 2012, the Central Bank of Nigeria […]
How Digital Banking Could Evolve Over The Next Ten Years
Banking has undertaken an exhilarating journey of transformation in the past couple of decades. We have witnessed the appearance of mobile banking applications, which initially existed to complement service provision at banking halls. We’ve watched the emergence of fully digital financial institutions that do practically everything we expect of physical banks, but via online platforms. […]
How To Protect Your Mobile Banking Apps From Hackers
Bank apps—and FinTech apps in general –have made financial transactions relatively easy. They have brought a level of convenience to payments, account access and wealth management that we could only have dreamt of just a couple of decades ago. But this benefit has come at a cost. Read more about FinTech Cyber criminals have found […]
3 Ways To Ensure A Seamless Digital Banking Transformation
Digital banking is the future of banking. Little wonder, FinTech startups seem to be challenging traditional banks in delivering seamless banking. However, experts have stated that institutions that provide personalized services will stand out from the rest. The use of Artificial Intelligence will provide superior experiences to their clients. Read more about Fintech Despite the […]
The Evolution Of Commercial Banking
A commercial bank is a financial institution that grants loans, accepts deposits, and offers basic financial products such as savings accounts and certificates of deposit to businesses. Read more about Finance A commercial bank makes money primarily by providing different types of loans to customers and charging interest afterward. Commercial banks in Nigeria came into […]