Archives Tag: banks
Nigeria’s Banking Industry: Fidelity Bank
April 19, 2022
Fidelity Bank is a first-tier commercial bank offering financial services to over four million customers, predominantly in Nigeria. It’s been a savings haven for numerous individuals for more than two decades, and for almost thirty years, it has assisted local businesses with the financial support they need to scale. Although it started out on the … Continue reading Nigeria’s Banking Industry: Fidelity Bank
Nigeria’s Banking Industry: Union Bank
April 19, 2022
Union Bank is one of Nigeria’s oldest financial institutions. It’s also among the country’s biggest, with its total assets worth over $4 billion as of 2018, and several million customers located within and beyond Nigeria. Like the other traditional players in the banking industry, it presents itself to its customers as a reliable partner, one … Continue reading Nigeria’s Banking Industry: Union Bank
How Nigeria’s Banks Are Responding To The Fintech Revolution
April 19, 2022
Nigeria’s fintech bosses aren’t making any bold statements about disrupting the existing banking system. They often speak of being alternatives to the big financial service providers or collaborating with these established institutions. When they’re on conference panels together, commercial bank CEOs and fintech startup founders talk of joining forces to usher in a new age … Continue reading How Nigeria’s Banks Are Responding To The Fintech Revolution
App Of The Week: Union Mobile
April 19, 2022
Union Mobile is an attempt to enable seamless banking and still have access to all the cool features that make an app worth opening every single day. This app claims stands out among other top-tier banking apps because it is a multi-purpose app which spans some features found on a banking app and other apps. Here are some … Continue reading App Of The Week: Union Mobile
NIBSS Hackathon 2018: ₦3 Million Prize on Offer for Software Developers
April 19, 2022
The Nigerian Inter bank Settlement System (NIBSS) is inviting software developers to pitch their ideas at its maiden Hackathon, for a chance to win ₦3 million. If you’ve devised a personal identification system that could work as part of a fintech infrastructure, you might consider entering for it. The NIBSS Hackathon is being organized with … Continue reading NIBSS Hackathon 2018: ₦3 Million Prize on Offer for Software Developers
Paystack Gets $8 Million In Series A Funding Round
April 19, 2022
Digital payments startup Paystack has lapped up $8 million in its series A funding round. Reports say the Nigerian fintech venture secured its latest round of financing from a group of investors led by payments company Stripe and Visa. There’s also been support from Tencent and Y Combinator, both of which had contributed to an … Continue reading Paystack Gets $8 Million In Series A Funding Round
Top 5 Nigerian Fintech Apps
April 19, 2022
Fintech is a term used to classify all computer programs and technology that support and facilitate banking and financial services. Because of the ease and comfort they provide, as opposed to the traditional methods of banking, fintech services have become more endearing to Nigerians in recent times. The demand for fintech services can only grow at this point, as … Continue reading Top 5 Nigerian Fintech Apps
Numbers To Call If You Need To Block Your Debit Card
April 19, 2022
One of the worst things that could happen is having your debit card stolen and needing to block it ASAP. A list of banks, their customer care numbers and contact detail: Access Bank Plc 07002255222377 +234 1- 2712005-7 +234 1-2802500 contactcenter@accessbankplc.com Ecobank Nigerian Plc 08003262265 engcontactCentre@ecobank.com First Bank of Nigeria Ltd 234 1 9052326 +234 1 … Continue reading Numbers To Call If You Need To Block Your Debit Card
By henry
Make Your Low-Cost Payments with MCash
April 19, 2022
The idea of a totally cashless economy is becoming more of a reality, with a couple of payment platforms offering alternatives to using cash. But when it comes to low-cost items, most people still use cash. Well, there is an alternative. Introducing mCash, an innovative payment solution designed to facilitate low-value retail payments, grow e-payments … Continue reading Make Your Low-Cost Payments with MCash
By muna-ugorji
Nigeria Today: Top 5 News Stories, Friday, Nov 4th 2016
April 19, 2022
1. The Lagos International Trade Fair kicks off today at the Tafawa Balewa Square and will run until the 13th of November, 2016. 2. The Federal Government has called for partnerships between farmers and stakeholders in the rubber industry in order to boost production of the commodity. 3. In conjunction with the Nigeria Inter-Bank Settlement System … Continue reading Nigeria Today: Top 5 News Stories, Friday, Nov 4th 2016
By ogo-eze
Here Comes Lidya, The Digital Bank
April 19, 2022
Access to finance and financial services in Africa is still not as hitch-free as it should be, considering the technological advancements made thus far. There are still plenty of complaints by customers about their inability to access the basic financial services. Meet Lidya, Nigeria’s first purely digital bank. Lidya is seeking to tackle the pressing … Continue reading Here Comes Lidya, The Digital Bank
By muna-ugorji
European Investment Bank and UBA Partner to Provide €60 Million Facility to Private Enterprises
April 19, 2022
The European Investment Bank will be working in conjunction with the United Bank for Africa to provide about €60 million worth of financial facilities to small and medium enterprises in Nigeria. This agreement comes under the EIB’s Nigeria Private Enterprise Investment Facility, an initiative of the European public finance institution to support the growth of … Continue reading European Investment Bank and UBA Partner to Provide €60 Million Facility to Private Enterprises
Bridgeway Microfinance Bank Launches in Ikoyi, Lagos
April 19, 2022
BRIDGEWAY Microfinance Bank, set on a mission to bridge financial gaps in small and medium enterprises and create economic empowerment for individuals, was launched on the 29th of August 2016 in the heart of Ikoyi, Lagos. At the event, the Bank revealed products targeted at giving her clients the best banking experience at individual and … Continue reading Bridgeway Microfinance Bank Launches in Ikoyi, Lagos
By nnenna
Nigeria To Benefit From Afrexim Bank’s $1 Billion Investment Programme
April 19, 2022
Nigeria will be benefiting from a massive injection of development funding from the Africa Export-Import Bank (Afrexim Bank), which, it is hoped, will help in the creation of agricultural and industrial processing parks. About $1 billion is set to be pumped into the continent’s manufacturing and agricultural sectors to help exploit the recognised potential of … Continue reading Nigeria To Benefit From Afrexim Bank’s $1 Billion Investment Programme
Three Reasons Why You Should Read the Fine Print On Your Bank Documents before Signing Them
April 19, 2022
Fine prints are, for most people, just a decorative addendum to the main piece of information conveyed in such things as food and pharmaceutical product labels, or contract documents. We prefer to concentrate on the more visible large prints which we think reveal all we need to know about the product to which they refer. … Continue reading Three Reasons Why You Should Read the Fine Print On Your Bank Documents before Signing Them
