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 […]
Brands We Love: Accion Microfinance Bank
Accion Microfinance Bank is a financial institution that provides savings and loan services to micro-entrepreneurs and low-income earners. It has a license to operate nationally, and thus serves a large population of individuals and businesses spread across Nigeria. Read more about Brands we love Founded in 2007, Accion has backing from some of Nigeria’s […]
FCMB 2021-2022 Paid Internship Program For Young Nigerians
#FCMBFlexxtern is an initiative by a leading financial institution, First City Monument Bank, in partnership with other prestigious organizations in Nigeria. The goal of the organizers of this program is to empower young individuals by providing internship opportunities and access to a mentor network through its partner organizations. Read more about Opportunities If you […]
Herbert Wigwe Wins African Banker Of The Year
High profile Nigerian banker and the Group Managing Director/CEO of Access Bank Plc, Mr Herbert Wigwe, has won the prize for the African Banker of the Year for the second time in a row. In a statement made public by Access Bank on Sunday, June 27th, 2021, it was disclosed that Wigwe clinched the […]
Kuda Bank Secures Series A Funding
Kuda Bank has been something of an understated achiever in the tech space since it kicked off operations in 2018. The two-year-old start-up has targeted a market niche that most fintech start-ups do not venture into, for whatever reason and it has been gaining hot momentum since last year. Read more about Tech Only […]
Stanbic IBTC Bank Offers Innovative Business Opportunities For Nigerian Global Traders
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has introduced an innovative platform that creates enabling business opportunities for exporters and importers in Nigeria. Read more about Business The platform, known as “TradeClub”, aims to connect the financial institution’s business banking customers to new business propositions globally. It aims to create […]
Sterling Bank To Reward Customers With 100,000 Free Verve Cards
Sterling Bank Plc, is offering not less than 100,000 free Naira debit cards to its customers around the country. The bank made this known in a statement signed by its Group Head, Digital Banking, Dipo Alabede. It noted that it will provide free cards for currents and savings account holders who signed up on […]
FCMB is Moving to Acquire 96% of AIICO Pensions
The FCMB Group seems certain to acquire 96% of AIICO Pensions. Both parties appear to have reached an agreement to this effect, reports coming in on Monday have suggested. If actualized, the deal would see AIICO Pensions effectively become a subsidiary of the FCMB Group. An earlier statement from the FCMB Group CEO, Ladi Balogun, had […]
Win Up to $10,000 in the Ecobank Fintech Challenge 2020
Entries are now open for the 2020 edition of the Ecobank Fintech Challenge. Startups working in financial technology from across Africa are invited to pitch their ideas to Ecobank, in order to win the funding and support they require to scale. Participating fintechs are expected to present solutions in key areas of concern listed by […]
Six High-Interest Savings Accounts You Can Open Today
Wouldn’t it be nice if you’re able to earn some good interest on the money you’re holding in your savings account? You might think that banks are doing you a favour with the minuscule interests they add to your money pile periodically, but this ‘bonus’ may get wiped out by bank transaction costs and maintenance […]
UBA Introduces Self-Service Debit Card Printing Machine for Its Customers
The United Bank for Africa (UBA) says it’s introducing a machine that will allow its customers to create their own debit cards. This means that they will no longer need staff at banks to get new banking cards for them. The bank announced its new self-service debit card printer at the opening of the 2019 […]
Access Bank Moves to Buy Kenya’s Transnational Bank
Access Bank has confirmed that it is in the process of acquiring Kenya’s Transnational Bank. News of this first broke on Monday, with authorities in the East African country indicating that a takeover was imminent. When finalized, the deal could see Access Bank take charge of 93.57% of its Kenyan counterpart’s assets, handing it a […]
Page Financials Bags two prestigious awards at Business Day’s Banks’ and other Financial Institutions Awards 2019
Page Financials, a foremost financial services provider in Lagos Nigeria, popularly known for providing quick loans of up to N5 Million in less than 3 hours to salary earners, has just been awarded the ‘Most Innovative Consumer Lender of the Year,’ and the ‘Consumer Finance Brand of The Year 2019’ at the just concluded BusinessDay’s […]
Nigerian Digital Bank Lidya is Expanding into Eastern Europe
Nigerian fintech company, Lidya, has announced that it’s expanding into Eastern Europe, in a move that sees it establish a presence outside of its own country for the first time. The lending platform wants to plug the funding gap that exists for SMEs in the region. It’s starting off with two countries, Poland and the […]
Union Bank Intervention Funds: CIFI and MAS
Central Bank of Nigeria Creative Industry Financing Initiative In a bid to improve access to long-term low-cost financing for entrepreneurs and investors in the creative and information technology (IT) sub-sectors, the Central Bank of Nigeria in collaboration with the Bankers’ Committee launched the Creative Industry Financing Initiative (CIFI). This project is part of efforts made […]
Union Bank Intervention Funds: NESF and ABP
Central Bank of Nigeria Non-Oil Export Stimulation Facility (NESF) The Central Bank of Nigeria in its bid to diversify the revenue base of the Nigerian economy and to expedite the growth and development of the non-oil export sector, introduced the Non-Oil Export Stimulation Facility (NESF). Redressing Nigeria’s declining export financing as well as re-positioning the […]