Unity Bank Launches GenFi, Targets Children, Teens with Gamified Banking Platform
In a bold move to redefine promotion of financial literacy, Nigeria’s retail lender, Unity Bank Plc, has unveiled GenFi, a new digital banking platform tailored to empower kids and teenagers…
Moniepoint & AfriGO to Distribute 5 Million Cards, collaborate on Tap to Pay solutions
L-R Managing Director, Moniepoint MFB, Babatunde Olofin; Chief Operating Officer, AfriGOPay Financial Services, Ugo Obasi; MD/CEO, AfriGOPay Financial Services, Ebehijie Momoh and Co-Founder and Group CEO, Moniepoint Inc, Tosin…
Access Bank to Host Pioneering Africa Trade Conference in Cape Town
By Kayode Ogunwale Access Bank PLC is set to host its first-ever Africa Trade Conference (ATC), a landmark event focused on advancing Africa’s economic transformation under the theme, ‘Empowering Africa…
Wema Bank to raise Fresh N200bn for Recapitalization
By Kayode Ogunwale Wema Bank Plc has announced its intention to raise additional capital to complete a significant capital raise. The bank intends to achieve this through a strategic combination…
CBN fines 9 banks N1.35bn for failing to dispense cash via ATMs
By Kayode Ogunwale The Central Bank of Nigeria (CBN) on Tuesday announced the imposition of a substantial sanction amounting to billion against nine Deposit Money Banks operating within the nation.…
Naira depreciates by 0.3% to N1,539.39 per dollar
The Naira recorded a slight loss at the official market on Wednesday, trading at N1, per dollar. Data from the Central Bank of Nigeria (CBN) showed that the Naira closed…
Access Bank signs agreement to acquire 100% equity stake in South Africa-based Bidvest Bank
By Kayode Ogunwale L-R: Seyi Kumapayi, Executive Director African Subsidiaries, Access Bank Plc and Mpumi Madisa, Chief Executive Officer, Bidvest Group at the signing ceremony for Access Bank's proposed acquisition…
Access Bank UK to strengthen Europe-Africa trade ties with launch of Access Bank Malta
Managing Director/Chief Executive Officer of Access Bank, Roosevelt Ogbonna Access Holdings Plct today announces that its banking group’s, subsidiary, The Access Bank UK Limited has established its first fully…
Greenwich Merchant Bank appoints Benson Ogundeji as Managing Director/CEO
Benson Ogundeji The Board of Directors of Greenwich Merchant Bank Limited has announced the appointment of Mr. Benson Ogundeji as its substantive Managing Director/Chief Executive Officer, following the receipt of…
Unity Bank to Boost Savings Culture with New App as MD Tasks Students at World Savings Day
In a bid to promote a savings culture and enhance financial literacy among young Nigerians, Unity Bank Plc has announced plans to launch a new app for children and teenagers…