In the first nine months of last year, the earnings per share (EPS) of FBNHoldings Plc, the parent company of First Bank of Nigeria Limited as well as its profit …
Banking
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Banking
Sterling Bank petitions IGP over court ruling violations, abuse of mational assembly
by Reporterby ReporterNigeria’s leading commercial bank, Sterling Bank Limited, has petitioned the Inspector General of Police (IGP) to address alleged fraudulent activities linked to Miden Systems Ltd and its director, Dr. Brendan …
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BankingCrimeInvestigation
Fraudsters hack Moniepoint system, steal customers’ N1.1bn
by Reporterby ReporterPopular Micronance Bank, Moniepoint is currently battling to recover a N1.1 billion allegedly stolen by fraudsters from the bank. The hacker, Sunday Ozimede, was said to have invaded the …
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AwardBanking
FirstBank bountiful harvest of Awards In 2024 – Testament to excellence and stakeholder trust
by Reporterby ReporterIn the gilded halls of excellence where dreams are crafted into legacies, stands a beacon that blazes across the African financial skyline. This is the story of FirstBank, the timeless …
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BankingBusinessFinanceTech
We remain a driving force for cashless payments adoption in Nigeria – Chika Nwosu, M.D, PalmPay
by Reporterby ReporterThe Managing Director, PalmPay Nigeria– one of Africa’s leading fintech platforms, Chika Nwosu has restated the commitment of the company towards the adoption of cashless payments across the country. Nwosu …
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BankingFinanceNewsTech
Smartphone penetration, internet connectivity innovation pivotal to increased access to mobile money services -M D, PalmPay, Chika Nwosu
by Reporterby ReporterThe Managing Director, PalmPay, Chika Nwosu has identified smartphone penetration, internet connectivity and innovative technologies as key factors that are crucial to increased access to mobile money services in Nigeria. …
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BankingBusiness
Dangote Cement, FBNHoldings, others lift equity market by N53bn
by Reporterby ReporterThe equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty Trust Holding Company, GTCO, …
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AppointmentBanking
Fidelity Bank strengthens leadership with new board appointments
by Reporterby ReporterIn a strategic move to sustain its impressive performance, leading financial institution Fidelity Bank Plc has announced significant changes to its Board of Directors, effective January 14, 2025. …
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BankingFraudInvestigationNews
EFCC arraigns Otudeko, Ex-First Bank MD Onasanya Monday over alleged N12.3bn fraud
by Reporterby ReporterThe Federal High Court sitting in Ikoyi, Lagos has fixed Monday, January 20, 2025, for the Economic and Financial Crimes Commission (EFCC) to arraign the Chairman of Honeywell Group, Chief …
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BankingNewsTech
PalmPay restates commitment to safeguarding finance of app users from Fraudsters
by Reporterby Reporter…identifies ways to Stay Safe from Fraudsters  PalmPay, a leading fintech company has restated its commitment to safeguarding the finances of over 35 million users of the app from fraudsters …