Parallex Bank Limited has successfully completed the recapitalisation requirement of the Central Bank of Nigeria, surpassing the ₦50 billion minimum capital threshold for regional commercial banks. The milestone …
Banking
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BankingNews
Police dock four Richway Microfinance Bank staff over ‘₦182.3m fraud’
by Reporterby ReporterFour employees of Richway Microfinance Bank Limited have been arraigned before the Federal High Court of Nigeria in Lagos over an alleged fraud of ₦182,302,151.75 against a bank customer. …
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AwarenessBankingEmpowerment
Purple Woman 3.0 Is Back: Empowering women in tech this IWD 2026
by Reporterby ReporterThis International Women’s Day 2026, the world is saying “Give to Gain.” PalmPay is turning this message into action by empowering young women with the skills and resources to thrive …
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BankingEmpowerment
Wema Bank announces top 10 nominees for Sara Gives To Empower Her award
by Reporterby ReporterWema Bank, Nigeria’s oldest indigenous, most innovative and pioneer of Africa’s first fully digital bank, ALAT, has announced the Top 10 nominees for its women-focused award initiative, SARA Gives to …
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Banking
From dinner to spontaneous trips, PalmPay couples show how love is funded digitally
by Reporterby ReporterPalmPay users took to the #LoveWithPalmPay campaign to show how experiences are powered through seamless banking. It’s the month of love and social media has been filled with …
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Sustainability has become a critical priority for businesses and governments worldwide, driving growth, innovation, and positive change. As the world grapples with climate change, social inequality, and economic uncertainty, organisations …
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SMEs are widely regarded as the engine of economic growth. According to the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), in 2025, Nigerian SMEs continued to anchor the …
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AwarenessBankingNews
Wema Bank to host 2026 International Women’s Day event on March 4th
by Reporterby ReporterAs International Women’s Day [IWD] draws near, Wema Bank, Nigeria’s oldest indigenous bank, most innovative and pioneer of Africa’s first fully digital bank, ALAT, has announced its 2026 IWD Grand …
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BankingDating & RomanceRelationship
Wema Bank set to sponsor celebrity performance at couple’s wedding
by Reporterby ReporterIn the spirit of the season of love, Wema Bank has announced the couple who will be getting a special celebrity artiste performance at their wedding on Valentine’s Day, February …
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BankingRelationship
PalmPay celebrates Valentine’s with #LoveWithPalmPay campaign
by Reporterby ReporterThis Valentine’s Day, PalmPay is celebrating love in all its forms with the launch of #LoveWithPalmPay, a campaign highlighting how simple, everyday shared money moments can bring relationships closer. …

