PalmPay has opened a new office at 33 Old Yaba Road, Lagos, reinforcing its commitment to innovation, customer service, and operational growth in Nigeria. The new office represents …
BankingNews
Category:
Banking
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BankingInvestment
FirstHoldCo announces FirstBank has met ₦500 billion regulatory capital requirement
by Reporterby Reporter-Shareholders commit to future injection of more capital to the Group’s other subsidiaries First HoldCo Plc (“FirstHoldCo” or “the Group”) has announced that its commercial banking subsidiary, First Bank …
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Guaranty Trust Holding Company Plc (“GTCO” or the “Company“) has obtained the approvals of both the Central Bank of Nigeria (“CBN”) and the Securities and Exchange Commission to undertake a private …
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Banking
FirstBank hosts Nigeria Economic Outlook 2026, leads conversation on economic growth
by Reporterby ReporterFirstBank, West Africa’s premier financial institution and financial inclusion service provider, is pleased to announce the Nigeria Economic Outlook 2026 scheduled to hold on Tuesday, 6 January 2025. The theme …
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BankingCelebrationNewsTourism
PalmPay launches N400 million world travel carnival, rewarding users with free global trips
by Reporterby ReporterPalmPay, Nigeria’s leading digital banking platform, has announced the launch of its ₦400 million festive rewards campaign, designed to reward users with cash prizes and fully sponsored international travel experiences …
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Banking
CBN revokes licences of Aso Savings, Union Homes as NDIC begins deposit payments
by Reporterby ReporterThe Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, citing persistent regulatory infractions and deepening …
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Banking
How FairMoney Is Powering Financial Inclusion for Nigerian Hustlers
by Wahab Bashirby Wahab BashirUrbanization is reshaping Nigeria’s economic landscape, creating new possibilities for millions of young people who relocate each year in search of opportunity. Cities like Lagos, Kano, and Abuja continue to …
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BankingCelebrationEntertainment
FirstBank powers Mainland Laffs 3.0 to light up Lagos
by Reporterby ReporterThe Balmoral Convention Centre at the Sheraton in Ikeja underwent a remarkable transformation on Sunday December 7th 2025, becoming the epicentre of Lagos Mainland’s entertainment scene as the highly anticipated …
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BankingNews
TeamApt, Moniepoint Sue OPay over alleged data breach and unethical recruitment
by Reporterby ReporterNigerian fintech giant OPay is facing mounting scrutiny after TeamApt Limited and Moniepoint Microfinance Bank Limited jointly filed a lawsuit accusing the company of unethical recruitment practices and compromising confidential …
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BankingNews
CAC to place Opay, Moniepoint on watchlist, report fintechs to CBN
by Reporterby ReporterThe Corporate Affairs Commission, CAC, has warned that it may place leading fintech companies, including Opay and Moniepoint, on its regulatory watchlist for allegedly enabling unregistered Point of Sale (POS) …