Banking in Nigeria

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Strong Demand For Banking Stocks Boosts Equity Market By N16bn

In a display of investors’ confidence in the banking sector, the equity market yesterday experienced an upswing, surging by N16 billion. The driving force behind this gain was the robust buying pressure witnessed in banking stocks, creating a positive outlook for the

October 19, 2023

CBN Orders Nigerian Banks To Lift Restriction On Accounts Of Crypto, Other Firms

Business

CBN Orders Nigerian Banks To Lift Restriction On Accounts Of Crypto, Other Fintech Firms

The post-no-debit restriction placed on accounts belonging to crypto exchange, Yellow Card Financial, Fintech firm, Rise Vest Technologies Limited and over 400 companies will be vacated, according to the Central Bank of Nigeria (CBN). The CBN said a total of 440 individuals

July 26, 2023

Business·News

Lagos Court Hits Ecobank With ₦‎72.2 billion Damages For Honeywell

The legal dispute between Honeywell Flour Mills and Ecobank has been a subject of significant attention within the business community for almost a decade, with the Federal High Court in Ikoyi providing a new chapter to the story by awarding a staggering

July 19, 2023

Opinion

Fintechs, Financial Inclusion And Regulatory Challenges

The meteoric expansion of Nigeria’s financial services industry and the evolving nature of modern banking in the last ten years due to the rapid advancement of technology has led to unexpected regulatory and legal challenges. The fusion of traditional banking with fintechs

June 3, 2023

Sterling Bank customer laments N20 million debit on cvorporate account

Business·News·Top Stories

Sterling Bank Customer Laments N20 Million ‘Illegal Debit’ On Corporate Account

Bank Says It’s ‘System Failure’ UK-based customer of Sterling Bank, Mr Ben Emeka Uzokwe, has told Prime Business Africa (PBA) the story of how his Nigerian corporate account was allegedly debited by N20 million on Friday June 2, 2023 without the company

June 3, 2023

Business·Opinion

Poor Banking Services And Customers’ Experience During The Holidays

A viral video of Daddy Freeze, the radio talk show host (real name: Ifedayo Olarinde) pillorying Zenith Bank for his inability to withdraw cash from the bank’s ATM over the holidays has struck a chord with many customers. In the video, Daddy

January 5, 2023

Business·Opinion

Union Bank’s Year 105 In Review – Friday Atufe

2022 was a remarkable year for Union Bank of Nigeria (“Union Bank”). The bank celebrated its 105th year of serving Nigerians with the announcement of the completion of a landmark transaction that saw the integration of the Bank with Titan Trust bank

December 23, 2022

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Strong Demand For Banking Stocks Boosts Equity Market By N16bn

CBN Orders Nigerian Banks To Lift Restriction On Accounts Of Crypto, Other Fintech Firms

Lagos Court Hits Ecobank With ₦‎72.2 billion Damages For Honeywell

Fintechs, Financial Inclusion And Regulatory Challenges

Sterling Bank Customer Laments N20 Million ‘Illegal Debit’ On Corporate Account

Poor Banking Services And Customers’ Experience During The Holidays

Union Bank’s Year 105 In Review – Friday Atufe

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