Banking
Six years after rollout, fintechs are frustrated with CBN GSI gaps
Microfinance banks, fintechs and digital lenders say gaps in Nigeria’s loan recovery framework are worsening defaults, six years after the...
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Access Bank confirms collapse of acquisition bid for Bidvest Bank
Access Bank has confirmed the collapse of its proposed acquisition of South Africa’s Bidvest Bank, ending a transaction that was...
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Access Bank’s bid to acquire South Africa’s Bidvest Bank collapses
Access Bank’s proposed acquisition of a 100 percent stake in South Africa’s Bidvest Bank has collapsed after the parties failed to secure...
Read moreDetailsCBN, NCC plan regular audits of banks, telcos over airtime failures
The Central Bank of Nigeria and the Nigerian Communications Commission are proposing regular joint audits of banks, telecom operators and...
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BoI secures CBN approval to operate non-interest banking window
The Bank of Industry (BoI) has secured regulatory approval from the Central Bank of Nigeria (CBN) to operate a Non-Interest Banking (NIB)...
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FCMB, Wema, FirstHoldCo file early as NGX Q4 filings split banks
Nigeria’s listed banks have begun releasing their fourth-quarter earnings, with early filers opting for the Nigerian Exchange’s (NGX) 30-day interim...
Read moreDetailsCBN injects over N1.7 trillion liquidity via cumulative repayments in early February
The Central Bank of Nigeria injected more than N1.7 trillion into the banking system in the first week of February...
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How open banking could reshape digital lending in Nigeria—FairMoney MD
In this interview with Nairametrics, FairMoney’s Managing Director, Henry Obiekea, reflects on the company’s journey, the rapid transformation of Nigeria’s digital lending market, the...
Read moreDetails10 things Nigerian fintechs want from CBN to be successful
Nigeria’s fintech operators have laid out clear expectations for the Central Bank of Nigeria as the regulator charts the next...
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First HoldCo jumps 10% to N45.15, shrugging off post-earnings rout
Shares of First HoldCo Plc rebounded sharply on Tuesday, climbing nearly 10% to close at N45.15 per share on the...
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