Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Financial Services 1 min
GTBank announces 50% hike in SMS alert fee, effective May 1 
By Rosalia Ozibo
Breaking News 1 min
CBN sells another N804.85 billion in OMO bills hit 111% subscription  
By Tobi Tunji
Financial Services 1 min
Zenith Bank not under pressure to raise more money after exceeding N500 billion capital requirement – CEO Adaora Umeoji 
By Israel Ojoko
Financial Services 1 min
CBN directs banks to adopt PAPSS for transaction processing 
By Tobi Tunji

More Stories

Equities

Nigerian banks earn N5.93 trillion from investing in Treasury bills, OMO bills, others in 2024 

Financial Services

NDIC begins N46.6 billion liquidation dividend payments to defunct Heritage Bank depositors 

Exclusives

Nigerian banks spent N518.5 billion on IT in 2024 as digital banking, cybersecurity drive boom

Exclusives

Debtors incur N8.4 trillion in interests payments to Nigerian banks in 2024

Exclusives

Trademark war between Zap Africa and Paystack raises red flags over IP gaps in Nigeria’s tech space 

Financial Analysis

Government earned N1.2 trillion from Nigerian banks in 2024, more than shareholders 

Company News

Flutterwave, Yellow Card, join Circle Payments Network to facilitate global payments with stablecoins 

Exclusives

Which Nigerian banks pay their staff the most and the least in 2024 

Economy

Money supply rises to N114.2 trillion in March amid soaring inflation 

Financial Services

Nigeria’s net foreign exchange inflow drops to $4.79 billion in January 2025 – CBN report