…Offers celebrity performance for newly-weds and other gifts for singles, friends and couples* Following the launch of “ALAT: The Evolution”, Wema Bank, Nigeria’s oldest indigenous bank, most innovative and …
Category:
Banking
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BankingFinanceNews
First Holdco Plc – Taking the bull by the horn with a record impairment charge; grows gross earnings to N3.4 trillion
by Reporterby ReporterFor The Unaudited Full Year Ended December 31, 2025 First HoldCo Plc has announced its unaudited financial results for the year ended 31 December 2025, reflecting a year of …
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The traditional banks in Nigeria are not having it easy with the sudden acceptance of Fintech banks among many Nigerians. Many of the regular banks are currently gasping for breath …
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AppointmentBankingLeadershipNews
BOI appoints Olayinka Mubarak as MD of BOI Investment & Trust Company Limited
by Reporterby ReporterThe Bank of Industry (BOI) has announced the appointment of Olayinka Mubarak as the Managing Director of BOI Investment & Trust Company Limited (BOI-ITC), its wholly owned subsidiary. Mubarak …
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BankingFinanceLawNews
Abuse of Court Process: Parallex Bank urges Court to dismiss FHT Mega Express’ N7.15bn suit
by Reporterby Reporter* Alleges forum shopping, suppression of material facts, and multiplicity of proceedings as court fixes February 4, 2026, for hearing A leading new generation financial institution in Nigeria, Parallex …
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Banking
PalmPay and Premier Cool launch “10k for 10k campaign” to reward 10,000 Nigerians with ₦100 million
by Reporterby ReporterPremier Cool, Nigeria’s leading antibacterial cooling bar soap, has announced the launch of its nationwide consumer promotion, “10K for 10K”, in partnership with Palmpay, Nigeria’s leading digital bank. …
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Banking
Why Technology-Enabled Banking Is a Multiplier for Nigeria’s 2036 Goal
by Wahab Bashirby Wahab BashirNigeria is at a defining moment in 2026. After several years of bold macroeconomic adjustments, including foreign exchange unification and structural reforms, the country is moving from stabilization into expansion. …
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BankingNews
PalmPay deepens its long-term commitment in Nigeria with new office at 33 old Yaba road, Lagos
by Reporterby ReporterPalmPay 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 …
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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 …