MD/CEO, Dr. OLUFEMI BAKRE Tells City People Dr. Olufemi Bakre is the MD/CEO of Parallex Bank. He has recorded astonishing results, turning the fortunes of Parallex Bank around in just …
Category:
Banking
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BankingNews
Another milestone achieved: Firstbank disburses N1b in one day, through Agent Credit Scheme by Tosin Ajayi
by Reporterby ReporterFirstmonie Agent Credit Scheme is a FirstBank’s digital lending solution designed to empower a wide range of low-income individuals who face barriers in accessing traditional credit channels. This innovative program …
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BankingCSR Initiative
PalmPay unveils ‘Passing the Baton’ CSR initiative to drive financial inclusion in the North
by Reporterby ReporterIn a strategic move to expand financial inclusion in Nigeria, leading mobile banking platform, PalmPay has launched a series of CSR programs across Kano and Kaduna. The CSR initiative named …
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BankingFraud
N95m Fraud: Moniepoint, Kuda, Opay other CEOs risk prison for defying court orders
by Reporterby ReporterPRO International Concept Ltd. has filed an application at the Federal High Court in Lagos seeking to commit the managing directors of several banks to prison for contempt of court. …
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Banking
EXCLUSIVE: Fidelity Bank MD engages in insider trading amid N225Billion court judgment pressure – Sources
by Reporterby ReporterThe Managing Director and Chief Executive Officer (MD/CEO) of Fidelity Bank, Dr. Nneka Onyeali-Ikpe, is reportedly engaged in insider trading by purchasing 18 million shares of the bank at N20.25 …
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Banking
When legacy meets preparedness – Olusegun Alebiosu as CEO, Firstbank Group by Aniekan Ezekiel
by Reporterby ReporterWhat happens when legacy meets preparedness? What results from such a combination? Let us not be in a hurry to put forward any answers yet. Instead, let us consider first …
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BankingBrands
Access Bank retains title as Nigeria’s most valuable brand for fourth consecutive year
by Reporterby ReporterAccess Bank PLC has once again emerged as Nigeria’s most valuable brand, securing the top position for the fourth consecutive year in the latest “Nigeria 25 2025” ranking by Brand …
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BankingCrime
Premium Trust Bank manager, four others arraigned for allegedly hacking bank’s server
by Reporterby ReporterA Federal High Court in Lagos has ordered the remand of five persons, including a bank manager and a nursing mother, over allegations of hacking into the server of Premium …
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PalmPay, Africa’s leading mobile financial platform, has announced Amarachi Ujunwa Nwakire as the grand prize winner of its Wealth Wish Campaign, rewarding her with a N3,000,000 cash prize. …
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The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 2, has arrested a staff member of Ecobank Plc, Solomon Stephen Ufayo, for alleged involvement in cybercrime amounting to N2,404,000. …