Finance & Banking

Why Nigerian fintech firms are facing regulatory issues – AFN president

President of the Africa Fintech Network (AFN), Dr. Segun Aina, has said that some of the regulatory issues facing fintechs in Nigeria are due...

NDIC raises deposit insurance coverage for bank customers in Nigeria to N5 million

The Nigeria Deposit Insurance Corporation (NDIC) has announced a substantial increase in the maximum deposit insurance coverage levels across various banks.   Effective immediately, the new...

CBN stops Opay, Kuda, Palmpay, Moniepoint from boarding new customers

Four Nigerian fintech companies have been directed by the Central Bank of Nigeria (CBN) to suspend onboarding new customers.   The affected fintech are OPay, Palmpay,...

BRANDED: KayiApp: Revolutionizing Banking with its Cutting-Edge Super App

In the rapidly evolving landscape of digital banking, KayiApp has emerged as a game-changer that is reshaping the way people manage their finances. Unveiled...

First Bank appoints Olusegun Alebiosu as acting CEO, effective immediately

First Bank of Nigeria Limited has announced the appointment of Mr. Olusegun Alebiosu as its Acting Chief Executive Officer, effective immediately. This development follows the...

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