MTN’s Fintech Partners with Saana Capital, Enabling MoMo Users to Seamlessly Send and Receive Money Across Africa
MoMo Payment Service Bank (PSB) has entered into a strategic collaboration with Saana Capital, an internationally licensed cross-border company authorized by the Central Bank...
Report: Bank Fraud Causes N6 Billion Loss Over Six-Month Period
In the first half of 2023, Nigerian banks faced a surge in fraudulent activities, encompassing mobile, computer/web, and Point of Sale (POS) fraud cases,...
Jaiz Bank discloses changes made to its board and management lineup.
Jaiz Bank has undertaken a comprehensive overhaul of its board and management structure, aligning with its fresh strategic direction in accordance with two recent...
In July, the gap between lending and savings rates expanded by a significant 22.14%.
The disparity between the highest lending rate and the interest rate for savings deposits within the banking sector expanded by 22.14% in July.
The savings...
Falana files a lawsuit against CBN, alleging that the floating of the naira is ‘unlawful’.
Prominent human rights lawyer, Femi Falana, SAN, has strongly criticized the decision by the Central Bank of Nigeria to allow the naira to float...
