Finance & Banking

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...

Heritage Bank’s Head Office Shut Down Over Sack Of Over 1,000 

The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE), has shut down Heritage Bank’s head office in Lagos following the sack of...

BDCs now buying dollars at N980/$, naira appreciating faster than expected – ABCON President confirms

The Association of Bureau De Change Operators of Nigeria (ABCON) said that as of Tuesday, the Bureau De Change (BDC) operators were buying dollars...

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