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...
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...
