Abbey Bank will begin full commercial banking operations in November 2026, expanding into retail banking, SME lending and corporate services after CBN approval.
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"Removed, delete": Nigeria’s richest woman releases statement after allegation of EFCC investigation
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Naira loses against dollar at official foreign exchange market
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Nigerian govt warns as fraudsters develop new methods to hack bank customers' account in one click
The federal government of Nigeria through its agency The Nigerian Deposit Insurance Corporation (NDIC) has sent a not of warning to bank customers on fraud.
5 Implications of Prolonged Naira Scarcity on Nigeria's Economy
The Nigerian Economic Summit Group (NESG) has highlighted some of the implications of a prolonged naira scarcity brought about by CBN's naira redesign policy.
Nigerians Lament Increase in Failed Money Transfers on Bank Apps, USSD, ATMs Amid Naira Scarcity
Nigerian Bank customers are currently lamenting the difficulty they encounter with money transfers using Automated Teller Machines, bank apps and USSD codes.
Rare Patek Philippe watch breaks world record, auctioned for N2.6bn
A rare Patek Philippe wrist watch has been auctioned in Hong Kong for N2.6 billion, the highest amount any timepiece will ever be sold in an online auction.
Tony Elumelu speaks on his journey to becoming a bank owner from an unqualified applicant
Tony Elumelu's message to Nigerian youths-Do it afraid and do it unsure! To the young ones out there, this is my message to you. The world needs your courage.
Dangote makes N460bn in one day, overtakes 2 Russians, one Chinese and Indian on billionaires’ list
Aliko Dangote has earned about N460 billion in one day and defeated Russians, an Indian, and a Chinese on the latest Bloomberg Index on Monday, March 20, 2023.
MTN announces plan to merge finance subsidiaries amid CBN's ban on banking agents' use of PoS terminal
MTN Nigeria is looking at merging its financial companies, Mobile Money Payment Service Bank (MoMo PSB) and Yello Digital Financial Services Limited, soon.
Hundreds of Customers Troop to Banks as CBN Orders Recirculation of Old N200, N500, N1000 Notes
Many banks across Lagos witnessed a huge turnout of customers who had come in the hope of being able to make cash withdrawals, over-the-counter or via ATMs.
Top 10 African cities with the most millionaires in 2022, Lagos ranks 4th with 6,300
Nigeria's commercial city, has been ranked high in the list of cities in African with the highest number of dollar millionaires, billionaires in a new report.
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