Zenith Bank
Providus to absorb Unity bank in landmark merger amid CBN recapitalisation drive
Providus Bank and Unity Bank are in advanced merger talks, which will see Providus completely absorb the operations and identity of Unity Bank to beat CBN's deadline
CBN’s 60-day PoS geo-tagging deadline stirs reactions from operators
Point-of-sale (PoS) operators have warned the Central Bank of Nigeria against the hasty implementation of geo-tagging all terminals in Nigeria in 60 days.
CBN sets October 2025 deadline for banks, Fintechs to adopt ISO 20022, geo-tag PoS terminals
The Central Bank of Nigeria (CBN) has mandated banks, mobile money operators, and super agents to migrate to the ISO 20022 payment messaging standard.
N900bn Boost: Nigeria’s banking sector set for fresh capital inflow as recapitalisation heats up
Nigerian ratings agency, Augusto & Co., has projected a N900 billion capital injection into the Nigerian banking industry as the CBN recapitalisation deadline nears.
CBN issues new location rule for PoS operators, mandates terminal tracking
The Central Bank of Nigeria (CBN) has imposed a 10-metre radius location on PoS operators and also mandated geo-tagging of terminals to curb fraud.
Three-year-old Nigerian bank overtakes First Bank, Union Bank in CBN recapitalisation race
PremiumTrust Bank, a three-year-old Nigerian bank, has met the N200 billion recapitalisation target set by the Central Bank of Nigeria (CBN) ahead of time.
Why women have an edge when it comes to doing business in Nigeria - Funke Oshin-Akano
Nigerian women have shown that they have what it takes to survive in Nigeria despite the challenging conditions, according to brand strategist, Funke Oshin-Akano.
Top 10 dividend-paying banks in Nigeria: How CBN’s recapitalisation could change your returns
The bullish run of Nigeria's capital market has thrown up some strong dividend-paying banks, which have largely met CBN's recapitalisation target.
Investors hunt for BUA Cement, others as First Bank set to dispose of shares after Otudeko’s exit
The Nigerian Exchange Limited (NGX) has once again improved for the 22nd consecutive trading day as First Bank moves to dispose of shares after Otudeko’s exit.
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