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Banking

Moniepoint Microfinance Bank Disburses over ₦1 Trillion in Credit to Empower Small Businesses in 2025

Moniepoint microfinance bank has disbursed over ₦1 trillion in credit to thousands of businesses from provision stores and supermarkets to building materials sellers. This highlights...

Summit Bank Commences Full Operations in Nigerian Banking Sector

Nigeria’s newest non-interest financial institution, Summit Bank Ltd, has officially commenced operations with a pledge to deliver ethical, transparent, and inclusive banking services to...

There’s No Need For Separate TIN to Operate Bank Accounts – FIRS

The Federal Inland Revenue Service (FIRS) has dismissed claims that Nigerians must obtain a separate Tax Identification Number (TIN) before they can own or...

FCCPC Report Shows Banking, Fintech Top Consumer Complaints in Nigeria

…as Commission recovers N10bn for aggrieved customers The Federal Competition and Consumer Protection Commission (FCCPC) today released updated data on consumer complaints received and resolved...

GTCO Under Pressure to Show Profit Growth With Stock up 75% Year-to-Date

Guaranty Trust Holding Company (GTCO) stock price has raced to over N100 a share and now pressure is building for a stellar second quarter...

Access Bank Mobile App Down as Users Vent Frustration Online

Access Bank is today trending because of the another network issue and users have resorted to complaining online as they’re unable to complete transactions...

Eight Banks Meet New CBN Capital Requirements Before Deadline

Nigeria’s central bank said about a third of lenders have met its new capital requirements threshold ahead of a March deadline. “Eight banks have fully met...

Bank Stocks Pull Back as Huge Run-up Triggers Profit Taking: Market Wrap

Bank stocks fell on the NGX as investors cashed in after a record-breaking rally sent major financials to multi-year highs. The NGX Banking 10 Index, which...

GTCO Target Price Raised to N98 as LSE Listing Attracts Institutional Money, Higher Multiple

Guaranty Trust Holding Company Plc (GTCO) plans to list new ordinary shares on the London Stock Exchange (LSE) to raise approximately $100.0 million is...

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