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FirstBank Named Best Bank in Nigeria at the Global Finance World’s Best Banks 2018

October 16, 2018/First Bank of Nigeria First Bank of Nigeria Limited, the premier Bank in West Africa and the leading banking services solutions provider in Nigeria has been presented with… Read more »

Money Market Rate Decreased Marginally as OVN and OBB Fell to 19.75% and 19.17% Respectively

Culled—Proshare October 15, 2018/Anchoria AM Research Money Market  The money market rate decreased marginally last week as the Overnight rate (OVN) and Open Buy Back (OBB) fell to 19.75% and… Read more »

FirstBank Boosts Technological Advancement in Banking, Sets to Host Fintech Summit

October 11, 2018/FirstBank In line with its corporate strategy to drive transformation through its products, processes and services, FirstBank has announced a 3-day FINTECH summit themed the future of banking… Read more »

AMCON Wants Polaris Bank Sold in Two Years

October 11, 2018/Punch Feyisayo Popoola with agency report The Asset Management Corporation of Nigeria has said it wants a quick sale of Polaris Bank, the lender created to take over… Read more »

Quickteller Paypoint Effects Charge-Free Transactions for Customers

October 9, 2018/mediacraft Interswitch Financial Inclusion Services (IFIS), trading as Quickteller Paypoint, has announced partnerships with key billers in various sectors (Betting, Energy and Electricity, Cable) Companies that will enable… Read more »

Fidelity Bank Launches GAIM Season 3 Promo to Boost Savings Culture in Nigeria

Culled—Proshare October 8, 2018/Proshare WebTV  In furtherance of its drive to boost a national savings culture in Nigeria, Fidelity Bank Plc today announced the launch of the Season 3 phase… Read more »

FirstBank Promotes Financial Inclusion, Launches XploreFirst Savings Promo for Students

October 8, 2018/FirstBank Nigeria In alignment with its financial inclusion drive, First Bank of Nigeria Limited has announced a promotional campaign aimed at rewarding its youth segment customers for using their… Read more »

Renmoney Emerges Winner of Microfinance Excellence Award

October 8, 2018/Mediacraft Renmoney, a Nigerian consumer lending company, has emerged the winner of the ‘Award for Excellence in Microfinance Banking’. The award was presented at the 8th edition of the… Read more »

Paxful looking at Cryptocurrency’s Potential in East Africa

October 8, 2018/Paxful The need for investing in Cryptocurrency is steadily rising in East Africa; specifically Kenya as more and more people are gradually gaining trust/confidence in the use of… Read more »

Interest Rate Hike in US, Hold in Nigeria: What Next?

Culled—Proshare 6/10/2018/ FSDH Here is the monthly Economic and Financial Market Outlook Report for the month of October 2018 from FSDH for your information. The major highlights of the report:… Read more »