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Oradian, ANMFIN Launch New Cloud-Based Microfinance Solution in Nigeria

August 14, 2018/Oradian As part of their shared mission to boost financial inclusion throughout Nigeria, Oradian ( and the Association of Non Bank Microfinance Institution of Nigeria (ANMFIN) ( have… Read more »

Roaring To Life: Growth and Innovation In African Retail Banking

Culled—Proshare August 13, 2018/ By Mckinsey & Company  Africa’s banking markets are among the most exciting in the world. The continent’s overall banking market is the second-fastest-growing and second-most profitable… Read more »

Fidelity Bank, BOI, Ford Foundation Unveils Lending Scheme For Aba Leather Manufacturers

•       Lender Donates Fully Equipped Secretariat To LEPMAAS August 13, 2018/Fidelity Bank Plc Fidelity Bank Plc, top Nigerian lender in strategic partnership with the Bank of Industry (BoI) has launched… Read more »

Re: False Claims Stemming from Video Post

Lagos, August 10, 2018: Our attention has been drawn to a social media video featuring an assault on two people at a Fidelity Bank branch in Lagos. The two individuals… Read more »

CBN Injects $327Million to Boost Interbank Retail Market

August 10, 2018/CBN The Central Bank of Nigeria (CBN), on Friday, August 10, 2018, injected the sum $327,440,499.50 into the interbank retail Secondary Market Intervention Sales. This is in addition… Read more »

Fitch: IFRS 9 No Threat to Nigeria Banks’ Regulatory Capital

23/7/2018/Fitch Ratings Fitch Ratings says in a new report that regulatory capital ratios for rated Nigerian banks are not under threat following the first-time application of IFRS 9 accounting standard…. Read more »

Forex: CBN Intervenes With $210m

Culled—Proshare August 7, 2018/CBN In another round of intervention, the Central Bank of Nigeria (CBN) has injected the sum of $210million into the inter-bank Foreign Exchange Market to ensure the… Read more »

Heritage Bank Achieves PCI DSS Version 3.2 Recertification

5/8/ 2018/Heritage Bank Heritage Bank Plc, ­­­­­­­­Nigeria’s Most Innovative Banking Service provider, has successfully attained recertification of the Payment Card Industry Data Security Standard (PCI DSS) version 3.2, having achieved… Read more »

BoT Places Bank M Tanzania Plc under Administration, Confirmed Insolvent

Culled—Proshare August 3, 2018/By  Brian NGUGI of BusinessDAILY, Kenya Tanzania’s banking regulator, the Bank of Tanzania (BoT), on Thursday placed Bank M Tanzania Plc under administration after it became insolvent…. Read more »

CBN Issues Notice on the Revised Foreign Exchange Manual

August 2, 2018/CBN It will be recalled that as part of a deliberate programme for the liberalization of the Foreign Exchange Market, the Bank in 2006 undertook a review of… Read more »