At VFD Microfinance Bank, Valentine's Day isn't just about romantic dinners and heartfelt gestures. It's about spreading love and joy in every way possible. This year, VFD MFB embarked on a heartwarming Valentine's campaign “This Kind Love”  that touched the lives of their customers, staff, and community in meaningful ways. As a token of appreciation…

In a recent digital media publication titled “Africa's FinTech Sector: The Youth, Mobile, and the New Money Trail” accompanied by a communication on X (formerly Twitter) by UNIPESA, a financial services company based in Dubai, United Arab Emirates, the transformative role certain financial technology institutions play within the ecosystem, especially in Africa was pinpointed, and…

Fresh off his return to the Forbes Africa Billionaires list after a seven-year hiatus, Otedola, with a net worth estimated at $1.1 billion, takes the reins from Ahmad Abdullahi. His appointment, effective immediately, follows a board meeting held earlier today. This news adds an intriguing layer to the ongoing saga surrounding FBN Holdings. In mid-2023,…

Following the Central Bank of Nigeria's appointment of Hassan Imam as Keystone Bank's new Managing Director and CEO, the retail lender has reassured its stakeholders, including customers and partners across the country of unhindered and smooth running of its operations. In a statement released on Friday, the bank noted that it would continue to operate…

Titan Trust Bank has debunked media reports alleging illegalities in the acquisition of Union Bank of Nigeria Plc. In a statement by the management of the bank made available to the media on Sunday, the lender insisted that the transaction followed due process and met all regulatory requirements, including that of the Securities and Exchange…

In a captivating address delivered at the 7th National Conference of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) held in Abuja on November 22nd, Mr Deremi Atanda, Managing Director of Remita Payment Services Limited (RPSL), outlined a human-centric approach to agency banking as a cornerstone for advancing financial inclusion nationwide. The…

•FITC urged Nigerian banks to strengthen their security protocols Financial institutions, especially commercial banks in the country have lost N5.7 billion to fraud as in the second quarter of this year. According to FITC in its Q2 Fraud and Forgeries Report, a total of 11,679 cases were reported and when compared to 12,553 cases recorded…

In the ever-evolving landscape of the financial industry, banks are facing unprecedented challenges that demand a paradigm shift in their approach. With a wave of innovative new technology companies such as PayPal, Venmo, Chime, Acorns, Betterment, SoFi, Square, Cash App, Stripe, and Plaid that bring the kind of speed and flexibility customers simply can’t do…