58% Nigerians Dump Traditional Banks for FinTechs – KPMG
The growth witnessed by some major payment service firms such as Opay, Palmpay and Moniepoint due to the scarcity created by the CBN policy on[more...]
Tag: #banks
Bank CEOs, Others in Merger, Acquisition Talks
Indications emerged on Saturday that the chief executive officers and other top executives of Deposit Money Banks had begun moves to raise fresh capital to[more...]
Nigerian Banks Record ₦265bn in Revenue From e-Business
When compared with the total sum of ₦213.204 billion recorded in 2022, the banks’ revenue earned from e-business during the same period in 2023 increased[more...]
FIRS Appoints MTN, Airtel, Banks to Withhold VAT
MTN, Airtel, as well as money deposit banks in Nigeria have been appointed by the Federal Inland Revenue Service (FIRS) to withhold Value Added Tax[more...]
Banks Lose over N5Bn to Cyber Fraud in 9 Months- NIBSS
The Nigeria Inter-Bank Settlement System Plc (NIBSS) has said that over N5bn was lost to fraudulent activities in the Nigeria Banking sector from January to[more...]
