C.R.E.A.M platform applauds Sterling Bank for powering creators with financial tools
The C.R.E.A.M Platform (Creative Reality, Entertainment, Arts & Music), a creator-focused direct-to-fan platform founded by Nigerian music icon and entrepreneur Dapo “D’Banj” Oyebanjo, has reaffirmed Sterling Bank’s role in building…
Breaking: Tinubu declares nationwide security emergency, orders massive recruitment into Army, Police
President Bola Tinubu on Wednesday declared a nationwide security emergency in response to the escalating wave of attacks across several states, directing the Armed Forces and the Nigeria Police Force…
CREDICORP named ‘Credit Access Company of the Year’ at 2025 BusinessDay BAFI Awards
The Nigerian Consumer Credit Corporation (CREDICORP) has been named Credit Access Company of the Year at the 13th edition of the BusinessDay Banks and Other Financial Institutions (BAFI) Awards held…
Court dismisses loan fraud charges against ex-First Bank chairman
The federal high court in Lagos has struck out the 13-count charge filed against Oba Otudeko, a former chairman of First Bank of Nigeria (FBN). On Wednesday, Judge Chukwujekwu Aneke…
Tinubu launches National Credit Guarantee Company with ₦100bn, appoints Dogara as chair
President Bola Tinubu has officially launched the National Credit Guarantee Company (NCGC) with an initial capital of N100 billion, aiming to transform access to finance for micro, small, and medium…
Otedola sets ambitious investment goals for First HoldCo, eyes ₦320bn boost, lauds Tinubu’s reforms
Femi Otedola, chairman of First HoldCo Plc, announced that his investment in the financial institution is set to reach N320 billion in cash by the upcoming capital raising round. He…
NDIC begins payment of ₦46.6bn liquidation dividends to Heritage Bank depositors
The Nigeria Deposit Insurance Corporation (NDIC) has started paying N46.6 billion in liquidation dividends to depositors of the defunct Heritage Bank. The funds were realized from the sale of the…
America’s largest bank JP Morgan to begin full banking operations in Nigeria
JP Morgan, America's largest bank, plans to upgrade its Lagos representative office to a full-fledged business branch, marking a significant expansion of its presence in Nigeria and Africa. The bank…
Sterling Bank revolutionizes digital banking with zero transfer fees
In a pioneering move, Sterling Bank has abolished transfer fees on all local online transactions, setting a new standard for customer-centric banking in Nigeria. This bold decision, effective immediately, underscores…
Coming Up: National Credit Guarantee Company: Boosting access to credit for all Nigerians
The federal government is set to establish the National Credit Guarantee Company (NCGC) by the second quarter of 2025, aiming to increase access to credit for individuals and critical sectors…