First HoldCo Sells FBNQuest to EverQuest in Banking Deal
First Bank's parent company completes sale of FBNQuest Merchant Bank to EverQuest Acquisition LLP, marking significant restructuring in Nigeria's banking sector. Learn the details.
Category : Search result: banking news
Bank78 MFB: Nigeria's First Private Digital Bank Launches
Bank78 MFB launches as Nigeria's first fully private digital bank, offering premium banking experience for mass-affluent Nigerians. Licensed by CBN and insured by NDIC.
16 Banks Meet CBN Recapitalisation Target
CBN reveals 16 banks have successfully met recapitalisation requirements as Governor Cardoso updates on monetary policy, forex gains, and economic progress.
CBN to ban serial bounced cheque issuers for 5 years
CBN proposes 5-year ban for serial dud cheque offenders to restore confidence in Nigeria's payment system. Stakeholders have 3 weeks for feedback.
CBN Proposes 5-Year Ban for Dud Cheque Offenders
Nigeria's Central Bank plans five-year banking restrictions for customers issuing bounced cheques three times. Banks face heavy fines for non-compliance. Read details.
PalmPay USSD Codes Guide: Transfer & Balance Check
Learn all PalmPay USSD codes for account opening, balance checking, money transfers and bill payments without internet. Complete 2024 guide for Nigerian users.
Union Bank Save & Gain: Win ₦5 Million & Cash Prizes
Union Bank's new Save & Gain campaign rewards customers with cash prizes up to ₦5 million for maintaining accounts and using digital channels. Learn how to participate.
FG Denies Ordering Nationwide School Closure
Federal Government denies circulating reports about school closures starting November 24, 2025. Ministry confirms fake news, urges public to verify information from official channels.
GrabrFi Offers US Bank Accounts to Nigerian Freelancers
Nigerian freelancers and professionals can now open US bank accounts with GrabrFi to receive USD payments without fees, avoid currency devaluation, and access global financial tools for their borderless careers.
POS Agent Mistakenly Debits N257k Instead of N25,700
A Nigerian man received N257,000 debit alert instead of N25,700 from POS operator. Discover the unexpected reaction and why this story went viral. Watch the video now!
CBN Warns Against Illegal Zuldal Microfinance Bank
Central Bank of Nigeria exposes Zuldal Microfinance Bank operating illegally in Lagos, Abuja, Kano, and Kaduna. Verify financial institutions on CBN website before banking.
Mr Macaroni Fires Back at Defilement Allegations
Nigerian comedian Mr Macaroni strongly denies defiling a minor, calls it political attack. He vows legal action against accusers. Read full details.
Iyabo Ojo Denies Abuja Arrest Rumors, Curses Critics
Nollywood actress Iyabo Ojo debunks false arrest rumors in Abuja, curses rumormongers in fiery TikTok live session. Read her full reaction and fan responses.
Iyabo Obo Curses Rumormongers Over Fake Arrest News
Nollywood actress Iyabo Obo addresses false arrest rumors in Abuja during emotional TikTok live, cursing those spreading fake news for clout and money. Read full details.
Zenith Bank to Acquire Paramount Bank in Kenya
Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.
AIHN Honors Resilient Nigerian Companies Amid Challenges
Association of Issuing Houses of Nigeria recognizes companies thriving despite economic headwinds. See award winners and market outlook for 2025.
Opay USSD Codes Guide: All Banking Services via *955#
Learn how to use Opay USSD code *955# for banking without internet. Complete guide for transfers, balance checks, data purchase and account activation in Nigeria.
Pusha T Announces Second Child With Wife Virginia
Rapper Pusha T and wife Virginia Williams are expecting their second child, a baby boy. The couple shared the exciting news on Instagram with heartfelt posts.
CBN Rate Hikes Boost Fixed Income Demand in Nigeria
CBN's aggressive 875bps interest rate hikes in 2024 dramatically increased demand for fixed income instruments while crowding out private sector borrowing. Discover key market impacts.
Iyabo Ojo's Viral Response to Baba Ijesha Release
Nollywood star Iyabo Ojo breaks silence with hilarious male character skit after Baba Ijesha's prison release. Watch her epic comeback that got fans talking!
Obiano Alive: Ex-Commissioner Denies Death Rumours
Former Anambra Commissioner Don Adinuba confirms ex-Governor Willie Obiano is alive, dismissing false death reports. Get the full story and facts here.
Naira Visa Cards Boost Cross-Border Spending Confidence
Nigerians can now spend globally with confidence using Naira Visa cards. Secure transactions, fraud protection, and seamless payments for education, business, and travel needs.
Islamic Banks in Nigeria Increase to Five with New Entry
Summit Bank Limited begins operations as Nigeria's fifth Islamic bank, expanding Sharia-compliant financial services accessible to all Nigerians regardless of religion.
Wema Bank Holds Walk-In Interviews for Job Seekers
Wema Bank invites job seekers for nationwide walk-in interviews from Nov 17-21, 2025. Positions available for Commercial Relationship Management Officers. Bring your CV and credentials.
Lady Mistakenly Sends N150k to Suya Seller, Gets Refund
A Nigerian woman accidentally transferred N150,000 to her suya vendor instead of her Piggyvest account. The honest seller promptly refunded the money, sparking positive reactions online.
Tokunbo Abiru's Journey to Senate
Discover how Mukhail Tokunbo Abiru transitioned from a distinguished banking career to becoming the Senator representing Lagos East. Learn about his 'Doing Good' initiatives and political impact.
Nigerian Bank to Close Accounts Under N7.5M Balance
Standard Chartered Bank Nigeria will close customer accounts with less than N7.5 million in February 2026. Learn about the new requirements and branch closures affecting personal banking customers.
Standard Chartered Nigeria Closing Branches from 2026
Standard Chartered Bank Nigeria announces branch closures starting January 2026 as part of digital transformation strategy. Bank confirms meeting CBN's N200bn capital requirement early.
Banks Warn Customers About New Fraud Methods
Ecobank, First Bank, and Wema Bank alert customers about sophisticated scams using fake apps and pop-ups to steal banking details. Learn how to protect your accounts.
Emergency USSD Codes: Block Bank Account If Phone Stolen
Critical security guide: Learn the emergency USSD codes to instantly block your UBA and Zenith Bank accounts when your phone is stolen. Protect your funds immediately with these simple steps.
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