Category : Banking


Signature Bank Names Alex Alozie Deputy Managing Director

Signature Bank has appointed Alex Alozie as its new Deputy Managing Director, bringing over 20 years of banking leadership experience from institutions like UBA, Access Bank, and Diamond Bank to drive growth and transformation.

NECA Praises FG Over PenCom Board Inauguration

The Nigeria Employers' Consultative Association (NECA) has lauded the Federal Government for inaugurating the National Pension Commission (PenCom) Governing Board, calling it a vital move to enhance governance and transparency in Nigeria's pension sector.

Instant Payment Growth in Africa Leaves 400M Unbanked

AfricaNenda Foundation reports a breakthrough in inclusive instant payments across Africa, with rapid national launches and increased transactions. However, 400 million Africans are still unbanked, highlighting the need for continued digital infrastructur

Lovonus Microfinance Bank Gets New Chairman and ED

Usman Onoja has been appointed as the new chairman of Lovonus Microfinance Bank, succeeding Alfred Okoigun, who transitions to chairman of the Lovonus Group after over a decade of leadership marked by growth and integrity.

NIMN Pushes for Women's Role in Marketing Leadership

The National Institute of Marketing of Nigeria held its inaugural 'Leadhers in Marketing' Conference, emphasizing the need to boost women's impact in integrated marketing communications through mentorship and technology.

CBN Wins Global Central Bank of the Year Award for 2026

The Central Bank of Nigeria has been named Central Bank of the Year at the 2026 Central Banking Awards, recognized for monetary reforms that stabilized Nigeria's economy through exchange rate unification and transparency measures.

Banks Survive Recapitalisation, Insurance Sector in Focus

Nigerian banks have successfully navigated a two-year recapitalisation process, raising over N4 trillion without major disruptions. As the banking sector stabilizes, attention shifts to the insurance industry, where companies are gearing up for their own

Niger Delta Leaders Seek Decentralized Pipeline Contracts

Stakeholders in the Niger Delta urge President Tinubu to decentralize pipeline surveillance contracts, citing failures in current arrangements and significant oil revenue losses, while some communities praise Tantita's efforts.

Compliance to Strengthen Nigeria's Banking Ecosystem

James Edeh of FairMoney highlights how regulatory compliance and digital identity systems are boosting trust and reducing fraud in Nigeria's banking industry, with data showing a decline in identity-related fraud.

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