Banks’ making more profits from fintech adoption than physical branches—Akano
Upon the trending fears that payment service providers relying on financial technology (FintTech) are becoming serious threats to conventional banks in Nigeria, latest findings have shown that banks earned more revenue in the last financial year from adoption of FinTechs….
Revealed: Sterling Bank, BADEA loan deal targets Arab products for AfCFTA
Ahead of final decision by the Federal Government to sign and ratify the Africa Continental Free Trade Area (AfCFTA) agreement, the Arab Bank for Economic Development in Africa (BADEA) and Sterling Bank Plc., has sealed a $65 million (about N23.4…
Banking regulators’ need synergy of policy rollout to end conflicting regulations—Ambah
One of the key frustrating factors in the regulation of Nigeria’s banking and financial sub sector of the Nigerian economy has been conflict of policy regulations over the years and the problem has been the cause of instability and associated…
Judge absence stalls Oduah’s $16.4m debt suit against bank, adjourned Nov. 8
The absence of trial judge, Justice Ayokunle Faji of the Federal High Court on Thursday, in Lagos has caused the adjournment for further hearing till November 8, 2017 in an alleged debt recovery suit filed against a former Minister of…
CBN 2010 Directive: WEMA, Sterling banks now shopping for CEOs
Relying on the extant directive issued vide a circular to all banks by the Central Bank of Nigeria (CBN) in January 2010, there is no doubt that the managements of Wema Bank Plc. and Sterling Bank Plc. are on search…