First Bank named Nigeria’s strongest brand in 2026 by Brand Finance
First Bank, West Africa’s premier financial institution and financial inclusion service provider, has been recognised as the strongest brand in Nigeria in the “Nigeria 25 2026” ranking by Brand Finance, a leading independent brand valuation and strategy consultancy. The Bank achieved an AAA+ rating, the highest possible distinction, underscoring its unmatched brand strength and leadership […]
CIBN de-registers Cecilia Ibru
The Chartered Institute of Bankers of Nigeria (CIBN) has struck-out the name of Mrs. Cecilia Ibru, former Managing Director/Chief Executive, Oceanic Bank International Plc and an Honorary Fellow of the Institute from her Register of members.
Banks to save N192bn with cash-lite banking in 2012
Nigerian banks are expected to cut down on operating expenses significantly from next year through a cost trimming process emanating from the deployment of cash-lite and e-payment transactions system.
Mainstreet Bank appointed collecting bank for FIRS
Mainstreet Bank Limited has been appointed an agent for tax collection and other remittances by the Federal Inland Revenue Services (FIRS).
ATM fraud drops by 99% as CBN sets up E-Fraud Forum
The introduction of chip and pin payment cards has lead to 99 per cent drop in ATM card fraud, says Central Bank of Nigeria (CBN)
Access Bank to drive cashless economy with CIU
Access Bank Plc said its ongoing Customer Information Update, CIU, programme will play a major role in driving and ensuring the success of the cashless economy and electronic-banking initiatives.
CeBIH calls for public support of cashless policy
Committee of e-Banking Industry Heads in Nigeria (CeBIH) has called on Nigerians to support the cashless policy of the Central Bank of Nigeria.
Operation cashless: Interswitch speeds up card activation with Instant PIN
Operation cashless policy introduced by the Central Bank of Nigeria (CBN) has been enchanced through the release of the instant selectable PIN solution by Interswitch, the pan-African integrated transaction and payment processing company.
2012 Budget: Expect tough economic conditions next year
Nigerians should brace up for tough and unfavourable economic conditions in the year 2012 and beyond, says economists, financial analysts and operators in the Nigerian financial market.
CBN maps out strategy to check frauds in electronic payment
The Central Bank of Nigeria (CBN) says it will ensure that banks are equipped with sophisticated ICT fraud detectors to check frauds through electronic payment. Mr. Tunde Lemo, the CBN Deputy Governor, Operations, made this known at a seminar on cash-lite economy for banks executives in Lagos.
Capital market operators differ on implications of 2012 federal budget
Some capital market operators last Thursday expressed different views on the likely effects of the 2012 Federal Budget on the capital market. They expressed their views in separate interviews with the News Agencuy of Nigeria (NAN) in Lagos. Alhaji Rasheed Yussuf, the Chairman of Association of Stockbroking Houses of Nigeria (ASHON), said that the budget would lead to market growth if properly implemented.
