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5969 results for "nigerian banking"
After a decade of offering specialized financial services, Nigerian fintech companies are expanding into full-service banking to better serve millions once excluded from the financial system. The shift mirrors the traditional banks they once challenged, but with speed and accessibility that's transforming lives.
After four decades in corporate banking, Foluke Alakija is channeling her expertise into something she wished existed throughout her career: a bank designed specifically to empower women. Her mission is simple but powerful: women don't lack potential, they lack access.
A banking association in Nigeria turned a misinformation crisis into an educational moment when a popular content creator spread false claims about banks shutting down. The professional response led to a full retraction and public apology.
When most banks buy their core software from vendors, Nigerian fintech Kuda took a gamble that paid off: building their own from scratch. Five years later, their bold bet powers seven million customer accounts.
Dr. Cecilia Ibru, a pioneering woman in Nigerian banking, turns 80 this week. A former employee shares how her mentorship and bold leadership transformed careers and the nation's financial landscape.
Nigeria's Central Bank is launching a pilot program to make digital finance safer and more accessible for millions of young people and small businesses. The move could transform how everyday Nigerians send money, get paid, and grow their businesses.
The World Bank just announced an ambitious plan to connect 32 million Nigerians to electricity and bring broadband internet to 58 million more people over the next six years. The $4.1 billion partnership framework aims to transform lives through power, connectivity, and agricultural support.
A Nigerian fintech company just won a regional competition and will compete for $1 million in investment at a global startup championship. Mehtic Technology beat hundreds of African applicants with software that helps banks run better.
A major Nigerian bank just committed 20 billion naira to help private healthcare businesses grow across the country. The move could help Nigeria produce most of its own medicines and medical equipment by 2030.
Nigerian tech founders with live products and revenue now have a fresh path to scale. Wema Bank's Hackaholics Accelerator Program 2026 offers mentorship, funding access, and strategic partnerships to help growth-stage companies reach their next milestone.
A former Nigerian congressman is investing his wealth where it's needed most: his rural hometown. The new microfinance bank and shopping complex will bring financial services and essential goods to thousands of unbanked residents.
Gateway Mortgage Bank just secured N2.2 billion in federal funding to help everyday Nigerians buy homes with 9.75% interest rates over 20 years. In a country facing a 15 million home shortage, this lifeline could finally put homeownership within reach for middle-class families.
Chief Israel Chinwuba Ogbue, former UBA Chairman, passed away on the morning of his 99th birthday, closing a life dedicated to building Nigeria's banking sector and mentoring generations of business leaders. His family and the nation's elite gathered to celebrate a legacy of integrity, faith, and transformative leadership.
Civil society groups in Nigeria are training communities to hold banks accountable for financing projects that harm the environment and people. The Fair Finance Nigeria Coalition is teaching residents how to demand better from the financial institutions that fund extractive industries in the Niger Delta.
While competitors rush to approve loans in minutes, one Nigerian microfinance bank is proving that slowing down might be the smarter strategy. By taking 24 to 48 hours to verify borrowers, Nombank has achieved a stunning 1% default rate in a market where 8% is typical.
Nearly all of Kenya's I&M Bank customers now handle their banking digitally, marking a milestone that signals Africa's banking revolution is complete. The shift proves mobile-first banking has become the norm, not the exception, across East Africa.
Nigerian fintech company OPay just made history by winning The Sun Awards' first-ever Fintech/Digital Bank of the Year category. The platform now serves millions of Nigerians with mobile banking, digital wallets, and merchant services all in one trusted app.
Two bank employees kidnapped in Nigeria are safely back with their families after soldiers tracked them down and forced their captors to flee. The rescue shows how smart intelligence work and quick action can save lives.
A Nigerian microfinance bank celebrated International Women's Day by teaching female business owners how to use artificial intelligence to grow their companies. The free three-day course was so popular it drew double the expected participants.
Nigeria's central bank is limiting phone number changes on bank accounts to just once in a lifetime starting May 2026. The bold move aims to protect 68 million Nigerians from fraudsters who exploit phone numbers to hijack bank accounts.
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