Weekly Newsletter
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Naira redesign: Nigeria’s cashless transactions leaps to N39trn
Following the recent naira redesign announced by Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN), total cashless transactions conducted in Nigeria...
Understanding CBN’s new GSI policy
On August 1, a new policy that will deny serial bad debtors any cover to operate went live in the Nigerian banking system....
Sterling Bank posts 15% growth in net profit in 2019
By Chioma Obinagwam Sterling Bank Plc, a full-service national bank, has reported an audited profit after tax (PAT) of N10. 6 billion on...
Don't Miss
Moniepoint hits ₦1trn milestone in SME Loans, marks 10 years of empowering small businesses
By Chioma Obinagwam Moniepoint Inc., Nigeria’s definitive platform for small businesses and Africa’s all-in-one financial ecosystem, today released its 2025 Year in Review,...
Why Nigeria’s Banks Still on Shaky Ground with Big Profits, Weak Capital
By Blaise UdunzeDespite the fragile 2024 economy grappling with inflation, currency volatility, and weak growth, Nigeria’s banking industry was widely portrayed as successful...