The esteemed Nigerian financial institution, First Bank, has announced a notable service disruption on Thursday. The bank conveyed this information in a notice published on its X account. It indicated that the disruption has impacted its online services, including the FirstMobile app, FirstOnline platform, and Unstructured Supplementary Service Data (USSD). First Bank assured its patrons…
The Federal Government has introduced the Electronic, Online, or Non-Traditional Consumer Lending Regulations (Consumer Lending Regulation) 2025 to tackle persistent grievances regarding the operations of Digital Money Lenders and Mobile Money Operators (MMOs), commonly referred to as loan sharks. Ondaje Ijagwu, the Director of Corporate Affairs at the Federal Competition and Consumer Protection Commission (FCCPC),…
The Presidential office declared on Wednesday that Nigeria’s fiscal standing has reached unprecedented heights, amassing N20.59 trillion in revenues from January through August 2025. The disclosed statistics indicate that these collections reflect a striking 40.5 per cent surge compared to N14.6 trillion during the equivalent timeframe in 2024, with non-oil revenue sources contributing an astounding…
In a commendable effort to enhance financial inclusion, Digitvant Microfinance Bank has ventured into the bustling Tejuosho Market in Lagos, offering customer-oriented banking solutions meticulously tailored to the everyday realities of both male and female traders. While addressing attendees at the financial inclusion initiative, Petra Akinti Onyegbule, the Head of Corporate Communications and Branding at…
In a remarkable turn of events, Titan Trust Bank, a prominent commercial bank in Nigeria, has been seamlessly integrated into Union Bank. The announcement regarding this significant merger was made on Monday through a declaration by the bank’s Head of Brand and Marketing, Mrs. Olufunmilola Aluko. This development comes in the wake of the endorsement…
The Nigerian National Petroleum Company Limited has successfully formed an alliance with local private oil and gas enterprises through a collaborative production sharing contract concerning petroleum exploration licenses. NNPCL conveyed this information in a statement on Monday, indicating that the momentous occasion unfolded at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Headquarters situated in Abuja….
