Union Bank launches Robotics Automation to ease banking processes

Union Bank of Nigeria has announced a new Robotics Process Automation (RPA)  technology which will ease banking operations for its customers nationwide.

Register for Diamond Bank 2018 TechFest for Tech Entrepreneurs!

Diamond Bank, in partnership with major players in the Information and Communication Technology (ICT) industry in Nigeria has launched TechFest, a platform for technology entrepreneurs, to showcase their innovations.

CBN limits Mobile Money transactions via USSD to N100,000 per day

Photo: the guardian

The Central Bank of Nigeria, in a bid to reduce the incidence of fraud, has put a cap on mobile money transactions via Unstructured Supplementary Service Data (USSD) to N100,000 ($278) per day.

Ecobank launches Fintech Challenge Competition for Start-ups in Africa (2018)

Ecobank, the leading pan-African banking group, is inviting African fintech entrepreneurs to enter its Ecobank Fintech Challenge. Now in its second year, the initiative gives African start-ups the chance to promote their fintech solutions, and potentially to partner Ecobank in rolling-out their solutions across Ecobank’s 33 markets.

Banks' Shareholders to Etisalat Nigeria: "Pay up your debt or risk legal action"

The shareholders group of the 13 banks involved in the N1.2 billion loan for Etisalat Nigeria, in order to guarantee the payment of their annual dividends, has asked the mobile operator to pay up its outstanding debt.

Nigerian Banks take over Telecoms Company Etisalat due to N541 billion debt

Etisalat, The fourth largest telecommunication company in Nigeria, has been taken over by a consortium of banks, led by Access Bank PLC, due to its inability to repay a debt, in tune of  N541.8 billion.

Etisalat denies losing its Biggest Shareholder

Etisalat has denied losing its major shareholder, Mubadala Development Company, according to a new report.

GTBank launches GTPatroit: A Subsidized Banking Package for Nigeria's Military and Paramilitary personnel

Foremost financial institution, Guaranty Trust Bank plc, has launched GTPATRIOT, a unique Salary Account Package which offers Nigeria’s servicemen and servicewomen subsidized banking products and dedicated value added services. The GTPatriot Account allows serving members of the Military and Paramilitary institutions to open accounts with zero minimum balance whilst offering reduced Current Account maintenance fees and access to loans at reduced interest rates, amongst other value added services.