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Zenith Bank Tops Market Capitalisation In Nigeria

Zenith Bank and Guaranty Trust Bank have retained their places on the list of Nigeria’s most valued banks for the first month of 2022. Last month that Zenith Bank started the new year as Nigeria’s most valuable commercial bank, with the…

Christ Embassy Launches Its Own Free Commercial Bank

Believers Loveworld Nation, popular known as Christ Embassy, has officially launched its own commercial financial institution, called Parallex Bank, with a view to redefining customer experience through digital innovation. Parallex was…

How To Download and fund your eNaira Speed Wallet

The Nigerian Central Bank Digital Currency (CBDC), known as the eNaira was officially unveiled yesterday by President Muhammadu Buhari and it's now live. The eNaira will serve as a digital legal tender and carries the same value as the…

Buhari unveils Nigerian Digital Currency e-Naira

The much anticipated Nigerian digital currency, e-Naira has finally been officially unveiled today at the country's State House in Abuja. mNaija recall that the Central Bank of Nigeria (CBN) had earlier announced that President Muhammadu…

President Buhari To Launch E-Naira On Monday – CBN

The Central Bank of Nigeria, CBN, has announced that President Muhammadu Buhari will officially unveil the e-Naira on Monday, October 25, 2021. mNaija recalled that the CBN had on September 30 suspended the launch of its digital…

Femi Otedola Reportedly Takes Over First Bank

Nigerian billionaire businessman and investor, Femi Otedola, on Friday, reportedly took over First Bank of Nigeria Plc. According to The Street Journal, Otedola took over the bank with the acquisition of about ₦30 billion worth of…

Banks are already integrating the eNaira in their apps

The Central bank of Nigeria CBN recently postponed the launch of the eNaira indefinitely. The digital currency was supposed to be unveiled on October 1st, 2021. However, the postponement is not preventing banks from onboarding the eNaira…

CBN suspends e-Naira launch

The Central Bank of Nigeria (CBN) has suspended the launch of its digital currency, called e-Naira. This is coming hours to its scheduled launch on October 1st – Independence Day. The suspension of the launch was announced by CBN…

CBN To Launch Its Digital Currency On October 1

The Central Bank of Nigeria (CBN) has finally announced that it will be launching the pilot scheme of its digital currency on October 1, 2021. The Apex bank with its stakeholders outlined its digital currency initiative via a private…

Nigerian Banks Start Charging N6.98 For USSD Transactions

Nigerians who use Unstructured Supplementary Service Data (USSD) services are now being charged N6.98 for each transaction session. USSD allows users who don’t have access to a smartphone, data/internet connection or physical banking…

USSD War: Banks Unblock MTN Subscribers From Recharging

After 48 hours of blocking MTN customers from banking channels including the Unstructured Supplementary Service Data and banking apps, commercial banks on Sunday have reconnected MTN customers to banking channels. It was gathered that…

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