Banking
Fidelity Bank faces insolvency threat after supreme court slams N225bn damages
Fidelity Bank may face insolvency after Nigeria’s Supreme Court upheld N225 billion in damages over a tort dispute with Sagecom...
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Zenith bank customer loses N1.5 million to fake bank agent on X
A Zenith Bank customer, Haneefah Jumoke, lost N1.5 million to a fake bank agent on X, just hours after complaining...
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Nigerian banks’ investment securities rise to N41.78tn in Q1 2025
Eight Nigerian banks increased their holdings in investment securities to N41.78tn in the first quarter of 2025, a 1.65% rise...
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PalmPay pushes contactless payments in Nigeria
Nigerian digital bank PalmPay is intensifying efforts to promote contactless payments, showcasing its commitment at the BusinessDay Future of Payment...
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Nigerian banks raise transaction alert fee to N6
Nigerian commercial banks have increased their alert fees to N6 per transaction, a nearly 40% hike. This change began yesterday,...
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