Nigeria

UK’s CDC Group extends $100m credit facility to FirstBank

UK-based CDC Group has announced a $100m finance facility to First Bank of Nigeria (FirstBank). The new funding will be…

Nigeria’s Union Bank deploys robotics to enhance banking services

Nigeria’s Union Bank has deployed latest Robotic Process Automation (RPA) technology into its operations in a bid to enhance banking…

British industrialist to buy UK subsidiary of Nigeria’s Diamond Bank

GFG Alliance executive chairman and British industrialist Sanjeev Gupta is set to acquire Nigeria-based Diamond Bank’s British subsidiary Diamond Bank…

Milost plans to invest $1bn in Nigerian Unity Bank

New York-based Milost Global has firmed up plans to invest up to $1bn in Nigeria’s Unity Bank through a combination…

Keystone Bank launches agency banking proposition in Nigeria

Nigeria-based Keystone Bank has launched agency banking proposition, KeyServ, to reach out to customers beyond its conventional branch banking mode.…

Nigeria to soon introduce biometrics‎ into banking system

The Central Bank of Nigeria (CBN) has decided to replace use of ATM card pin on card transactions with biometric…