Asian Banker Awards: FirstBank maintains dominance in SME banking across Nigeria, Africa

By Tosin Ajayi Through a legacy of excellence and Innovation, First Bank of Nigeria Limited, the country’s oldest and most distinguished financial institution, has once again solidified its reputation as a leader in the banking industry. The Bank was recently crowned the Best SME Bank in Nigeria and the Best SME Bank in Africa at the 2025 Asian Bankers Awards …

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Wema Bank set to commemorate Women’s Day SET 2025…. To reward 131 women with N11,000,000 Cash prizes, among other activities

Further solidifying its position as a gender equality and inclusion driven bank, Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced plans and unveiled the lineup of activities for its commemoration of the women’s month – March, 2025. Among the lineup of activities is the Wema Bank International Women’s Day (IWD) 2025 …

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FirstBank holds groundbreaking ceremony for new state-of-the-art eco-friendly headquarters

FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, today marks a significant milestone with the groundbreaking ceremony for its new green-certified Iconic Head Office Building in Eko Atlantic City, Lagos. This ambitious project 40-story building project set to be the tallest building in Nigeria, will be an engineering and environmental delight due to its …

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Wema at 80: 80 Wema Bank customers emerge winners in 80th daily draw of Wema Bank 5 for 5 Promo Season 4

In anticipation of the grand celebration of its 80th anniversary, Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has rewarded 80 customers in the 80th daily draw of the Wema Bank 5 for 5 Promo Season 4. This draw took place on February 27, 2025, at the Wema Bank Head Office Facility in …

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Wema Bank to Train and Empower 800,000 Nigerian Businesses

…Signs MOU with Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) Reinforcing its reputation as an institution committed to empowering SMEs, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has undertaken an initiative to empower 800,000 Nigerian Businesses; following its MOU Signing with Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) …

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ICAN, Union Bank of Nigeria Foster Stronger Relationship with Visit

The Institute of Chartered Accountants of Nigeria (ICAN) recently paid a courtesy visit to Stallion Plaza, Union Bank of Nigeria’s Head Office. This visit marks a significant step in fostering a stronger relationship between the two esteemed institutions. During the visit, ICAN and Union Bank representatives engaged in fruitful discussions to explore potential areas of collaboration and member’s growth within …

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Court Sentences NEXIM Bank Manager to Jail for Fraud in Lagos

The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, has secured the conviction and sentencing of one Ugenyi Kalu, before Justice R.A. Oshodi of a Special Offences Court, sitting in Ikeja, Lagos for fraud. The convict, a banker, was arraigned on a five-count charge, bordering on official corruption and gratification. One of the counts reads: “That you, …

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CBN Stops Free Withdrawals For Customers Using Other Banks’ ATMs

The Central Bank of Nigeria (CBN) says charges will now apply anytime customers use the Automated Teller Machines (ATMs) of banks other than theirs. This was contained in a circular dated February 10, 2025, and addressed to all banks and financial institutions, the apex bank’s acting Director of Financial Policy and Regulation Department, John Onojah. “The three free monthly withdrawals …

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