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The current business combination between Access pension and ARM is sure to give Stanbic IBTC Pension Managers some pressure in pole position.
Backed by strong digital platform growth, this expansion aligns with its growing digital footprint and strong financial performance.
This strategic pivot is intended to address concerns among some shareholders and analysts who, despite the bank's significant expansion, have deemed its stock undervalued.
Aruwa Capital Management, a female-led Lagos private equity firm, closes $35M for its gender-lens Fund II and plans to expand investments across Nigeria and Ghana.
Lendsqr has developed an AI-powered voice and video analysis model to revolutionize credit scoring for Nigeria’s informal sector, offering a new path to financial inclusion for over 100 million unbanked adults.
“My expectation is that before the end of the third quarter, we should see significant progress made on the NBK transaction. Without a doubt, it will be a 2025 play,” Ogbonna stated
UBA is currently progressing with its equity capital raise program targeting up to ₦400 billion
VFD Microfinance Bank's positive performance contributed to a wider recovery for its parent company, VFD Group Plc, which also rebounded to profitability after a ₦750 million ($471,824) loss in the previous year.
Last year, the bank promised to hire more people in its digital compliance department to reduce the number of fraud cases
Since its 2019 launch, this marks the company's second privacy violation penalty.
Unity Bank's financial woes stem from a loan portfolio heavily concentrated in the agriculture sector, accounting for 91% of its lending
Uzoebo is the second female to hold the top position in a row.
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