Interswitch, Microsoft Partner On Blockchain Technology In Nigeria

Interswitch Group has announced the launch of its innovative blockchain-based supply chain financing service, in partnership with Microsoft. The initiative brings together entrepreneurs, major financial institutions and corporate organisations, all on a single platform to provide end-to-end visibility that will ensure fast and seamless trade financing in supply chain operations. Interswitch Blockchain Service (Supply Chain […]


UBA, GTBank, Zenith Among 1,000 Global Banks’

Nigeria’s tier one banks, the United Bank for Africa Plc (UBA), Guaranty Trust Bank Plc (GTBank), Zenith Bank Plc, First Bank of Nigeria Limited and Access Bank Plc have been listed among African lenders, including Ecobank Transnational Inc, according to The Banker magazine’s 2018 1000 global banks ranking. A statement by The Banker magazine on Monday […]

Lagos Shuts 5 Banks, 80 Buildings In Ikeja

Officials of the Lagos State Building Control Agency (LASBCA) on Tuesday shut down five facilities housing commercial banks as well as over 80 other buildings on Allen Avenue, Ikeja over illegal conversion. Zenith, Access, Sterling, Unity and UBA branches at Allen Avenue were the affected banks. Also shut were Tantalizers, Adebowale Electronics, Panasonic and several […]

Zenith Bank Suspends Plan to Raise N100 Bn

Shareholders of Zenith Bank Plc on Wednesday approved the board of directors’ request to step down their plan to raise fresh capital for the bank businesses. Speaking at the bank 26th Annual General Meeting (AGM) in Lagos, chairman of the bank Jim Ovia said the bank decided to suspend the idea because they believe the […]