Banking - Skypenewsnaija

CBN extends PoS geo-fencing deadline to August 1

The Central Bank of Nigeria has extended the enforcement of Point-of-Sale terminal geo-fencing to August 1, 2026, giving financial institutions and payment service providers additional time to comply with the regulatory requirement aimed at strengthening oversight of electronic payment channels. The directive was contained in a circular dated May 29, 2026, and obtained from the […]

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May 29, 2026
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Business

Polaris Bank Supports the Launch of NACCIMA Call Center to Drive Growth for Nigerian Exporters

L-R: Chris Ofikulu, Executive Director, Retail & Commercial Banking, Polaris Bank, presents office equipment for takeoff and smooth operation of NACCIMA Export Support Centre in Lagos recently. Polaris Bank, Nigeria’s leading digital retail and commercial bank, has proudly facilitated the launch of the NACCIMA Export Support Call Center, a vital initiative designed to provide comprehensive […]

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May 6, 2026
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Business

BANKING BEYOND THE BALANCE SHEET: UNION BANK’S ASBON RECOGNITION AND NIGERIA’S SMALL BUSINESS ECONOMY

L-R: President, Association of Small Business Owners of Nigeria (ASBON), Dr. Femi Egbesola and Head, SME Segment, Union Bank of Nigeria, Mr. Ayokunnumi Abraham during the presentation of the Best Bank for SME Growth Banking Initiative Award, 2025, to Union Bank of Nigeria at the 6th Nigeria National SME Business Awards (NNSBA), held on April […]

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May 6, 2026
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Business

NGX, Market Leaders Laud Dada’s Impact as CIS President

L-R: Registrar and Chief Executive, Chartered Institute of Stockbrokers (CIS), Ayorinde Adeonipekun, 2nd Vice President, Dr Akeem Oyewale; Chief Executive Officer, NGX Regulation, Olufemi Shobanjo; 1st Vice President, CIS, Fiona Ahimie; Group Chief Executive Officer, NGX Group PLC, Temi Popoola; Chairman, Alhaji Umaru Kwairanga; 13th President and Chairman of Council, CIS, Oluropo Dada; Chief Executive […]

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April 24, 2026
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Breaking News

EXPLOSIVE: How Titan Trust Bank allegedly used Union Bank’s assets to secure $300m takeover deal

What was sold to Nigerians in May 2022 as a clean and powerful takeover is now looking like something far more troubling. When Titan Trust Bank announced it had acquired Union Bank of Nigeria, a 100+ year-old institution, the story was simple: a young bank buying a legacy giant. But fresh documents are now pointing […]

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April 24, 2026
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Business

Banking the Economy That Actually Exists

There is a version of the Nigerian economy that the banking sector has always served well. It is the economy of salaried professionals, corporate treasurers, documented collateral, and monthly pay cycles. It is the economy that fits neatly into conventional credit models, standard account structures, and the risk frameworks that Nigerian banking inherited from its […]

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April 19, 2026
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Business

Fidelity Bank Advocates for Inmates’ welfare with donation to Enugu Custodial Centre

Tier one lender, Fidelity Bank Plc has reaffirmed its commitment to health and social welfare with the donation of food and essential items to inmates at the Enugu Maximum Security Custodial Centre. The outreach was carried out by the newly inducted Legacy Class of 2026 and executed under the bank’s flagship Corporate Social Responsibility (CSR) […]

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April 16, 2026
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Business

Fidelity Bank Extends “Give Her Power” Initiative to Ogun State, Empowers 100 Women with Vocational Tools

In a bold demonstration of its commitment to inclusive growth and sustainable development, leading financial institution, Fidelity Bank Plc has extended its recently launched “Give Her Power” initiative to Ogun State, empowering 100 women with vocational tools designed to strengthen their economic independence and boost household income. The outreach is part of the Bank’s nationwide […]

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April 15, 2026
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Business

Fidelity Bank

L-R: Regional Bank Head, Southwest 1, Fidelity Bank Plc, Mr. Folaranmi Jemirin; Commissioner for Women Affairs and Social Development, Ogun State, Hon. Adijat Adeleye-Oladapo; Head, Women Banking, Fidelity Bank Plc, Mrs. Harriba Harry-Pepple; Local Government Education Authority (LGEA) Board Chairman, Ogun State, Hon. Oluwaseyi Oyekan; and one of the beneficiaries at Fidelity Bank’s donation of vocational […]

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April 15, 2026
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Business

Sterling Bank Deepens Commitment to Women Entrepreneurs with OneWoman Financing Dialogue

L-R: Akporee Idenedo, Divisional Head, Commercial Banking, Sterling Bank; Ezinne Nwokafor, Head, OneWoman Initiative, Sterling Bank; Thelma Luke Nwoye, Group Head, Business Finance, Sterling Bank; ‘Solape Akinpelu, CEO/Founder , HerVest; Edward Ogunmekan, Chief Growth Officer, Sterling Bank at the OneWoman Gender Lens Breakfast Dialogue held at The Wheatbaker Hotel, Ikoyi recently. Sterling Bank, through its […]

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April 8, 2026
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