A Nigerian bank that offers various financial services, including compliance and financial crime prevention.
What the new CBN marketing regulations mean for financial institutions
In 2018, Nigerian banks engaged in humorous exchanges on social media, known as #BankWars, to compete for customer attention. The CBN issued a circular on November 27, 2025, prohibiting comparative advertising and chance-based promotions among financial institutions.
Nigeria no longer on the FATF list. Will the second time be the final time?
Nigeria has been removed from the FATF grey list, which is a significant milestone for the country's financial integrity. The FATF confirmed Nigeria's removal during its plenary meeting on October 24, 2025, alongside South Africa, Burkina Faso, and Mozambique.
Reinvention in Business: Lessons from Sterling Bank’s Transformation
Sterling Bank underwent a complete transformation, restructuring its core banking model and embedding technology into operations. The bank embraced a digital-first approach in 2019, integrating fintech solutions to stay competitive.
Cascador is launching a $2 million fund for its alumni startups
African startups raised $2.01 billion across 182 deals in 2024, a 31% decrease from the previous year. Cascador is establishing a $2 million Catalytic Fund to support mid-stage entrepreneurs facing funding challenges.
NIBSS bets on QR codes as a cash alternative for small-value payments
NIBSS has improved the speed of QR code payments by eliminating separate fee queries and enhancing security. NIBSS partnered with the Lagos State government to test QR code bill payments, achieving 750,000 transactions in the first week.
