Zenith Bank Plc has reported a profit before tax of ₦928.80 billion for the nine months ended September 30, 2026, representing a 1.24% increase from the ₦917.41 billion recorded during the corresponding period of 2025. The increase came despite a significant decline in the bank’s gross earnings and a reversal in trading performance, as lower … Read more
The cryptocurrency industry is facing one of its biggest security crises after Binance, the world’s largest cryptocurrency exchange by trading volume, reported a major security breach with an estimated financial impact of approximately $6.3 billion. The incident, which came to light on Thursday, October 29, 2026, has raised serious questions about the security of cryptocurrency … Read more
If you are an OPay merchant running a POS business and need money to grow your business, OPay EaseMerchant Loan is one of the loan options you should understand. EaseMerchant is an OPay business loan designed for qualified merchants. It is different from EaseMoni, which is a separate loan service for eligible OPay users. EaseMerchant … Read more
Women entrepreneurs could soon get more funding support as the Development Bank of Nigeria (DBN) has announced a new initiative to intervene in the challenges female business owners face in accessing finances. The DBN Action For Women In Nigeria (DAWN) initiative was announced on the occasion of the seventh Annual Lecture of the Development Bank … Read more
My name is Prudent Joshua. I work as an OPay Business Developer (BD) and Channel Development Lead (CDL), helping POS agents and merchants with their businesses. If you are already doing POS business and your customers come to you every day to withdraw cash, deposit money or carry out transfers, there is an opportunity you … Read more
When a country receives financial support from the International Monetary Fund (IMF), the money usually comes with certain conditions. These conditions are designed to help address the economic problems that led the country to seek assistance in the first place. But what happens when a government fails to meet those conditions? The consequences can be … Read more
The World Bank’s loan facility to Nigeria of $500 million will have certain conditions imposed on it, including economic reform and accountability measures, as detailed in the October 2026 agreement. The facility, which has been made available from the International Bank for Reconstruction and Development (IBRD), is part of World Bank’s Nigeria Actions for Investment … Read more
Welcome to BANKiBUSINESS.COM My name is Prudent Joshua. I am an OPay Business Developer (BD) and Channel Development Lead (CDL), and I am happy to share this opportunity with business owners who have been looking for a way to get an OPay Android POS at a lower price. If you have been planning to get … Read more
First City Monument Bank (FCMB) is facing a ₦5 billion lawsuit from a woman and her company over the alleged unauthorised disclosure of a corporate bank statement to her estranged husband, who she claims used information in the document to locate her new residence and assault her. The suit was filed by First Tirad Global … Read more
Nigeria’s headline inflation rate fell to 14.63% in September 2026, while the country’s external reserves exceeded $55 billion, according to figures highlighted by Central Bank of Nigeria (CBN) Governor Olayemi Cardoso at the 2026 IMF–World Bank Annual Meetings in Bangkok, Thailand. Cardoso presented the figures at a press briefing on October 17, describing them as … Read more