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The Business NG - September 17, 2025

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Editorial: APPbility and the Future of Digital Banking in Nigeria

The launch of APPbility by Stanbic IBTC marks a decisive step forward in Nigeria’s digital banking evolution. As financial transactions increasingly move online, banks that offer seamless, secure, and versatile digital platforms position themselves as leaders in the sector.

APPbility is more than an app upgrade; it reflects a strategic understanding of modern banking needs. From everyday transactions to investments via BluNest, and insurance access through the app, Stanbic IBTC demonstrates that digital innovation is no longer optional—it is essential. Notably, the platform’s support for English and Mandarin highlights a vision that extends beyond local borders, enabling smoother cross-border interactions.

For Nigeria’s banking industry, the message is clear: customer-centric digital solutions drive competitiveness. Banks must prioritize convenience, accessibility, and security, not just for tech-savvy millennials but for all Nigerians seeking efficient financial services.

APPbility is a benchmark for others to emulate, signaling that the future of banking in Nigeria will be defined by innovation, inclusivity, and the seamless integration of financial services.

Pension Savings for Informal Workers Surge to N1.46bn

Nigeria's informal workers are increasingly securing their financial future, with retirement savings under the Personal Pension Plan (PPP) climbing by 765 percent in just four years, according to the Pension Fund Operators Association of Nigeria (PenOp).

1 mins

Ibas Bows Out, Says Peace Is Rivers' Gain

Retired Vice Admiral Ibok-Ete Ibas, who served as Sole Administrator of Rivers State for six months, says his administration succeeded in restoring peace and stability in the state despite operating under extraordinary conditions.

1 mins

Banks Must Approve MDs Six Months Ahead – CBN Orders

The Central Bank of Nigeria (CBN) has directed Domestic Systemically Important Banks (DSIBs) to secure regulatory approval for their Managing Director/Chief Executive Officer (MD/CEO) successors at least six months before the incumbent’s tenure ends, as part of efforts to strengthen corporate governance and ensure stability in the financial system.

1 mins

Lees alle verhalen van The Business NG

The Business NG Description:

Uitgever: Tuns-Media-&-Comm-Enterprise

Categorie: Newspaper

Taal: English

Frequentie: Weekly

The BusinessNG, a leading business news publication across Nigeria and WestAfrica With a strong team of 30 staff members and a weekly print circulation of over 10,000 copies, we are poised for growth and report all political relating to business news at all level