To further diversify its debt profile, Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, has secured a $625 million syndicated loan with new lenders...
The Nigerian Naira experienced a significant decline against the US Dollar in the black market, settling at an average exchange rate of N760/$1 on Monday, May...
By Rosemary Iwuala M-KOPA, a leading fintech platform, today announced that it had successfully closed over $250m in new debt and equity funding to expand its...
Telecommunications companies in Nigeria said they have received approval from the Nigerian Communications Commission (NCC) to disconnect Deposit Money Banks (DMBs) from using Unstructured Supplementary Service...
Source: Bank of England Monetary Policy Summary, May 2023 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target,...
By CSL Research Team According to newspaper reports, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, stated that foreign exchange repatriation into Nigeria...
By Victor Irechukwu, Head of Engineering, OnePipe Waving your hand to pay after shopping at a store, or simply placing your mobile phone on the checkout...
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the volume of transactions through e-payment channels between 2017 and 2021 increased by 836 per...
By Rosemary Iwuala Nomba, a leading payment service provider for African businesses, has raised a $30 million Pre-Series B funding round to support the delivery of...
Telecoms giant, MTN Nigeria, has disclosed its unaudited financial report for the first quarter of 2023 in which it set new records across its key performance...
The Senate has indicted the Bank of Agriculture (BoI) in Kaduna over N3.2 billion loan disbursed to ten vendors to purchase tractors and other equipment for...
By Rosemary Iwuala The Central Bank of Nigeria (CBN) has assured Nigerians of safety of their money in banks through operation of the e-naira. The CBN...
After a one-week breather, Nigeria’s foreign exchange (forex) reserves reversed to its recent negative trend, dropping by $79.77 million to close weekend at a new low of...
By Marina Bolfan, Senior Customer Growth Executive at Infobip Nigeria Nigeria’s banking sector is becoming increasingly more competitive. This is especially the case within the digital...
Sandra Orim Leading global fintech brand, Unlimint, is set to launch its operations in Nigeria, after receiving its Payment Solution Service Provider (PSSP) License from the...
NOVA Merchant Bank Limited has announced its audited full year 2022 financial results, showing an outstanding 103per cent year-on-year growth in profit before tax. However, the...
By Sandra Orim Following an order of Honourable Justice I. N. Buba of the Federal High Court Lagos Division, the Asset Management Corporation of Nigeria (AMCON)...
By Rosemary Iwuala ALAT by Wema, Africa’s first fully digital bank, is celebrating its sixth anniversary with the launch of “Sounds of ALAT,” a boot camp...
By Rosemary Iwuala Fast Credit Limited, one of Nigeria’s leading financial institutions has earned a long-term investment grade rating of “Bbb” from Agusto & Co with...
By Rosemary Iwuala Access Holdings Plc has announced its completion of a $300 million fresh capital investment into its flagship subsidiary, Access Bank, the proceeds of...