By Saviour Adugba Africa’s biggest telecommunications network MTN has partnered one of the continent’s foremost financial services provider Sanlam in a bid to deliver insurance and...
Ecobank Transnational Incorporated (ETI) said it has redeemed its 5-year $400 million convertible debt following its maturity. The debt instrument was issued in September and October...
Barely 48 hours after the Central Bank of Nigeria (CBN) announced plan to redesign three naira denominations, the local currency has caught fevers from the new...
The Central Bank of Nigeria (CBN) has officially responded to the Minister of Finance, Budget and National Planning‘s claim that she was not informed of the decision to...
Umar Suleiman Barely two days after the Central Bank of Nigeria (CBN) announced the redesigning of the Naira billed for December 15, 2022, the Minister of...
Christy Animam The Central Bank of Nigeria (CBN) has recognized SystemSpecs, and presented it with an award as Nigeria’s leading fintech firm as the Payment Service...
By Umar Suleiman The Central Bank of Nigeria (CBN) on Wednesday said it will redesign the N200, N500, and N1,000 notes. CBN Governor, Godwin Emefiele, disclosed...
Moody’s, a global ratings agency, has downgraded the long-term deposit ratings of nine Nigerian banks to B3 from B2, as well as senior unsecured debt ratings, where...
Those whose allegiance lies with cryptocurrencies were not impressed by the eNaira transaction data reeled out by Godwin Emefiele, Governor of the Central Bank of Nigeria...
The Central Bank of Nigeria has released the exposure draft of guidelines for contactless payments in Nigeria. The bank also expects players in the financial system...
Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has successfully closed a $389 million dual currency Samurai term loan facility, split into $382...
Herbert Wigwes’ led Access Holdings Plc has received approval of the National Pension Commission (PENCOM) and the Federal Competition and Consumer Protection Commission (FCCPC) to acquire...
Titan Trust Bank Limited (TTB) has announced a Mandatory Takeover Offer (MTO) of the remaining 1.9 billion ordinary shares of Union Bank Nigeria Limited few months...
Africa’s Global Bank, United Bank for Africa Plc has disclosed that it gained N116 billion as profit after tax (PAT) at the end of its nine-month...
Says CBDC attracts interests of IMF, World Bank, global CBDC Community The Central Bank of Nigeria (CBN) has announced a calendar of events to mark...
By Olamide Onabanjo MFS Africa, the largest digital payments hub in Africa, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, have announced they will collaborate...
By Funmi Dele-Giwa Most African businesses, if asked, would leap at the chance to expand their markets beyond their home countries. And whether it’s a Kenyan...
In partnership with FirstBank, Nigeria’s premier and leading financial inclusion services provider, Verve International, Africa’s leading payment technology and card business, has launched its third National...
The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 14 percent to 15.5 percent, the...
More than 2,000 Nigerian investors have petitioned the Kenyan courts to unfreeze Sh1.4 billion ($12,040,208) locked in Safaricom and four banks, saying they were swindled in...