BY Blaise Udunze It is a sobering reality that one South African bank, Standard Bank Group, has a market capitalisation of roughly ZAR 384.34 billion (about...
Africa’s leading neobank and foremost fintech platform, PalmPay, is celebrating six years of delivering value, impact, and reliable banking services to millions of users across Nigeria....
Wema Bank Plc has achieved a major regulatory milestone by surpassing the N200 billion minimum capital requirement for commercial banks with national authorisation, well ahead of...
For decades, Nigeria’s credit system posed significant challenges for small businesses and low-income earners, who often struggled to qualify for loans. Traditional banks demanded collateral, guarantors,...
FirstBank proudly sponsored the recently held Canada-Africa Fintech Summit (CAFS 2025), which took place from August 5–8 at the Sheraton Centre in Downtown Toronto. Convened by...
Integrated Project Targets 7.4 Million People in Northern Nigeria The World Bank has approved $300 million in financing for the Solutions for the Internally Displaced and...
The Chartered Insurance Institute of Nigeria (CIIN) has said the newly signed National Insurance Industry Reform Act 2025 (NIIRA 2025) would promote equity in the sector, benefiting...
PalmPay, a leading neobank and fintech platform focused on emerging markets, has been recognised in CNBC and Statista’s 2025 Top 300 Fintech Companies in the World...
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has announced its decision to hold the nation’s benchmark interest rate at 27.50 percent for...
Zenith Bank Plc has been named “Nigeria’s Best Bank” at the Euromoney Awards for Excellence 2025, emerging as Nigeria’s standout performer, and clinching the biggest and...
First HoldCo Plc management on Friday dispelled media speculation about who bought N323.4 billion of its shares in block transaction, one of the largest single deals...
As foreign direct investment (FDI) and development assistance to Africa continue to decline, stakeholders across the continent are intensifying efforts to mobilise local financial resources as...
PalmPay, a leading digital banking platform in Africa has announced the launch of strategic partnerships with top-tier insurance providers to offer accessible, affordable and simplified insurance...
President Bola Tinubu on Thursday signed into law the four new tax bills recently passed by the National Assembly, describing the new laws as pivotal to...
TaxADR, in collaboration with the Federal Inland Revenue Service (FIRS) and His Majesty’s Revenue & Customs (HMRC) of the United Kingdom, has convened a landmark two-day...
Commercial banks in Nigeria have cleared 95% of the N180 billion owed to telecom operators for USSD services, according to the Association of Licensed Telecommunications Operators...
The Central Bank of Nigeria (CBN) has emphasised the robust health of the country’s banking sector whilst announcing routine transitional measures affecting a select number of...
The Central Bank of Nigeria (CBN) yesterday clarified that the June 3, 2025 deadline for Bureau De Change (BDC) operators to recapitalise remained unchanged. The apex bank...
Onafriq, Africa’s largest digital payments network, is celebrating its 15-year anniversary by announcing a significant milestone: close to 1 billion mobile money wallets and 500 million...
The company attributed the remarkable results to the successful execution of a strategic post-merger integration plan following the consolidation of Access Pensions and ARM Pensions.