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...
We, the older folks, may disagree with the mannerism of the “sorosoke” generation but we lack the impetus to question their ability to put in the...
First Bank of Nigeria Limited has announced that it will host the Financial Markets Dealers Association’s (FMDA) quarterly meeting scheduled for 5pm on Friday, 16 September...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year ended June 30, 2022, recording double-digit growth...
The World Bank Group has delivered a record $31.7 billion in fiscal year 2022 (FY22) to help countries address climate change. This is a 19% increase...
At least 69.7% of people dealing in forex trading have fallen victims of scams at one time or another, latest industry report by OctaFX has revealed....