The African Development Bank has signed a grant agreement for $500,000 with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN Nigeria, to be used...
The Central Bank of Nigeria (CBN) has stated that the eNaira would increase inflow of disapora remittances into the country. This is according to a document...
The Central Bank of Nigeria (CBN) has said the eNaira will be available to Nigerians without Internet-enabled phones. The CBN disclosed this in a document obtained...
AXA Mansard Insurance Plc, a member of AXA, a global insurance and asset management firm said it has concluded its regulatory-driven share capital increase process. A...
Alsoug, the largest digital marketplace in Sudan, has closed a $5 million investment round to scale its digital payment network. The investment is co-led by Egyptian...
Mono, an Africa-focused fintech startup that lets users easily connect their bank accounts to financial apps, has secured $15 million in a Series A round of...
First Bank of Nigeria Ltd. has pledged support for startups and innovators in the fintech ecosystem by providing relevant data and infrastructure that would enable them...
Consensus of financial experts has tilted in favour of the proposed Open Banking services in Nigeria, as they expressed optimism that that open banking will activate...
Nigeria’s top financial institution, First Bank of Nigeria Limited, has set Thursday, October 7 as a day to hold the 2021 edition of its annual FINTECH...
United Bank for Africa (UBA) Plc has reported that its artificial intelligence banking chat bot, LEO, recorded three million users. The lender described LEO as the...
Insurance Operators in Nigeria have expressed determination to effect necessary changes in their modus operandi that will illicit growth and development of the insurance sector. This...
AIICO Insurance Plc, has entered into partnership with two firms to drive the concept of embedded insurance in the country to further enhance its quality service...
The official website of the upcoming Central Bank of Nigeria’s (CBN) digital currency, the eNaira portal, has gone live, exactly one week to the planned launch...
The United Bank of Africa has published the names of some individuals who applied for Personal Travel Allowance (PTA) and bought cheap dollars at the bank...
AIICO Insurance Plc topped the industry’s market chart with N62 billion gross premium written (GWP) in the 2020 financial year end, the Managing Director/Chief Executive Officer of the company, Babatunde Fajemirokun has...
Heritage Bank’s MD Sekibo harps on SMEs priority to lift Nigerian economy Managing director and chief executive officer of Heritage Bank Plc, Ifie Sekibo has stressed...
The group managing director and chief executive officer of United Bank for Africa (UBA) Plc, Kennedy Uzoka has expressed optimism that the bank is on its...
The United Bank for Africa has grown its assets to surpass N8 trillion as the half year end of 2021 in June. According to the audited...
The Central Bank of Nigeria (CBN) has announced plans to set up the Nigerian International Financial Centre (NIFC) to act as a gateway for funds and...
Heritage Bank Plc and seven other banks have provided a total of N15.5 billion to assist SCOA Nigeria Plc for the importation and supply of MAN...