In 2023, the Nigerian Deposit Insurance Corporation (NDIC) compensated some customers of the 132 microfinance…
Browsing: Banking
According to data collected by payment processor Interswitch, First Bank of Nigeria’s agency banking arm,…
Carbon, the Pan-African fintech startup, has successfully acquired Vella Finance, a Nigerian fintech startup focused…
Visa has entered a partnership with the Egyptian Banks Company (EBC) to streamline and enhance…
The Central Bank of Nigeria (CBN) has confirmed the removal of the ±2.5% limit previously…
The Central Bank of Nigeria (CBN) has issued a directive to remove the initial cap…
Absa has announced plans to establish a physical presence in China through a non-banking subsidiary…
Business magnate Dr. Patrice Motsepe’s Tyme Group is planning to launch a third digital bank…
Bank Zero, a digital bank based in South Africa, has announced that it is in…
Access Holdings announced that its subsidiary, Access Bank, is set to acquire a majority stake…
Africa’s largest bank by assets, Standard Bank Group, with operations across 20 African countries, has…
Africa’s vibrant tech ecosystem is set to be energized by these key events in the…
Citigroup is set to lay off 20,000 employees over the next two years, according to…
The Central Bank of Nigeria (CBN) has dissolved the boards of three banks – Union…
Tyme Group − comprising TymeBank and GoTyme − is set to close a new round…
In a notable achievement, FBN Holdings, one of Nigeria’s longstanding banks, reached a significant market…
African Bank has recorded a profit for the financial year ended September 2023 – rescuing…
Nedbank has appointed Absa financial director Jason Quinn as its new chief executive, replacing Mike…
Investec has launched a new trading app for investors and traders called Clarity, which offers…
Bloc Microfinance Bank, a subsidiary of the pioneering fintech startup Bloc, has been granted Approval-in-Principle…