South Korea’s Samsung Electronics announced on Tuesday the untimely passing of its co-CEO, Han Jong-hee, at the age of 63. Han suffered a heart attack, which led to his sudden demise, leaving a significant void in the company’s leadership. Han Jong-hee was a pivotal figure at Samsung, overseeing the digital…

Nigeria has experienced the most significant decline in cash transactions among six cash-reliant economies over the past decade, driven by the rapid adoption of digital payments and increasing partnerships with fintech companies, according to a report by global payment processing firm Worldpay. From 2014 to 2024, cash transactions in Nigeria…

Egyptian fintech startup Telda, which has garnered support from prominent global investors including Sequoia Capital, has made a significant move by acquiring the local securities brokerage firm City Capital. This acquisition represents a crucial step in Telda’s ambition to evolve into a comprehensive digital financial services platform. The announcement follows…

Unity Bank has officially appointed Ebenezer Kolawole as the Acting Managing Director and Chief Executive Officer, taking over from Oluwatomi Somefun, who has retired after a decade of dedicated leadership. This significant appointment has received the endorsement of the Central Bank of Nigeria (CBN) and was publicly announced during the…