Finance
Access Bank Introduces FX Transfer for Domiciliary Account Holders
Access Bank has announced the availability of Foreign Currency Transfer for all domiciliary account holders. This new feature aims to...
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Lotus Bank Celebrates Two Years of Ethical Banking
Lotus Bank, a non-interest financial institution in Nigeria, marked its second anniversary by reiterating its commitment to ethical banking, financial...
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Industry Collaboration Key to Drive Cashless Adoption in Nigeria – ‘Deremi Atanda
‘Deremi Atanda, Managing Director of Remita Payment Services Limited (RPSL), a subsidiary of SystemSpecs Holdings Limited (SHL), has called for...
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Africa50 Launches $500m Infrastructure Acceleration Fund with Investors
In a groundbreaking development for Africa, the Africa50 Infrastructure Acceleration Fund has secured commitments from prominent African and global institutional...
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AXA Mansard Identifies Five Ways FX Unification Shapes Nigeria’s Economy
The Central Bank of Nigeria (CBN) on June 14, 2023 adopted a managed floating exchange rate system with the aim...
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CBN Addresses Failed Bank Transactions, Returns N115.45b to Consumers
The financial sector, particularly the banking industry, has been undergoing significant transformations with the advent of disruptive technologies in financial...
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Nigerian Banks Warned about Transactions with High-Risk Countries
The Central Bank of Nigeria (CBN) has issued a cautionary message to Nigerian banks, urging them to exercise caution when...
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Stanbic IBTC Holdings Plc Strengthens Board with New Appointments
In a significant development, Stanbic IBTC Holdings Plc has recently announced the addition of new members to its board of...
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AfDB, ASEA Secure $600k Grant to Expand Network of Linked African Stock Exchanges to 15″
The African Securities Exchanges Association (ASEA) and the African Development Bank Group have signed an agreement for a $600,000 grant...
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AXA Mansard Launches ‘Awoof Xtra and Double Double Promo’ to Drive Insurance Penetration across Nigeria
By; OLIVIA NNOROM AXA Mansard, a leading insurance company in the country has flagged off the process of rewarding customers...
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Tinubu Endorses Ambitious $5b Floating LPG Venture
President Bola Tinubu has given his endorsement to the joint venture partnership of UTM FLNG, TECHNIP Energies, and JGC Corporation,...
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Afreximbank, Fiducia join Forces to Promote Factoring and Supply Chain finance in Africa
In a move that is set to change the face of supply chain and SME financing in Africa, the African...
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NDPC Faults CBN’s Directive on Bank Account Holders’ Social Media Handles
“…banks will be at risk handling such customers’ data as these are prone to easy cyberattack and penetration, while banks...
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UBA Signs $6bn Financing Agreement with AfCFTA to Support SMEs
United Bank for Africa (UBA) Plc has inked a deal with the Africa Continental Free Trade Area (AfCFTA) Secretariat, pledging...
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CAETE: Standard Bank’s Example of Building Africa’s Ability to Export to China
...Standard Bank Showcases African Produce at China-Africa Economic and Trade Expo (CAETE) Standard Bank Group, the parent company of Stanbic...
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