Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has raised concerns about the vulnerability of dormant accounts to...
Banking and Finance
In 2023, eleven major Nigerian banks collectively incurred a total tax burden of N575.168 billion, marking a dramatic 175% increase...
Leading multinational financial service provider in Nigeria, Zenith Bank, has for the fifteenth consecutive year retained its position as the...
Banks in South Africa are reportedly closing ATMs due to including increased digital banking adoption, as more customers transition to...
Jaiz Bank, a trailblazer in Nigeria’s non-interest banking sector since its inception in 2012, is poised to increase its capital...
Nigerian banks’ loans and support for the private sector soared to approximately N74.31 trillion by the end of May 2024,...
Nigerian banks experienced a significant decrease in financial fraud losses in the first quarter of 2024, with the total amount...
The Securities and Exchange Commission (SEC) has issued a stern warning to banks, emphasizing the need for strict adherence to...
Absa, one of South Africa's big-four banks, has partnered with local payments start-ups Stitch and Ozow to launch Absa Pay for enterprise merchants across South Africa. Under...
The Bank for International Settlements (BIS) has urged central banks to leverage the advantages of artificial intelligence (AI), while emphasizing...