Nigerian banks’ loans and support for the private sector soared to approximately N74.31 trillion by the end of May 2024,...
Banking and Finance
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...
Guaranty Trust Holding Company Plc (GTCO), a premier financial services institution in Africa, has recently been honored with two prestigious...
First Bank of Nigeria (FBN) Limited has officially announced the appointment of Olusegun Alebiosu as its new Managing Director (MD)...
A recent report reveals that 76% of banks surveyed across 35 African countries rank digital transformation among their top three...
Nigerian multinational commercial bank Access Bank, has acquired African Banking Corporation of Tanzania (ABCT) Limited, deepening its roots in East...
The African Export-Import Bank (Afreximbank) has disbursed a $40 million Intra-African Investment Facility to bolster Fidelity Bank Nigeria Plc's acquisition...