By Lukman Otunuga, Senior Research Analyst at FXTM, April 20, 2020 will go down in the history books as the day when WTI crude futures...
Visa, global leader in digital payments and Pesapal have announced a strategic partnership to drive connected digital payments to consumers and businesses in Africa. Pesapal will...
United Bank for Africa Plc (UBA), leading African financial institution, held its Annual General Meeting virtually by proxy yesterday– a first in UBA’s seventy-one year history....
Bank of Industry (BoI) has granted three months moratorium to all loans it extended to its customers to enable them cope with the negative impact of...
Central Bank of Nigeria (CBN) has announced lifting the temporary embargo earlier placed on clearing of cheques about a month ago. The apex bank, after President...
African regulators have to support and approve the use of cloud technology within the financial sector, says a new industry report. The study, Cloud Banking in...
Central Bank of Nigeria (CBN) has fined about 28 financial institutions a total sum of N1.4 trillion or $3.9 billion to reduce excess cash in the...
Nigerian fintech platform Okra has secured a $1mn pre-seed fundraise from TLcom Capital, strengthening its push to build the infrastructure for Africa’s next wave of fintech...
By Hussein Sayed, Chief Market Strategist at FXTM Asian equities kicked off Monday trading on a positive note with most benchmarks rising more than 1%, led...
Nigeria Inter-Bank Settlement System Plc (NIBSS) has reported that 9.1 million Bank Verification Numbers (BVN) are inactive in various banks nationwide as at December 31, 2019....