As Christmas approaches, many of us are already planning our expenses for the holiday period, because we all know that December is a very expensive month...
S&P Global Ratings lowered its long- and short-term issuer credit ratings on d Diamond Bank PLC to ‘CCC+/C’ from ‘B-/B’. The outlook is negative. It...
MTN Group’s fights with Nigerian authorities over $10 billion in repatriated funds and back taxes could increase risk in South Africa’s financial system depending on the...
EFG-Hermes Holding SAE said that it expects to obtain an investment-banking license in Nigeria this week and plans to hire five people in Lagos this year....
Central Bank of Nigeria (CBN) has said that some 25.7million bank customers are yet to be captured in the Bank Verification Numbers (BVN) exercise as at...
Transfast, a leading provider of cross-border payments and remittance solutions, has partnered with Access Bank to facilitate inflow of remittance to bank accounts & delivery in...
Nigerian customers can now shop directly from over 100 international stores, including Amazon, Zara, eBay and Macy’s, and pay in Naira. This became possible with...
A new fear over the state of Nigerian economy has been activated with news of two global financial institutions closing down their offices in the country,...
Leading system integrator in Sub-Saharan Africa, Inlaks, and banking software company, Temenos recently secured a Temenos deal in a Francophone country, Afriland First Bank Cameroon. A...
Central Bank of Nigeria (CBN) has revealed that commercial banks in the country lost a total of N12.06 billion to fraud and forgeries in the first...