Mr Philips Oduoza, outgoing group managing director, United Bank for Africa (UBA) Plc, pan-African banking group, has called for increased collaboration among African central banks in...
Unlicensed mobile payment companies have invaded the country’s mobile financial services ecosystem exploiting the weak regulatory enforcement system and stakeholders are not happy about it. Emmanuel Okoegwale,...
According to Uganda Revenue Authority (URA), tax evasion in the country has been put under check thanks to the Vblock 340 platform with a VCE Vision™...
Sentiment towards the Nigerian economy received a painful blow in July following the shocking reports that the nation had slipped into a technical recession. Africa’s largest...
The Naira plummeted further on Friday against major foreign currencies like the dollar, Pound Sterling and the Euro in all segments of the market, an indication...
Nigeria Deposit Insurance Corporation, an independent government agency, said it was concerned about an “increasing wave” of non-performing insider loans in the country’s banks. Such...
Central Bank of Nigeria (CBN), has affirmed its confidence in Skye Bank Plc and has provided a short-term loan to the Bank to help to stabilise...
James Agada, managing director, Computer Warehouse Group plc, has said that Computer Warehouse Group Automated Teller Machine (ATM) as-a- service initiative will save banks 20 percent...
The foreign exchange market swung left and right yesterday, forcing the Naira to drop to a new low in both the official and parallel markets, exchanging...
Wi-PAY Technologies announced that it has been granted an approval-in-principle by the Central Bank of Nigeria (CBN) to run mobile money operations. By a letter signed...