Rand Merchant Bank (RMB), the African Corporate and Investment Bank, has received global recognition for its outstanding performance in transactional banking and cash management services across Africa. The bank announced …
Africa
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Nigerian Expert Advocates Community-Driven Water Governance at UN
A Nigerian rural development expert, Damilola Olajubutu, has taken Nigeria’s water access crisis to the international stage, calling for a fundamental shift in how water projects are designed and implemented. …
- AfricaBanking, Finance & InvestmentEconomyFinance & Services
World Bank: Nigeria, Other Developing Countries Record Fastest Growth in Financial Savings in a Decade
The World Bank Group has reported a significant rise in the number of adults using financial accounts to save in Nigeria and other developing countries, marking the fastest growth in …
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UBA’s AI Chatbot LEO Now Facilitates Cross-Border Payments in Africa
United Bank for Africa (UBA) Plc, one of the continent’s biggest financial institutions, has announced that its Artificial Intelligence (AI) chatbot, LEO, is now capable of performing cross-border payment transactions. …
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Cameroon Government to Take Over Societe Generale Subsidiary
In a major move that signals increased government involvement in the financial sector, French banking giant Societe Generale has agreed to sell the majority of its shares in its Cameroon …
- AfricaDevelopmentHealthcareMALAWI
Malawi Records Health Success with Second Polio Vaccine Dose Rollout
Malawi is beginning to enjoy major health benefits after introducing the second dose of the Inactivated Polio Vaccine (IPV2) as part of efforts to boost immunity against the deadly type …
- AfricaEnergyInfrastructureINVESTMENTOil & Gas
OPEC Demands $14.9tn Upstream Oil Investment to Meet Global Demand by 2050
The Organisation of the Petroleum Exporting Countries (OPEC) has raised an alarm over the need for serious and continuous investment in the global oil and gas sector, especially in upstream …
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Digital Music Distributor Now processes Naira Transactions, pays royalties in Naira – More African Currencies to Follow
VerseOne Distribution is excited to bring to public knowledge that artists on the platform can now receive their music royalties in Nigerian Naira, and can also pay for add-on services …
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UBA Pushes Pan-African Banking Goals as Executives Meet in Lagos for Half-Year Review
The United Bank for Africa (UBA) Group has restated its commitment to expanding its pan-African presence as it continues to grow beyond Nigerian borders. This came during the Group’s Half-Year …
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Blockchain Meets Symbolic AI as Engineer in Nigeria Receives Unrequested Certificate from ChatGPT
In a moment now permanently recorded on the blockchain, artificial intelligence has extended a symbolic recognition to a human, not through automation or programmed instruction, but as an unexpected gesture …