The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that it has paid ₦54.62 billion to 691,418 depositors of the now-defunct Heritage Bank. The Corporation also announced a liquidation dividend of …
Banking
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BankingCorporate AffairsEconomic PolicyFinanceGovernanceGOVERNMENTRegulation
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AfricaBankingEconomyFintechInnovationTrade and Commerce
UBA Launches AI-Powered Cross-Border Payment with PAPSS
The Group Managing Director and Chief Executive Officer of United Bank for Africa (UBA), Mr Oliver Alawuba, has described the Pan-African Payment and Settlement System (PAPSS) as Africa’s strategic response …
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BankingClimate ChangeCorporate Social Responsibility,EconomyEnvironmental ProtectionGhana EconomyRenewable Energy
Fidelity Bank Ghana Launches Sustainability Month with Green Campaigns
Fidelity Bank Ghana has flagged off its third annual Sustainability Month, with a bold message encouraging individuals, businesses, and communities to take real action for the environment and for social …
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BankingFinanceMobile PaymentsRegional EconomyTechnologyWestern Africa
Instant Transfers Power Togo’s Regional Payment Drive
In a move to improve financial services and promote seamless digital payments, seven commercial banks in Togo have now joined the Interoperable Platform for Instant Payment Systems (PI-SPI), which was …
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GCB Bank, Ghana’s biggest indigenous financial institution, has received two major honours at the 2025 Project Management Excellence Awards. The bank was recognised for its outstanding work in rolling out …
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AFRICA NEWSBankingBusinessEconomyFinanceMergers and Acquisitions
FDH Bank to Acquire Ecobank Mozambique in Expansion Drive
FDH Bank Plc has taken a bold step in its ambition to become a key player in Africa’s financial sector by announcing the acquisition of a controlling 98.87% stake in …
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BankingFinance & ServicesInnovationMobile PaymentsSouth AfricaTechnology
Capitec Unveils Easy Cross-Border Transfers for Africans
Capitec Bank has introduced a new cross-border money transfer service aimed at helping millions of people in South Africa send money to their families and loved ones in other African …
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BankingDevelopmentFinance & ServicesInternational RelationsLeadershipNigeria
Adesina Promises to Keep Supporting Africa’s Growth After AfDB Tenure Ends
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has said he will continue to push for more capital investments into Africa even after stepping down from his …
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BankingBusinessFinance & ServicesInfrastructureRegulationTechnology
NOVA Bank Targets Growth with New Branches, Regional Licence Plan
NOVA Bank has announced plans to open new branches in Owerri, Abuja, and Port Harcourt as part of efforts to expand its operations across the country. The bank also said …
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AgricultureBankingBusinessEducationTransportation
NCBA Partners Mobikey to Boost Truck and Equipment Financing for Kenyan Businesses
NCBA Bank Kenya has entered a new partnership with Mobikey Truck & Bus Limited to offer better asset financing options to Kenyan businesses, especially those in construction, logistics, agriculture, and …