From January 2026, banks, insurance companies, stockbrokers, and other financial institutions in Nigeria will start submitting detailed monthly reports of large transactions to the tax authorities, following a new tax …
Banking, Finance & Investment
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Banking, Finance & InvestmentBusiness and EconomyCryptocurrencyGovernment Policy
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Banking, Finance & InvestmentBusinessCryptocurrencyDigital EconomyTechnology
Institutional Crypto Trading Begins at StanChart
Standard Chartered Bank (StanChart) has launched a new digital asset trading service that will allow its institutional clients to buy and sell cryptocurrencies, including Bitcoin (XBT/USD) and Ether (XET/USD). The …
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Affluent ManagementBanking, Finance & InvestmentBusinessFinance & ServicesInsurance
Affluent Mozambicans Seek Security in Structured Banking
As Mozambique’s economy grows and its financial sector becomes more mature, Affluent individuals and top business leaders are changing the way they manage their money. With more people owning businesses …
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Banking, Finance & InvestmentDevelopmentDigital EconomyEntrepreneurshipFinance & ServicesInnovation
Fidelity Bank Launches Free Digital Empowerment Programme for 100 Nigerian SMEs
by Joy Radarrby Joy Radarrdelity Bank Plc has launched a new digital empowerment programme to support 100 small and medium-sized businesses (SMEs) across Nigeria. The programme, known as the Fidelity SME Empowerment Programme (FSEP), …
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Banking, Finance & InvestmentFinance & ServicesMarketsNigeriaWestern Africa
Moody’s Upgrades Outlook on Ecobank Group
Global credit rating agency Moody’s Investors Service has affirmed the ratings of Ecobank Transnational Incorporated (ETI), the parent company of Ecobank Group, and changed its outlook to stable from negative, …
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BusinessEconomyFinance & ServicesInsuranceINVESTMENTNewsNigeria
Nigeria Liability Insurance Pool Reports 118% Growth in Net Surplus for 2024
The Nigeria Liability Insurance Pool (NLIP) has announced a significant financial performance for the 2024 fiscal year, posting a net surplus of ₦708.24 million, a 118 per cent increase from …
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Banking, Finance & InvestmentBusinessCapital MarketEastern AfricaEconomy
BAT Kenya Doubles Interim Dividend as NSE Gains Momentum
British American Tobacco Kenya (BAT Kenya), listed on the Nairobi Securities Exchange (NSE), has announced a 100 percent increase in its interim dividend after posting strong half-year results. The cigarette …
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AFRICA NEWSDevelopmentEnergyInfrastructureSmall BusinessWorld Bank Projects
Malawi’s MEAP Project Lights Up Homes, Boosts Small Businesses
The Malawi Electricity Access Project (MEAP), which is being run by the Electricity Supply Corporation of Malawi (ESCOM) with financial support from the World Bank, is bringing a major change …
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AfricaGhanaInnovationINVESTMENTTechnologyTrade and Commerce
Singapore Woos Ghanaian Businesses for Trade, Tech, and Innovation Partnerships
Singapore is urging Ghanaian businesses to tap into new opportunities for investment, trade, and technology partnerships, as it looks to strengthen economic ties with Africa. The call came during a …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesKenya
SBM Bank Kenya Reports Ksh 202 Million Profit
SBM Bank Kenya Ltd has posted a profit before tax of Ksh 202 million for the first half of 2025, marking a major turnaround from a loss of Ksh 943 …