The World Bank has raised Nigeria’s economic growth forecast for 2026 to 4.3 percent but warned that increased government spending ahead of the 2027 general elections could put pressure on …
Category:
Banking
Nigeria’s banks and fintech companies are raising concerns over the Central Bank of Nigeria’s six-month deadline for moving payment transaction data onto local infrastructure, warning that a rushed transition could …
Access Holdings’ international operations are becoming an increasingly important source of income, with foreign subsidiaries contributing nearly half of the group’s net earnings in 2025, according to Fitch Ratings. Fitch …
The Nigeria Police Force National Cybercrime Centre has arrested a 27-year-old woman, Hafsat Abubakar, for allegedly creating and circulating a fake notice claiming that OPay was shutting down its operations. …
- BankingCommunity DevelopmentEducationHumanitarian AidPan-African Initiatives
UBA Foundation Humanitarian Drive Impacts Africa
The UBA Foundation, the corporate social responsibility arm of United Bank for Africa (UBA) Plc, has once again demonstrated its commitment to social impact by distributing essential materials and cash …
- BankingEastern AfricaFinancial ServicesInsuranceLegal Affairs
Finance Trust Bank Denied Direct Access to Insurer Funds
by Radarr Adminby Radarr AdminThe High Court has dismissed an attempt by Finance Trust Bank to claim compensation directly from an insurance company following a dispute over alleged professional negligence by a surveying firm. …
- BankingEconomyGhanaGovernancePublic FinanceUncategorized
Ghana Seeks Reforms as Gold-for-Reserves Scheme Records Heavy Losses
by Radarr Adminby Radarr AdminGovernor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has called for a united national effort to reform and strengthen Ghana’s Domestic Gold Purchase Programme (DGPP) and the Gold-for-Reserves …
- BankingBusinessDigital BankingEconomic DevelopmentFinanceGhanaWestern Africa
First Atlantic Bank Expands to Liberia, Boosting West Africa Banking
First Atlantic Bank PLC (FAB) has taken a major step in its regional growth strategy after securing regulatory approval to operate in Liberia. The development marks an important milestone for …
- BankingBusinessEconomyEnergyFinanceInfrastructurePower Sector
Sahara Power Services $438m Loan, Backs Nigeria Power Sector Growth Plans
by Radarr Adminby Radarr AdminSahara Power Group has disclosed that it has so far paid the naira equivalent of $438 million in loan repayments, representing about 73 per cent of its original $600 million …
- African EconomyBankingFinanceGhanaRegulationRemittances
Bank of Ghana Enhances Oversight of Inward Remittances
The Bank of Ghana (BoG) has introduced new operational guidelines for International Money Transfer Operators (IMTOs) as part of efforts to tighten oversight of inward remittances, protect foreign exchange inflows, …
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