A financial expert, Mr. Samuel Olaniran, has called for deeper collaboration between financial technology companies (fintechs), traditional banks, and Other Financial Institutions (OFIs) in order to foster trust, improve customer …
Banking
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BankingEconomyFinanceFintechRegulationTechnology
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BankingCyber securityFinanceGovernanceRegulation
CBN Directs Banks, Payment Service Firms to Route All Compliance Reports Through New Department
The Central Bank of Nigeria (CBN) has directed banks, Payment Service Banks, and Other Financial Institutions (OFIs) in the country to submit all compliance-related reports and correspondence to its Compliance …
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BankingClimate ChangeEntrepreneurshipFinanceGhanaNewsSustainability
Fidelity Bank Ghana Pledges GH¢500,000 to Support Creative Entrepreneurs
Fidelity Bank Ghana has ended its third annual Sustainability Conference in Accra with a major pledge of more than GH¢500,000 to support young creative entrepreneurs. The bank said the initiative …
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Uganda Equity Bank in Fort Portal has renewed its promise to empower small and medium-sized enterprises (SMEs), describing them as the backbone of Uganda’s economy and a vital driver of …
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BankingCapital MarketCBNEconomic DevelopmentFinance & ServicesINVESTMENT
Will Banking Sector remain a Profitable Investment in 2026 as tier 1 stocks near triple-digit returns
In the past two years, Nigerian banks have delivered some of the most impressive returns on the stock market. Tier-1 banks such as Zenith, Access, UBA, GTCO, and First HoldCo …
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BankingBusinessCapital MarketCBNCentral BankingConsumer ProtectionDigital PaymentsEconomic DevelopmentEconomyFinance & ServicesFintechINVESTMENTTechnology
How Nigerians are Loosing Money to Failed transaction
In Nigeria today, a growing number of people are quietly losing their hard-earned money to the frustrating phenomenon of failed electronic transactions. While the country’s push for a cashless economy …
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BankingBusinessEconomyFinanceMergers and AcquisitionsTechnology
Union Bank Assures Customers of Smooth Services After Titan Trust Merger
Union Bank of Nigeria has assured its customers that banking services will continue without disruption following the completion of its merger with Titan Trust Bank Limited. The bank gave the …
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BankingBusinessCapital MarketEconomyFinanceINVESTMENT
NGX Group Reports N24bn Revenue in 2024 on Bank Recapitalisation and Big Listings
The Nigerian Exchange Group Plc (NGX Group) recorded revenue of N24 billion in the 2024 financial year, boosted mainly by the recapitalisation of Nigerian banks and a series of high-profile …
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BankingBusinessEconomyFinanceKenyaRegulation
Central Bank of Kenya Rejects Exemptions on Staff Loans Under New Pricing Formula
The Central Bank of Kenya (CBK) has rejected requests to exempt bank staff loans from its new loan pricing system, insisting that all borrowers must operate under the same rules. …
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BankingBusinessEconomyFinanceINVESTMENTRegulation
GTCO Injects ₦365.85bn Into GTBank to Meet CBN Capital Requirement
Guaranty Trust Holding Company Plc (GTCO) has made a huge capital injection of ₦365.85 billion into its main subsidiary, Guaranty Trust Bank Limited (GTBank), in order to meet the Central …