United Capital Plc has announced a profit after tax of N11.89bn for the first half of 2025, representing a remarkable 522 per cent increase compared to the same period in …
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- BankingBusinessDevelopmentEconomyEntrepreneurshipFinanceNigeriaReal EstateStartups
HQ, The Alternative Bank Partner to Provide Affordable Office Spaces for Startups Nationwide
HQ, a subsidiary of International Workplace Group (IWG), has partnered with The Alternative Bank to make modern and affordable office spaces available to startups and small businesses across Nigeria. The …
- African EconomyBankingFinancial Inclusion
Ecobank Targets Stronger Second Half as CEO Jeremy Awori Banks on Diverse Growth
Pan-African banking giant Ecobank has expressed confidence in achieving stronger financial performance in the second half of 2025, with Group Chief Executive Officer Jeremy Awori saying the lender’s diversified operations …
- BankingCorporate AffairsEconomic PolicyFinanceGovernanceGOVERNMENTRegulation
NDIC Pays ₦54.62bn to Heritage Bank Depositors
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 …
- 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 …
- 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 …
- 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 …
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 …
- 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 …
- 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 …