The Bank of Zambia (BoZ) has announced that almost half of the country’s old banknotes have now been withdrawn from circulation as part of its ongoing currency replacement programme. Speaking …
Banking
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BankingCurrency & ExchangeEconomyFinanceGovernment PolicySouthern Africa
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BankingEconomyFinanceIslamic BankingReligionTravel & Pilgrimage
GCB Bank Rolls Out Secure Hajj Account for Pilgrims
GCB Bank, one of Ghana’s biggest financial institutions, has introduced a new Hajj Savings Account to support Muslim customers planning for the holy pilgrimage. The product is designed to provide …
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AfricaBankingBusiness UpdatesCommoditiesEconomyFinanceInternationalTrade
Egypt’s Foreign Reserves Rise to $49.25 Billion
The Central Bank of Egypt (CBE) said on Monday that the country’s net international reserves grew to $49.25 billion in August 2025, compared to $49.04 billion in July. This means …
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BankingBusinessEconomyFinanceNewsNigeria
CreditPro Finance Secures CBN Licence to Expand SME Lending Nationwide
CreditPro Finance Company Limited has received approval from the Central Bank of Nigeria (CBN) to operate as a licensed finance company, a development expected to boost lending to small and …
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BankingBusinessEconomyFinanceTechnology
FirstBank Customers Face Service Disruption on Digital Channels
Customers of First Bank of Nigeria Limited, popularly known as FirstBank, are currently facing difficulties accessing some of the bank’s major digital banking platforms following a temporary service disruption. In …
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BankingEconomyFinanceFintechRegulationTechnology
Expert Urges Stronger Collaboration Between Fintechs, Banks, and OFIs
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 …
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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 …