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 …
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 …
The Central Securities Clearing System Plc (CSCS) has announced plans to host a major webinar as part of industry-wide sensitisation on Nigeria’s transition to the T+2 Settlement cycle for equities …
The Federal Competition and Consumer Protection Commission (FCCPC) has introduced strict new regulations to tackle unethical practices in Nigeria’s growing digital lending market. The new rules, which came into effect …
Lasaco Assurance Plc has announced plans to transfer its annuity business portfolio to Cornerstone Insurance Plc as part of a broader strategic realignment within the company. The announcement was contained …
A quiet but tense standoff has continued between the Ministry of Aviation and Aerospace Development and helicopter operators in Nigeria following the reintroduction of a $300 landing fee ordered by …
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. …
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 …
South Africans will have to pay more for electricity after the National Energy Regulator of South Africa (Nersa) admitted to making mistakes in calculating Eskom’s revenue for the coming years. …
South Africa’s Competition Tribunal has confirmed settlement agreements involving WesBank, FirstRand, and subsidiaries of Toyota, over allegations of uncompetitive behaviour in the country’s vehicle financing sector. The companies will pay …