Baobab Microfinance Bank has reaffirmed its commitment to empowering small and medium-sized enterprises (SMEs) and micro-entrepreneurs across Nigeria by disbursing loans worth over N323bn to more than 407,000 customers. This …
financial inclusion
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Banking, Finance & InvestmentBusinessNigeriaWestern Africa
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First City Monument Bank (FCMB) has broadened its reach by inaugurating a new branch in Ogbomosho, Oyo State, aiming to enhance financial inclusion and stimulate economic growth in the region. …
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AFRICA NEWSBanking, Finance & InvestmentBusiness
Union Bank Launches Fourth Season of ‘Save and Win Palli’ Promo, Offering Over ₦131 Million in Prizes
Union Bank has announced the commencement of the fourth edition of its ‘Save and Win Palli’ promo, a nationwide campaign designed to reward both new and existing customers with cash …
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AfricaAFRICA NEWSBusinessBusiness and EconomyCryptocurrencyEconomyFinance & ServicesFintechNigeria
Africa Records 100 Million Crypto Users, Nigeria Tops Chart
Africa’s digital revolution is accelerating as cryptocurrency adoption surges across the continent, with a recent report revealing that over 100 million Africans are now using crypto assets—and Nigeria leads the …
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AfricaBanking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesFintechTANZANIATechnology
Tanzania’s E-Payment Boom Sparks Shift Toward a Cashless Economy
Tanzania’s payment landscape is rapidly evolving, with a significant surge in electronic transactions inspiring a national shift towards a cashless economy, according to recent reports from financial authorities and tech …
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Banking, Finance & InvestmentBusinessBusiness and EconomyEconomyFinance & Services
Nigerians Cry Out for Cheaper Loans as 65.5% Demand Lower Interest Rates – CBN
A new report from the Central Bank of Nigeria (CBN) has revealed that a majority of Nigerians are groaning under the burden of high borrowing costs, with a whopping 65.5% …