First Atlantic Bank PLC (FAB) has taken a major step in its regional growth strategy after securing regulatory approval to operate in Liberia. The development marks an important milestone for …
Fintech
- BankingBusinessDigital BankingEconomic DevelopmentFinanceGhanaWestern Africa
The Chief Executive Officer of First Bank of Nigeria Limited, Mr Olusegun Alebiosu, has said the bank’s Digital Xperience Centre initiative is part of a broader effort to redefine how …
- BankingBusinessEconomyFinancePoliciesRegulationTechnology
Nigerian Banks Shift Focus to Fees, Digital Services as FX Windfall Falls
Nigerian banks are increasingly turning their attention to non-interest income as the extraordinary foreign exchange (FX) gains they enjoyed after the FX market harmonisation begin to fade. This trend was …
- Capital MarketFinanceNigeriaRegulationTechnology
SEC Pushes for Technology-Driven Compliance Ahead of 2025
The Securities and Exchange Commission has called for stronger adoption of technology-driven compliance systems across Nigeria’s capital market as preparations heighten for the SEC/Nigerian Capital Market Institute Compliance Summit 2025. …
- BusinessConsumer NewsEastern AfricaFinanceKenyaRegulationTechnology
Bitcoin ATMs Appear in Nairobi Malls as Kenya’s New Crypto Law Takes Effect
Bitcoin ATMs have started appearing in major shopping malls across Nairobi, days after Kenya’s new law on virtual assets became active. The bright orange machines, branded “Bankless Bitcoin,” were seen …
- BankingCorporate NewsDigital Payments & FintechFinanceFraud & CybersecurityLegal Affairs
₦230m Missing After System Glitch — Alpha Morgan, NEM Sue 19 Banks
Alpha Morgan Bank Plc, together with two of its major customers — NEM Insurance Plc and Extension Publications Limited — has dragged 19 financial institutions to the Federal High Court …
- Consumer ProtectionDigital EconomyEconomyFintechRegulationTelecommunications
Coalition Urges Telecom Firms to Comply with FCCPC’s Digital Lending Regulations
The Coalition for Economic Fairness (CEF), a network of civil society organisations, has called on telecommunications companies and their foreign partners to fully comply with the Federal Competition and Consumer …
- BankingEconomyFinance & ServicesFintechInnovationTechnology
Africa Bank 4.0 Summit to focus on AI and real-time payments in Lagos
The 17th edition of the Africa Bank 4.0 Summit (West Africa-2025) will take place in Lagos next week, bringing together top banking and fintech leaders from across the continent to …
- BankingConsumer ProtectionDigital PaymentsEconomyFinancial InclusionNigeriaRegulation
BCAN Backs CBN’s 24–48-Hour Refund Policy for Failed ATM Transactions
The Bank Customers Association of Nigeria (BCAN) has thrown its weight behind the Central Bank of Nigeria (CBN) over the newly proposed 24 to 48-hour refund policy for failed Automated …
- Central BankingEconomyInternational RelationsMonetary PolicyTechnology
CBN and Bank of Angola Sign MoU to Strengthen Bilateral Financial Cooperation
The Central Bank of Nigeria (CBN) and the Bank of Angola have signed a Memorandum of Understanding (MoU) to deepen bilateral cooperation and strengthen capacity in central banking operations between …