South Africa
SA financial education startup FinMeUp raises seed funding
South African startup FinMeUp has raised an undisclosed amount of seed funding to help it add a host of new features to its ...
Nigeria
Nigeria: MTN, Airtel gets regulatory approval to operate payment service bank
MTN Nigeria and Airtel Africa Plc have been granted an approval in principle to operate a payment service bank (PSB) in the country. ...
News
Nigeria: Non-performing loans to Entrepreneurs almost 100% – BOI
“People believe that any money from the Bank of Industry that is owned by the government is part of the national cake,” BOI ...
News
5G: MTN, Airtel want Nigeria’s $197 million licence fee slashed
MTN wants as much as 75 per cent cut and a validity period extension by 10 years. Wireless operators want a reduction in ...
Africa
Seychelles: Banks in Seychelles Transitioning Foreign Currency Loans Away From Libor
The contracts of around 185 clients with foreign exchange loans in Seychelles will be amended as commercial banks transition from LIBOR, one of ...
Innovation
Kenya: Equity Ranked Among the World’s 1,000 Biggest Banks
Equity has once again been named among global giants in banking. The Kenyan lender has been ranked position 39 globally on return on ...
News
Nigeria: N11.79 Billion Fraud – Judge Warns Banks Against Snubbing Court Orders
Justice Toyin Oyekan-Abdullahi, of the Lagos State High Court sitting at Osborne, Ikoyi yesterday, warned bank executives of the consequences of snubbing court ...
Ghana
Ghana: ‘Banking Remains a Game Changer’ – Adesola Adeduntan
The Chief Executive Officer of First Bank of Nigeria Limited and Subsidiaries, the parent company of FBNBank Ghana, Dr Adesola Adeduntan, has stated ...
Innovation
South Africa: MUSTEK Partners ACRONIS, Expands Cyber Protection in SA
MUSTEK, one of South Africa’s largest assemblers and distributors of personal computers and complementary technology products, has announced a partnership with Acronis, a ...
News
Nigeria: SEC Canvasses Green Bonds Issuance in Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) has reiterated the need to facilitate the issuance of green bonds and sustainable investments in the country’s ...