News
Nigeria: Recapitalisation Fuels Insurance Sector’s GDP Growth to 20.78%
Nigeria’s ongoing insurance sector recapitalisation has emerged as a key catalyst for the strong real GDP growth recorded in Q3 2025, according to ...
News
Nigeria: Globacom Acquires More Spectrum, Eases Network Congestion
In order to provide faster internet speeds, ensure better coverage and better customer experience across the country, Globacom has announced extensive network infrastructure ...
Africa
Africa: Banks, fintechs unite to tackle $5bn payment inefficiency
African banks, fintechs, and policymakers converged in Lagos on Tuesday for the inaugural Pan-African Payment and Settlement System COWRY event, marking a step ...
Global
Global: Amazon and Google Unveil Joint Multicloud Service to Boost High-Speed Connectivity
Amazon and Google have launched a jointly developed multicloud networking service designed to deliver faster, more reliable connectivity across cloud environments—addressing rising demand ...
News
Nigeria: Galaxy Backbone, NASENI Strengthen Partnership to Advance Nigeria’s Digital Infrastructure
Galaxy Backbone Limited (GBB) and the National Agency for Science and Engineering Infrastructure (NASENI) have renewed their collaboration to enhance government-wide ICT services, ...
Global
Global: GCR Upgrades FairMoney’s National Credit Ratings, Affirms Stable Outlook
Global Credit Ratings (GCR) has upgraded the national scale issuer ratings of FairMoney Microfinance Bank, raising its long-term rating from BBB(NG) to BBB+(NG) ...
Global
Global: J.P. Morgan Revises Outlook, Now Expects Fed Rate Cut in December
J.P. Morgan has adjusted its outlook for U.S. monetary policy, now projecting that the Federal Reserve will implement a 25-basis-point rate cut in ...
News
Uganda: Interswitch Signs New Deal to Drive Financial Inclusion
The National Social Security Fund (NSSF) Uganda has signed a new partnership with Interswitch Group, one of Africa’s leading digital payment and e-commerce ...
Global
Global: Bank of London Announces Leadership Transition as Chris Horne Moves to Group Board Role
The Bank of London has announced a strategic leadership transition as Chris Horne—who has led the institution through a period of stabilisation—moves from ...
News
Nigeria: MTN’s MoMo PSB seals deal with Thunes to expand cross-border payments for Nigerians
MoMo Payment Service Bank (MoMo PSB), the fintech platform of Nigeria’s largest mobile network operator, MTN, has inked a strategic partnership with Thunes, ...