Nigeria
Nigeria: Liquidity tightening pushes Nigeria’s overnight rate to 22.20%
Nigeria’s overnight lending rate rose marginally as tighter liquidity conditions followed recent Central Bank of Nigeria (CBN) treasury bills transactions that drained funds ...
Ghana
Ghana: MoMAG urges MoMo agents to diversify as digital payments reshape Ghana’s financial sector
The Mobile Money Advocacy Group Ghana (MoMAG) has urged Mobile Money (MoMo) agents across the country to diversify their businesses as technological innovation ...
Nigeria
Nigeria: FCMB receives ISACA award for contributions to digital trust and cybersecurity
First City Monument Bank (FCMB) has been recognised by the Lagos Chapter of the Information Systems Audit and Control Association (ISACA) for its ...
News
Nigeria: Financial sector growth slows to 9.29% despite N5.3tn recapitalisation
Growth in Nigeria’s banking and insurance sectors slowed to 9.29 per cent in real terms in the second quarter of 2026, despite more ...
Fintech
Nigeria: OPay reaffirms commitment to financial inclusion amid misinformation
OPay has reaffirmed that it remains fully operational in Nigeria and has no plans to suspend or discontinue its services, following the circulation ...
Fintech
Nigeria: Nomba raises $3m debt facility to expand Africa–Asia payment corridors
Nomba, a Nigerian fintech providing payment collection and banking services to businesses, has secured a $3 million debt facility from CardinalStone Finance Company ...
Nigeria
Nigeria: NAICOM targets wider insurance penetration after recapitalisation
The National Insurance Commission (NAICOM) has launched the Insurance Sector Strengthening Programme (ISSP), a new initiative aimed at expanding insurance coverage in Nigeria ...
Africa
Africa needs unified digital trust framework for cross-border trade, NIMC boss says
Africa needs a common digital trust framework to enable secure identity verification, electronic signatures and online transactions across national borders, Director-General and Chief ...
News
Nigeria: Fix financial fragility before seeking external funds – NIGCOMSAT boss
Heads of public institutions must strengthen their financial management and establish institutional credibility before seeking additional funding for reforms, Managing Director and Chief ...
Africa
Africa: AU to launch African Credit Rating Agency on October 7
The African Union (AU) is set to launch the African Credit Rating Agency (AfCRA) on October 7, 2026, in Port Louis, Mauritius, where ...