News
South Africa: Woman-led edtech Ambani wins I’M IN 2021 accelerator
Mukundi Lambani, founder of Ambani Africa, an interactive African-language based early childhood edtech, has been announced as the winner of the third cohort of ...
Africa
Standard Chartered Bank reports its highest half-yearly operating profit for five years in the Africa, Middle East region
Standard Chartered PLC (the Group) today releases its financial results for the half-year ending 30 June 2021. Profit before tax grew 37 per ...
News
Nigerian telecoms attract only $417.48 million in investments, 55.7% drop in 2020 – NCC
The Nigerian Telecom industry attracted Foreign Direct Investment (FDI) worth over $417.48 million in 2020, down from over N942.86 million in 2019. This ...
News
NIGERIA : FCMB GROUP REPORTS N94.2BN REVENUE
FCMB Group Plc has reported gross revenue of N94.2 billion and Profit Before Tax (PBT) of N8.9bn in the first half of 2021. ...
News
Nigeria: First Bank earns N28 billion from electronic banking fees
First Bank of Nigeria Holdings Plc has generated a total revenue of about N28 billion from electronic transactions in the first half of ...
News
MTN appoints Thrive Agric’s CEO, Adia Sowho as its first female CMO
Nigerian Telecommunications giant, MTN has announced the appointment of Thrive Agric’s interim Chief Executive Officer, Adia Sowho as its first female Chief Marketing Officer (CMO). ...
News
CBN reassures Nigerians of smooth FX supply
The Central Bank of Nigeria has informed the public that it has put in place monitoring measures to guarantee that deposit money banks ...
Global
European Banking Authority 2021 stress level shows capital base increase by banks
The European Banking Authority (EBA) has published the results of its 2021 EU-wide stress test, which involved 50 banks from 15 EU and EEA countries, ...
Africa
AfDB launches Transaction Guarantee for trade transactions in Africa
The African Development Bank, through its Financial Sector Development’s Trade Finance operations, has launched a Transaction Guarantee instrument, according to Devdiscourse. Transaction Guarantee is designed ...
Global
UK: Payment Systems Regulator launches Digital Payments Initiative
UK-based PSR has announced a new initiative to understand potential barriers to the take-up of digital payments and identify potential solutions. The initiative will be ...