Global
Global: Access Bank UK Acquires Majority Stake in Mauritius’ Afrasia Bank
Access Holdings Plc has announced a significant milestone in its Pan-African expansion strategy. Its UK subsidiary, Access Bank UK, has entered into a ...
News
Africa: UBA and Mastercard Unveil Special Debit Card with Exclusive Benefits for 75th Anniversary
In celebration of its 75th anniversary, United Bank for Africa (UBA) Plc has partnered with Mastercard to introduce a special commemorative debit card, ...
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Nigeria: 28 Million Nigerians Remain Unbanked, Despite CBN’s Financial Inclusion Gains
The Central Bank of Nigeria (CBN) reported yesterday that over 28 million Nigerians still lack access to formal financial products and services, even ...
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Nigeria: Federal Government to Begin Clearing Pension Backlog Next Week – Finance Minister Edun
The Federal Government of Nigeria will begin addressing the backlog of pension payments under the Contributory Pension Scheme (CPS) next week, according to ...
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Nigeria: Naira Drops to N1,690/$ as FX Market Intervention Declines
The Nigerian naira fell further against the US dollar in the autonomous foreign exchange (FX) market, reaching approximately N1,690 per dollar on Tuesday. ...
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Nigeria’s Money Supply Surges to N108.95 Trillion
Recent data from the Central Bank of Nigeria (CBN) reveals a sharp year-on-year rise in the country’s broad money supply (M3), which grew ...
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Nigeria: NDIC Initiates Auction of Heritage Bank Assets to Settle Uninsured Depositors’ Claims
The Nigeria Deposit Insurance Corporation (NDIC) has begun a nationwide auction of properties and assets belonging to the defunct Heritage Bank, in a ...
Africa
Nigerian Fintech Lendsqr Launches AI-Enhanced Loan Management Platform in Kenya
Lendsqr, a prominent Nigerian fintech specializing in advanced loan management solutions, has officially launched its platform in Kenya, marking a strategic move to ...
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Global Payment Processing Solutions Market Poised for Growth, Projected to Hit $139.7 Billion by 2032
The global Payment Processing Solutions Market, currently valued at USD 52.1 billion, is forecasted to reach an impressive USD 139.7 billion by 2032, ...
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Nigeria: Naira Weakens as CBN Foreign Payments Surge by 11%
The naira continued its downward trajectory in the foreign exchange market, depreciating by 0.7% week-on-week to N1,678.87 per US dollar at the Nigerian ...
