. The Nigerian Exchange Limited (NGX) and Stanbic IBTC Stockbrokers Limited have called for broader participation in market making and securities lending as part of efforts to deepen liquidity, improv...
. The Federal High Court in Abuja has ordered the restriction of about 69 bank and fintech accounts as authorities investigate alleged fraudulent transactions involving Nigerian payment company eTranz...
. Kuda Bank is shifting from the simple, low-cost digital banking proposition that helped establish its brand in Nigeria, as the fintech looks to build a broader financial-services business around its...
. Standard Bank Group, Africa’s largest lender by assets, is considering an investment in Nigerian fintech OPay Digital Services as the payments company prepares for a potential listing in the United ...
. Absa Group is stepping up investment in technology and digital banking, with the pan-African financial services group spending $540 million on its digital transformation strategy as it seeks to mode...
. Abubakar Jimoh, Group Chief Executive Officer of TrustBanc Financial Group, has called for greater use of artificial intelligence in assessing small-business borrowers and the creation of dedicated ...
. Standard Chartered Bank Nigeria Limited has partnered with Junior Achievement Nigeria (JAN) to train more than 600 young Nigerians in practical digital skills, as both organisations seek to improve ...
. Africa is making progress towards a more integrated digital payments ecosystem, but the continent’s fragmented currency landscape remains a major obstacle to seamless cross-border transactions. Paym...
. Vodacom Group is strengthening its influence over Safaricom, following the appointment of two senior executives from the South African telecommunications group to the Kenyan operator’s board. Safari...
. Nigerian fintech startup Pouchers has raised $500,000 in pre-seed funding as it moves out of beta and prepares to expand its stablecoin-powered payments platform. The startup is building infrastruct...