Emmanuel Ojukwu
- Banking
- September 5, 2024
- 40 views
Zenith Bank Achieves Triple-Digit Growth in H1 2024 Amid Challenging Economic Conditions
One of Nigeria’s leading financial institutions, Zenith Bank Plc, has reported exceptional financial results for the half-year ending June 30, 2024, showcasing a remarkable 117% surge in gross earnings, reaching…
- Banking
- August 24, 2024
- 73 views
UCEE Microfinance Bank Kicks Off Operations With Mobile App to Drive Financial Inclusion in Nigeria
UCEE Microfinance Bank, a subsidiary of United Capital Plc, has officially launched its services, introducing a mobile app designed to enhance financial accessibility across Nigeria. The bank’s grand opening took…
- Banking
- July 31, 2024
- 44 views
FCMB Welcomes Ademola Adebise to Its Board of Directors
First City Monument Bank (FCMB) has appointed Ademola Adebise, a well-respected figure in the Nigerian financial industry, to its board of directors. In addition to strengthening its leadership team with…
- Banking
- July 31, 2024
- 54 views
Kenya’s Banking Sector Leverages AI to Combat Internal Fraud and Theft
Kenya’s banking sector is increasingly adopting artificial intelligence (AI) as a strategic tool to combat internal fraud and theft, reflecting the growing importance of technology in enhancing financial security. This…
- Fintech
- July 31, 2024
- 50 views
LemFi Expands its International Payment Services to Brazil and Mexico
LemFi is a leading financial technology platform revolutionising how people move their money globally. LemFi serves over 1 million customers in the United States, the United Kingdom, and Canada through…
- Fintech
- July 31, 2024
- 45 views
Kuda Partners with SeerBit to Offer Cardless Payments and Enhance Security
Nigerian fintech company Kuda has announced a strategic partnership with SeerBit, a payment gateway, to provide customers with a secure and convenient cardless payment option for online transactions, thereby reducing…
- Economy
- June 4, 2024
- 54 views
Pension Funds Shift Focus from Mutual Funds to Government Securities
Pension Fund Administrators (PFAs) have significantly reduced their investments in mutual funds, opting instead for Federal Government securities and money market instruments. This shift was revealed in the Unaudited Report…
- Banking
- June 4, 2024
- 111 views
CBN Clears $831m in Trapped Funds for Foreign Airlines, Confirms IATA
The Central Bank of Nigeria (CBN) has successfully cleared $831 million of foreign airlines’ trapped funds over the past year, the International Air Transport Association (IATA) confirmed on Sunday. This…
- Banking
- May 30, 2024
- 72 views
SEC to Unveil Framework for Bank Recapitalisation
The Securities and Exchange Commission (SEC) has announced its intention to release a comprehensive framework to steer the capital market through the forthcoming bank recapitalisation exercise. This initiative was revealed…
- Economy
- May 30, 2024
- 79 views
Nigeria to Kickstart Local Manufacturing of Auto Parts
The Federal Government of Nigeria has announced plans to commence the local manufacturing and supply of tyres, batteries, brake pads, and other automobile components, in a bid to invigorate the…
